Banco Hondureño de la Producción y la Vivienda
in Central America
Friday, March 19, 2010
Banhprovi, the Honduran Bank for Production and Housing, will offer long term, low rate loans for coffee growers.
The main objective of the program is to assist coffee growers in improving the quality of their plantations.
Friday, January 29, 2010
The Bank for Production and Housing (Banhprovi), has earmarked $339 million for funding homebuilding projects.
Banhprovi’s executive president, Julio César Quintanilla, added that in 2010 they will also loan resources for production and micro-credit.
Thursday, January 14, 2010
The goal of the project is to build 3.300 social housing units for low income people.
Dilcia Galo is the director of the program.
Friday, November 27, 2009
Banhprovi, Honduras' Bank for Production and Housing, earmarked $11.1 million (210 million lempiras), to boost banana production.
The bank will adjust $3.2 million worth of existing loans to banana growers, and will assign an additional $7.9 million in new loans for this sector.
Thursday, June 18, 2009
To support the economic sector of Honduras, Ficohsa Bank is opening new financing options with funds from Banhprovi.
The funds from the Honduran Bank for Production and Housing (Banhprovi) that are available through lines of credit at Ficohsa Bank are designated for urbanization and housing construction projects as well as for the construction of commercial real estate for farming or industrial distribution centers, among others.
Friday, June 12, 2009
The financial system, set against a surplus of $1.5 million in liquidity, offers better credit conditions.
Expediency in the approval process, lower interest rates, and extended payments terms are some of the incentives they are offering.
La Prensa publishes in its web portal: "As an additional service, applicants have the option to consolidate all their financial obligations into a single account."
Tuesday, May 12, 2009
Private banking requested $158 million from the Honduran Production and Housing Bank to boost the construction sector and generate jobs.
The requested funds are part of a trust worth $529 million that the Honduran Production and Housing Bank (BNHPROVI) has in order to stimulate the economy.
Monday, May 4, 2009
People owning a home can now opt to finance a second home.
Stimulation of the construction industry is sought by making the requirements for accessing the funds of the Banhprovi trust more flexible.
Reynaldo Yanes wrote in Laprensahn.com: "Of the 10 billion Lempiras ($529 million) which the Banhprovi trust has, up to 4 billion ($212 million) will be invested to stimulate the construction industry in both the public and private sectors by way of a rediscount through the banking system."
Wednesday, March 18, 2009
Of the $212 million total in the Central Bank trust, $23 million have already been handed over between January and February.
Journalist Reynaldo Yanes explained in Laprensahn.com: "Of the $530 million which make up the trust, $212 million belongs to housing sector, urbanization, shopping center and hydroelectric generation projects as reported by the president of Honduran Private Enterprise (COHEP), Alejandro Alvarez. Thanks to this stimulus, the construction industry would be able to recover all of the 25 thousand jobs it has lost since last year when long-term credit lines began to close; a situation that was influenced by the development of the international financial crisis."
Friday, March 13, 2009
Ficohsa Bank announced that it will offer loans for projects at a rate of 10% with 7 year terms and a 3 year grace period.
The funds are coming from credit lines with BANHPROVI (Honduran Production and Housing Bank), and are oriented toward the growth of the country’s productive sector.
Wednesday, November 12, 2008
The Honduran Bank for Production and Housing (BANHPROVI) increased funds available for "Citizen Housing" programs by $26.5 million.
Thanks to an agreement with the Private Appropriations Regime (RAP)
The scope of this agreement allows the second level bank to continue subsidizing housing loans at 10.5%, versus 19% and up to 20% with private banks.
Tuesday, June 10, 2008
The government of Honduras aims to boost housing construction by issuing bonds for a total of 1.5 billion lempiras (US$79 million).
Officials say the amount of the issue should cover loan requests received by the private banks in recent months.
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