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He was president of the largest mortgage bank of El Salvador (Banco Hipotecario) before the 1982 election. He was sworn in by the President of the Constituent Assembly Roberto D'Aubuisson. [citation needed] His inauguration as president on May 2, 1982, marked the beginning of elected government in El Salvador after the junta of 1979–1982.
Banco Davivienda El Salvador; Banco Cuscatlán Banco Hipotecario de El Salvador Grenada. Commercial banks. Grenada Co ...
In October 2023, the El Faro digital newspaper alleged that Global Motors, S.A de C.V. secretly received 16 checks from the Banco Hipotecario amounting to US$118,143.23 from 2017 to 2019. El Faro alleged that the checks came from then-President Salvador Sánchez Cerén 's supposed black budget .
Banco Francés del Río de la Plata: Argentina Argentina: 1887 Banco Nacional de la República Oriental del Uruguay Uruguay Uruguay: The only part of the bank that did not go into bankruptcy, the mortgage section, became in 1892 the Banco Hipotecario del Uruguay, nationalized in 1912 and still in operation. 1888 Hatton National Bank: Ceylon Sri ...
Aareal Bank, Wiesbaden, Germany; Aargauische Kantonalbank, Aarau, Switzerland; Abacus Federal Savings Bank, New York, United States; AB Bank, Dhaka, Bangladesh; AB ...
Location of El Salvador. El Salvador is the smallest and the most densely populated country in Central America.El Salvador's capital and largest city is San Salvador.As of 2015, the country had a population of approximately 6.83 million, consisting largely of Mestizos of European and Indigenous American descent.
Bukele became the CEO of Global Motors, S.A de C.V. (also known as Yamaha Motor El Salvador) on 20 July 2017, succeeding his brother Karim. In October 2023, the El Faro digital newspaper alleged that, from 2017 to 2019, the company secretly received 16 checks from the Banco Hipotecario amounting to US$118,143.23 which supposedly came then-President Salvador Sánchez Cerén's black budget.
The institution was chartered on September 24, 1886, as the Banco Hipotecario Nacional (National Mortgage Bank) by a bill (Law 1804) signed by President Julio Roca. [5] The bank pioneered mortgage lending on extended, low-interest terms in Argentina, and thus contributed to consolidating a modern Argentine economy (a policy centerpiece of the Generation of '80, as Roca and his allies were known).