Honduras: Increase in Capital Requirement for Banks

©image: Alex Steffler

Resolution 633/12-05-2009, issued by the National Banking and Insurance Commission (CNBS), applies to banks and financial institutions.

In a Laprensahn.com article, it was reported: "The CNBS, based on the behavior of the economy and in order to maintain the real value of minimum capital in the financial system, according to the evolution of the consumer price index, will review and could update every two years the minimum amount of capital required to operate in Honduras."

Source: laprensahn.com

More on this topic

El Salvador: SSF Insists that Banking System is Sound

May 2009

According to the Financial System Superintendent, Salvadoran banking is well capitalized, with strong indicators.

The Superintendent of the Financial System, Luis Armando Montenegro, told Laprensagrafica.com that the Salvadoran banking system is solid, "so at this time it is not necessary to perform stress tests, such as those conducted recently by the FED in the United States..."

Central American Banks: Special Report

September 2011

Fitch Ratings has issued a special report entitled, "Central American Banking: After the Crisis, a Disparate Evolution"

In Fitch's opinion the banks have shown a mixed performance in Central America during the period of the global financial crisis. At the same time, banking systems have dissimilar perspectives on future performance, reflecting different economic growth prospects in the region.

Honduran bank assets grew 11% in 2008

February 2009

Honduran banks reported $11.3 billion in assets at the end of 2008, an increase of 11%.

The National Banking and Insurance Commission reported the results for 2008, in which Bac-Bamer Bank topped the list with $1.8 billion in assets, followed by Atlantida Bank with $1.6 billion and Ficohsa with $1.55 billion.

New rules for Panama banks

October 2008

The measure that was approved establishes regulations for credit risk capital, and is applicable to all entities operating under the local system.

Due to the growth and evolution of the risk profiles in existing credit portfolios, the Panama Superintendence of Banks (SBP) approved Accord No. 5-2008 on October 1, 2008.