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HSBC El Salvador
Banco Davivienda El Salvador, established in 1885, is the third largest bank in El Salvador. , it had some 65 branches, 1,800 employees and $1.5 billion in assets. History In 1891 the bank, merged with the branch there of Anglo-South American Bank under the name Banco Salvadoreño (Bancosal). The bank came to an agreement with Banco Internacional de El Salvador, which had a 25-year monopoly on note issuance, so that it too could issue notes. The government of El Salvador nationalized the bank in 1980 as part of a blanket nationalization of financial institutions, but privatized the bank in 1993. In November 2006, HSBC acquired Grupo Banistmo (Banistmo), a Panamanian banking group that owned Panama's leading bank, Primer Banco del Istmo, and 106 other branches in Costa Rica, Honduras, Colombia and Nicaragua, as well as 56.2% of the holding company that owned Bancosal. The next year, HSBC extended two tender offers to acquire the remaining shares in the bank. The bank changed its ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
San Salvador
San Salvador (; ) is the capital and the largest city of El Salvador and its eponymous department. It is the country's political, cultural, educational and financial center. The Metropolitan Area of San Salvador, which comprises the capital itself and 13 of its municipalities, has a population of 2,404,097. The urban area of San Salvador has a population of 1,600,000 inhabitants. The city is home to the ''Consejo de Ministros de El Salvador'' (Council of Ministries of El Salvador), the Legislative Assembly of El Salvador, the Supreme Court of El Salvador, and other governmental institutions, as well as the official residence of the President of El Salvador. San Salvador is located in the Salvadoran highlands, surrounded by volcanoes and prone to earthquakes. The city is also home to the Roman Catholic Archdiocese of San Salvador, as well as many Protestant branches of Christianity, including Evangelicals, Latter-day Saints, Baptists, and Pentecostals. San Salvador has the se ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Grupo Banistmo
Grupo Banistmo was a Panamanian financial services company, and the largest in Central America. It was founded in 1984. In 1999 it began an expansion strategy that has resulted in the acquisition of banks in several Central American countries, as well as Colombia and the Bahamas. It was the holding company of Primer Banco del Istmo, S.A. or Banistmo, the largest bank in Panama. Its President and Chief Executive Officer was Alberto Vallarino. In November 2006 it was acquired by HSBC Holdings plc, and merged with HSBC Bank (Panama) S.A., the bank’s existing subsidiary in 2007. In 2013 Bancolombia Group acquired HSBC Panama and renamed it Banistmo. References See also *HSBC Mexico HSBC Holdings plc is a British multinational universal bank and financial services holding company. It is the largest bank in Europe by total assets ahead of BNP Paribas, with US$2.953 trillion as of December 2021. In 2021, HSBC had $10.8 tr ... {{HSBC Group Defunct banks Banks of Pana ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Nicaragua
Nicaragua (; ), officially the Republic of Nicaragua (), is the largest country in Central America, bordered by Honduras to the north, the Caribbean to the east, Costa Rica to the south, and the Pacific Ocean to the west. Managua is the country's capital and largest city. , it was estimated to be the second largest city in Central America. Nicaragua's multiethnic population of six million includes people of mestizo, indigenous, European and African heritage. The main language is Spanish. Indigenous tribes on the Mosquito Coast speak their own languages and English. Originally inhabited by various indigenous cultures since ancient times, the region was conquered by the Spanish Empire in the 16th century. Nicaragua gained independence from Spain in 1821. The Mosquito Coast followed a different historical path, being colonized by the English in the 17th century and later coming under British rule. It became an autonomous territory of Nicaragua in 1860 and its northernmost part ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Colombia
Colombia (, ; ), officially the Republic of Colombia, is a country in South America with insular regions in North America—near Nicaragua's Caribbean coast—as well as in the Pacific Ocean. The Colombian mainland is bordered by the Caribbean Sea to the north, Venezuela to the east and northeast, Brazil to the southeast, Ecuador and Peru to the south and southwest, the Pacific Ocean to the west, and Panama to the northwest. Colombia is divided into 32 departments and the Capital District of Bogotá, the country's largest city. It covers an area of 1,141,748 square kilometers (440,831 sq mi), and has a population of 52 million. Colombia's cultural heritage—including language, religion, cuisine, and art—reflects its history as a Spanish colony, fusing cultural elements brought by immigration from Europe and the Middle East, with those brought by enslaved Africans, as well as with those of the various Amerindian civilizations that predate colonization. Spanish is th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Honduras
Honduras, officially the Republic of Honduras, is a country in Central America. The republic of Honduras is bordered to the west by Guatemala, to the southwest by El Salvador, to the southeast by Nicaragua, to the south by the Pacific Ocean at the Gulf of Fonseca, and to the north by the Gulf of Honduras, a large inlet of the Caribbean Sea. Its capital and largest city is Tegucigalpa. Honduras was home to several important Mesoamerican cultures, most notably the Maya, before the Spanish Colonization in the sixteenth century. The Spanish introduced Catholicism and the now predominant Spanish language, along with numerous customs that have blended with the indigenous culture. Honduras became independent in 1821 and has since been a republic, although it has consistently endured much social strife and political instability, and remains one of the poorest countries in the Western Hemisphere. In 1960, the northern part of what was the Mosquito Coast was transferred from Nicara ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Costa Rica
Costa Rica (, ; ; literally "Rich Coast"), officially the Republic of Costa Rica ( es, República de Costa Rica), is a country in the Central American region of North America, bordered by Nicaragua to the north, the Caribbean Sea to the northeast, Panama to the southeast, the Pacific Ocean to the southwest, and Maritime boundary, maritime border with Ecuador to the south of Cocos Island. It has a population of around five million in a land area of . An estimated 333,980 people live in the capital and largest city, San José, Costa Rica, San José, with around two million people in the surrounding metropolitan area. The sovereign state is a Unitary state, unitary Presidential system, presidential Constitution of Costa Rica, constitutional republic. It has a long-standing and stable democracy and a highly educated workforce. The country spends roughly 6.9% of its budget (2016) on education, compared to a global average of 4.4%. Its economy, once heavily dependent on agricultu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Primer Banco Del Istmo
Banistmo is the largest bank in Panama and Central America. It was founded in 1984 as Primer Banco del Istmo before it became part of the HSBC Group following its former parent company, Grupo Banistmo's acquisition by HSBC in November 2006. It was the subsidiary of HSBC Bank (Panama) S.A. until it merged into HSBC Bank (Panama) in 2009. In 2013 Bancolombia Group acquired HSBC Panama and renamed it as Banistmo. See also *HSBC Mexico * HSBC Bank (Panama) *Alberto Vallarino Clement Alberto Vallarino Clément, (Panama City, April 2, 1951) engineer, businessman and president of Grupo VerdeAzul, S.A. since 2011. Biography Alberto Vallarino Clément was born in Panama City on April 2, 1951. He is the son of Mr. Alberto Vall ... References {{Reflist Banks of Panama HSBC acquisitions Companies based in Panama City ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Panama
Panama ( , ; es, link=no, Panamá ), officially the Republic of Panama ( es, República de Panamá), is a transcontinental country spanning the southern part of North America and the northern part of South America. It is bordered by Costa Rica to the west, Colombia to the southeast, the Caribbean Sea to the north, and the Pacific Ocean to the south. Its capital and largest city is Panama City, whose metropolitan area is home to nearly half the country's million people. Panama was inhabited by indigenous tribes before Spanish colonists arrived in the 16th century. It broke away from Spain in 1821 and joined the Republic of Gran Colombia, a union of Nueva Granada, Ecuador, and Venezuela. After Gran Colombia dissolved in 1831, Panama and Nueva Granada eventually became the Republic of Colombia. With the backing of the United States, Panama seceded from Colombia in 1903, allowing the construction of the Panama Canal to be completed by the United States Army Corps of En ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banco Internacional De El Salvador
Banco may refer to: Places * Banc (Barcelona Metro), also called Banco, a closed metro stop on the Barcelona metro * Banco, Virginia, an unincorporated community * Banco, West Virginia, an unincorporated community * Banco National Park, a national park in Côte d'Ivoire * Banko, Guinea, a town and sub-prefecture in the Dabola Prefecture in the Faranah Region * Banko, Mali, a rural commune and village in the Cercle of Dioïla in the Koulikoro Region * Banko, a town in the Sekyere Kumawu district og Ghaba Arts and architecture * ''Banco'' (Banco del Mutuo Soccorso album), 1975 album by Italian progressive rock band Banco del Mutuo Soccorso * ''Banco'' (Sir Michael Rocks album), 2014 album by American rapper Sir Michael Rocks * ''Banco'' (novel), 1972 autobiography by Henri Charrière * Banco architecture, a West African type of mudbrick, and the architecture made with it * Banco (building material); fermented mud; made by fermenting mud with rice husks * Banco (typeface), a deco ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
El Salvador
El Salvador (; , meaning " The Saviour"), officially the Republic of El Salvador ( es, República de El Salvador), is a country in Central America. It is bordered on the northeast by Honduras, on the northwest by Guatemala, and on the south by the Pacific Ocean. El Salvador's capital and largest city is San Salvador. The country's population in 2022 is estimated to be 6.5 million. Among the Mesoamerican nations that historically controlled the region are the Lenca (after 600 AD), the Mayans, and then the Cuzcatlecs. Archaeological monuments also suggest an early Olmec presence around the first millennium BC. In the beginning of the 16th century, the Spanish Empire conquered the Central American territory, incorporating it into the Viceroyalty of New Spain ruled from Mexico City. However the Viceroyalty of Mexico had little to no influence in the daily affairs of the isthmus, which was colonized in 1524. In 1609, the area was declared the Captaincy General of Guatemala by t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Anglo-South American Bank
The Anglo-South American Bank was a British and Argentine bank established with the acquisition of the Anglo-Argentine Bank in 1900 by the Bank of Tarapacá and London. The new bank first took the name of Bank of Tarapacá and Argentina, which it changed in 1907 to Anglo-South American Bank. History A partnership led by John Thomas North, a prominent British investor, became interested in Chile’s expanding nitrate industry, and founded the Bank of Tarapacá and London in 1888; Chile had annexed the Peruvian Province of Tarapacá in 1883, at the conclusion of the War of the Pacific. Later, the bank added the coffee and cocoa business to its interests. A part of the vast financial network supporting the British Empire, it was an overseas bank with its head office in London, and the bulk of its operations abroad. By the turn of the century, the bank was looking for opportunities outside Chile. It was interested in Buenos Aires, but four British banks were already there, which mea ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bank
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in the a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
