Honduras News Archives: central bank of honduras

President of BCH Announces IMF Visit

News on January 25, 2012 by Administrator| Comments Off
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President of the Central Bank of Honduras (BCH), María Elena Mondragón, announced that a mission from the International Monetary Fund (IMF), will arrive in Honduras next week. Ten days remain for assessing the compliance of INPREMA with the economic program of 2011, and initiating talks for the feasibility of signing a new agreement.

BCH President Mondragón explained, “the IMF mission arrives in the country next week to make the quarterly assessment of the ‘Stand By’ program we have subscribed to since October of 2010″. “It is a program of 18 months which ends in March, and they will be making an evaluation for the end of the 2011 year.”


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Posted in Financial News, Honduran Business - Economics

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Government Checks Must be Deposited

News on December 27, 2011 by Administrator| Comments Off
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Some paychecks this season, purportedly issued by the Government, will be rejected by tellers, warns the Executive Director the Honduran Association of Banking Institutions (Ahiba), María Lidia Soriano.

The Central Bank of Honduras (BCH) has warned of forgeries; consequently, the national banks have determined that the funds allegedly issued from the government must be deposited into an account, pending verification of the document.

“There are small, specific cases were some checks are circulating that are counterfeit,” said Soriano. Therefore, “The safest way is that they deposit it into their account.”

BCH will later determine if the check is fraudulent or real, and if valid, the funds will be credited to the client’s account.

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Honduras Figures Show Foreign Investment Increase

News on October 10, 2011 by gringa| Comments Off
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Foreign Direct Investment (FDI) in Honduras was at 485.7 million dollars during the first half of 2011, 14.74% more than the same period last year, according to preliminary figures released by the Central Bank of Honduras (BCH). That figure is higher than the amount that had been reached in the same period in 2010, by 62.4 million dollars, according to the bank.

Honduras’s economic recovery was boosted by coffee manufacturing, receiving 121.9 million dollars, 40.1% more than it took in the same period a year earlier.

Telecommunication activities such as satellite television, broadband internet and telephony project developments saw an investment of 132.6 million dollars, 27.3% of the total.

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