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News affecting the financial and monetary institutions in the country of Honduras.

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Mid-year economic growth of 3.6 % in Honduras

Mid-year economic growth of 3.6 % in Honduras

Honduras August 31 2015 The Honduran Central Bank reported that according to the original series of the Monthly Economic Activity Index (IMAE) in June …

Honduras Finance Minister Defends New Airport

Honduras Finance Minister Defends New Airport

The head of the Ministry of Finance, Wilfredo Cerrato, said that the construction of the …

Mobile Banking Transactions in Honduras Reach $160 Million in Transactions

Mobile banking transactions in Honduras grew to 3.5 billion lempiras (approximately USD $160 million) in 2014, according to…

Miguel Facussé Barjum One of Honduras Richest Men Passes Away

One of Honduras richest men Miguel Facussé Barjum passed away in the Capital city of Honduras Tegucigalpa. He was…

World Bank Guarantees 80 MW Solar Installations in Honduras

The growth of investment in solar energy in Honduras continues at breakneck speed. MIGA, which is part World…

Honduran President Tells Reporters That U.S. May Still Provide Aid

Honduran President Tells Reporters That U.S. May Still Provide AidHondurans waving torches may have taken to the streets demanding his resignation over corruption, but their president said Wednesday the U.S. Congress may pass a huge Central American aid package anyway. “I do not see any big complication,” President Juan Orlando Hernandez said in an interview with news agency reporters. The billion-dollar development package called […]…

European Union to Loan Honduras $150,000,000

European Union to Loan Honduras $150,000,000

Honduran President Juan Orlando Hernández is attending a summit of the European Union, and the Community of the State of Latin Americans and Caribbeans (Unión Europea y la Comunidad de…

Factom Partners with Honduras Government to Build Blockchain-backed Land Registry

Factom Partners with Honduras Government to Build Blockchain-backed Land Registry

Texas-based record-keeping service Factom has reportedly partnered with the Honduras government to pilot a program using the blockchain to record land ownership in the country. The trail will be made…

Honduras: Shows Improvement in Tax Compliance

Honduras: Shows Improvement in Tax Compliance

On January 12 2015 Honduras enacted the Agreement with Government of the United States of America to Improve International Tax Compliance and to Implement FATCA (Agreement). On February 6 2015, the Guidelines for the implementation of the Agreement, issued by the National Banking and Insurance Commission (CNBS) became enforceable. Under the Agreement and Guidelines, for […]

Honduras Announces Bond Sale Not Needed After IMF Deal

Honduras Announces Bond Sale Not Needed After IMF Deal

Honduras is bucking a regional trend by scrapping earlier plans to sell global bonds after the nation reached an accord with the International Monetary Fund in December, President Juan Orlando Hernandez said. The $19 billion Central American economy, which has struggled with everything from coffee rust disease to gang violence, is strengthening and should be […]

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