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Former BAC building in Managua, 2007. Founded in 1952 in Managua as Banco de América Central, BAC was the forerunner of what is now known as the BAC Credomatic Group (Spanish: Grupo BAC Credomatic). By the seventies, the bank ventured into the business of credit cards using the Credomatic brand.
The bank penetration is approximately 33.7% and the main banks in DR are Banco Popular Dominicano, Banco de Reservas de la Republica Dominicana, Banco BHD.
Operations in Peru acquired by Banco de Credito del Peru (Santander returns to Peru in 2007) BankBoston Peruvian operations acquired by Banco de Credito del Peru; Banco de Lima Sudameris Merged with Banco Wiese and rebranded as Banco Wiese Sudameris; NBK Bank; Banco del Pais; Banco Republica; Bancosur
Cheque clearing (or check clearing in American English) or bank clearance is the process of moving cash (or its equivalent) from the bank on which a cheque is drawn to the bank in which it was deposited, usually accompanied by the movement of the cheque to the paying bank, either in the traditional physical paper form or digitally under a cheque truncation system.
Cuscatlán (Spanish pronunciation: [kuskaˈtlan]) is a department of El Salvador, located in the center of the country.With a surface area of 756.19 square kilometres (291.97 sq mi), it is El Salvador's smallest department.
In Spain, the DUB's operations were expropriated in 1948 and renamed Banco Comercial Transatlántico (lit. ' Transatlantic Trade Bank ' , BCT) in 1950. Deutsche Bank gradually rejoined BCT as a shareholder, with a 10 percent stake in 1957 growing to 25 percent in 1971 [ 1 ] until regaining majority control of BCT in 1989 and renaming it ...
In Honduras, the business-lending arm of the World Bank aligned itself with a key player in a land dispute that has left more than 130 people dead, including Gregorio Chávez, a preacher who went out to tend his garden one day and didn’t come back. In the last decade, the International Finance Corp.’s lending and influence has soared, even as it has embraced financing methods that shield ...
Torre Cuscatlán (Cuscatlán Tower in English; formerly known as Torre Democracia or Tower of Democracy) is an office building and is one of the tallest buildings in El Salvador located in Antiguo Cuscatlán.