By Catracha Hondurena on October 14, 2011
citibank, credit agreement, fichosa, MSMEs, OPIC, united states
Financial News
The Honduras Bank Financiera Comercial, SA (Ficohsa) has signed a contract for resources to strengthen the development of micro small and medium enterprises (MSMEs) in Honduras. The contract (Credit Agreement) is worth U.S. $30,000,000.00 and was signed with Citibank, NA, under the guarantee of OPIC (Overseas Private Investment Corporation). OPIC is a government development agency […]
By Catracha Hondurena on October 4, 2011
banking, banks, fichosa, financial institutions, honduras, IFC
Financial News
Banco Financiera Comercial Hondurena, S.A. (Ficohsa), one of the leading commercial banks in Honduras, has signed agreements with IFC Capitalization Fund, to receive seventy million dollars in investments to support lending to small and medium enterprises in the country. IFC Capitalization Fund will invest $32 million in equity, and $38 million in subordinated debt, providing […]