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The institution has also faced criticism over a 2011 $70m investment to Banco Ficohsa, Honduras' largest bank, with critics stating that the money would be indirectly supplied to Dinant. [ 5 ] [ 6 ] In a December 2013 audit the IFC's ombudsman found that the institution did not perform due diligence when examining the potential social and ...
Honduras spans about 112,492 km 2 and has a population exceeding 8 million. Its northern portions are part of the Western Caribbean Zone , as reflected in the area's demographics and culture. Honduras is known for its rich natural resources, including minerals , coffee , tropical fruit , and sugar cane , as well as for its growing textiles ...
The bank was founded on September 1, 1951 in the city of Santa Rosa de Copan, by Manuel Bueso Pineda and Jorge Bueso Arias and previously authorized by the Executive Branch of Honduras on 30 August 1951 by resolution No. 500 of the Secretariat of Finance and Public Credit.
Honduras, officially the Republic of Honduras, is a country in Central America. It 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 .
The Bank of Honduras and the Banco Atlantida issued the first lempira banknotes in 1932. They were in denominations of 1, 2, 5, 10 and 20 lempiras. The Central Bank of Honduras took over production of paper money in 1950, introducing 50 and 100 lempiras notes in 1950, followed by the 500-lempiras note in 1995.
Francisco Morazán (Spanish pronunciation: [fɾanˈsisko moɾaˈsan], abbreviated FMO) is one of the departments of Honduras. It is located in the central part of the nation. The departmental capital is Tegucigalpa , which is also Honduras's national capital.
the MAYA-1 linking the US, Mexico, Cayman Islands, Honduras, Costa Rica, Panama, and Colombia. Hondutel, created in 1976, is the state owned telecommunications company in Honduras. [7] The first cellular company in Honduras, Celtel (now Tigo), started operations in 1996.
According to the 1982 Constitution of Honduras, the Government of Honduras consists of three branches: Executive, Legislative and Judicial. The president is the head of the Executive branch, their primary duty being to "execute and enforce the Constitution, treaties and conventions, laws and other legal dispositions".