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Honduran Banking Group Acquires Citi’s Nicaraguan Unit

Honduran Banking Group Acquires Citi’s Nicaraguan Unit

By Narayan Ammachchi Grupo Financiero Ficohsa, the financial group of Honduran Capital with headquarters in Panama, has agreed to fully acquire Citibank’s consumer banking unit  in Nicaragua. Financial details of the deal have not been disclosed. This is the second ...

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Work on the Nicaragua Canal Set to Begin in December

Work on the Nicaragua Canal Set to Begin in December

By Narayan Ammachchi After a year of making preparations, Nicaragua has finally announced that it will soon begin construction of a major canal to link the Atlantic Ocean with the Pacific. Billed as the world’s biggest engineering project, the Nicaragua ...

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