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The two first commercial banks in Nicaragua opened in 1888. The Bank of Nicaragua (Spanish: Banco de Nicaragua), later rebranded as the Bank of Nicaragua Limited, headquartered in London and then merged with the London Limited Bank of Central America, and the Mercantil Agricultural Bank (Spanish: Banco Agrícola Mercantil) that went bankrupt for non-payment of their debtors.
The Inter-American Development Bank (IDB) was instrumental in restructuring Nicaragua's technically bankrupt banking sector. [1] In December 1991, the IDB approved a US$3 million technical cooperation grant to restructure the Central Bank, and in March 1992, it approved a US$3 million loan to a new commercial bank, the Mercantile Bank (Banco Mercantil). [1]
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Download as PDF; Printable version; In other projects Wikidata item; Appearance. move to sidebar hide. ... Banking in Nicaragua (1 C, 1 P) T. Banking in Trinidad and ...
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Download QR code; Print/export Download as PDF; Printable version; In other projects ... Banking in Nicaragua (1 C, 1 P) F. Financial services companies of Nicaragua ...
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