New Ficohsa Agency in U.S.

©image: ficohsa.com

In the new branch, the bank offers money wiring services and payment of credit cards.

From Honduran newspaper El Heraldo: "This way, Ficohsa Express keeps expanding its presence in the United States ... These agencies contribute in sending remittances to Honduras".

Source: elheraldo.hn

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Honduras: New Housing Campaign by Ficohsa Bank

March 2009

The campaign is focused on pre-approval of housing loans in 20 minutes through the BANHPROVI (Honduran Production and Housing Bank) credit line, with an interest rate of 10% during a period of up to 20 years.

Digital Process published on its website: "It was explained that customers interested in these loans can go to any Ficohsa agency at a national level with a copy of their ID card, proof of income with detailed deductions and a credit application. The customer will have an answer in 20 minutes upon presenting the documentation. "

Honduras: Fitch improves ratings for FICOHSA bank to A-(hnd)

September 2008

Fitch upgraded long term and short term ratings for FICOHSA bank to A-(hnd) and F1(hnd), up from BBB+(hnd) and F2(hnd), respectively.

At the same time it also upgraded the ratings for FICOHSA Corporate Bonds from BBB+(hnd) to A-(hnd). The outlook assigned is stable.
The new ratings reflex the strengthening of FICOHSA bank's networth, improvements in financial performance, and the strengthening of its participation in the commercial banking system market in Honduras.

Grupo Ficohsa Enters Panama

May 2011

The Honduran banking group has opened its first regional agency in the Panamanian banking center.

Camilo Atala, Grupo Ficohsa’s chairman, said the headquarters in Panama will serve as a platform to expand into the rest of the Central American market.

An article in Laprensa.hn contains statements by the executive, "Ficohsa will operate with international license in Panama,.

New bank to begin operations in El Salvador

September 2008

The Industrial Bank of El Salvador is completing the procedures at the Financial System Superintendence to formally become a bank.

According to the Superintendence, shareholders will hold 1% or more of the social capital of said company which is being created and includes: Banco Industrial S.A. (from Guatemala), Construagro S.A. (from El Salvador), y José Luis Zablah Touché (from El Salvador).