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BAC Credomatic is a financial group in Central America, with operations in Guatemala, El Salvador, Honduras, Nicaragua (where it was founded and former headquarters in the city of Managua), Costa Rica (current headquarters), Panama, Grand Cayman, The Bahamas, and the United States.
In 1891 the bank, merged with the branch there of Anglo-South American Bank under the name Banco Salvadoreño (Bancosal). The bank came to an agreement with Banco Internacional de El Salvador, which had a 25-year monopoly on note issuance, so that it too could issue notes. The government of El Salvador nationalized the bank in 1980 as part of a ...
According to the Ecuadorian Superintendency of Banks, as of 2012, the ten most profitable banks in Ecuador were (ordered by profit): Banco Pichincha, Banco del Pacífico, Banco de Guayaquil, Produbanco, Banco Internacional and Banco Bolivariano, Banco del Austro, Banco Solidario, Citibank Ecuador and Unibanco (now merged with Banco Solidario). [2]
The Central Reserve Bank of El Salvador (Spanish: Banco Central de El Salvador) is the central bank of El Salvador, which controls the currency rate and regulates certain economic activities within El Salvador. The bank was originally privately owned, but was brought under state control through The Law on the Reorganization of Central Banking.
Banco del Café (English: Bank of the Coffee), commonly known as Bancafé, was a bank in Guatemala that collapsed because of bad loans and panicked withdrawals set off by an investigation by Guatemala's Superintendencia de Bancos in 2006. This eventually brought the bank down.
El Salvador and Guatemala maintain bilateral relations. El Salvador has an embassy in Guatemala City. [1] Guatemala has an embassy in San Salvador. [2] Both countries are members of the Central American Integration System, Community of Latin American and Caribbean States, Organization of American States, and the Organization of Ibero-American ...
Asset Banca www.ab.sm: ASTTSMS1 Banca Agricola Commerciale Istituto Bancario Sammarinese www.bac.sm: BASMSMSM Banca Commerciale Sammarinese www.bcs.sm: COERSMS1 Banca del Titano None: BTITSMS1 Banca di San Marino: www.bsm.sm: MAOISMS1 Banca Partner [a] www.bancapartner.sm: PANNSMS1 Banca Sammarinese di Investimento www.bsi.sm: BSDISMSD
El Salvador, Guatemala, Honduras, and Nicaragua also are negotiating a free trade agreement with Canada, and negotiations started on 2006 for a free trade agreement with Colombia. El Salvador's balance of payments continued to show a net surplus. Exports in 1999 grew 1.9% while imports grew 3%, narrowing El Salvador's trade deficit.