Panama: $30 Million for Banvivienda

©image: Banvivienda

In June, the group had injected $10 million in the bank.

Prensa.com reports: "...the purchase of 65% of Aseguradora Mundial on behalf of Spanish corporation Mapfre... implies a $102.7 million cash payment for the group, in additon to $4.5 million in dividends for 2009's operations, as well as 35% of Mapfre Central America".

Source: Prensa.com

More on this topic

Costa Rica speeds up plans to capitalize banks

November 2008

The decision by Government to inject capital into State owned banks, Banco Costa Rica and Banco Nacional should be ready by mid next week.

Its was confirmed by the Minister to the Presidency, Rodolfo Arias, who analyzed the topic in an extended session of the Economic Council that took place yesterday at Casa Presidencial.

$17.5 million for Costa Rica's Bancredito

November 2008

The government will transfer $17.5 million to Agricultural Credit Bank of Cartago (Bancredito) as part of a plan to provide capital for State banks.

The total transfer will be $117.5 million to the three State banks. The Government had already announced $50 million in capital for the National Bank and the Bank of Costa Rica

Bac-Bamer authorized to increase its capital base

July 2008

The National Commission of Banking and Insurance in Honduras has authorized Banco America Central (Bac-Bamer) to increase its capital base from 95.4 milion dollars to 132.3 million.

Bac-Bamer manager Jacobo Atala says the increase in capital is based on a study. The bank needs a larger capital base, even though it's already the largest financial system in the nation.

Credit available at Costa Rican state banks

January 2009

After being capitalized, the three state banks - Bank of Costa Rica, The National Bank and Bancredito - reactivated all their lines of credit.

Nacion.com reports: "The Bank of Costa Rica has issued some $14 million (¢8 billion colones) since December 23.

At Bancredito, Arnoldo Trejos, Commercial sub manager, reported that they are currently formalizing the requests that were accumulated during the last few months of 2008.