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BAC Credomatic is a financial group in Central America, with operations in Guatemala, El Salvador, Honduras, Nicaragua (where it was founded and former headquarters in the city of Managua), Costa Rica (current headquarters), Panama, Grand Cayman, The Bahamas, and the United States.
Operations in Peru acquired by Banco de Credito del Peru (Santander returns to Peru in 2007) BankBoston Peruvian operations acquired by Banco de Credito del Peru; Banco de Lima Sudameris Merged with Banco Wiese and rebranded as Banco Wiese Sudameris; NBK Bank; Banco del Pais; Banco Republica; Bancosur
Banco de Costa Rica (BCR) is a state-owned commercial bank that operates in Costa Rica. With an equity of $806,606,710 [ 1 ] and assets of $7,607,483,881, [ 1 ] the bank has established itself as one of the strongest banking companies in both Costa Rica and Central America .
By 1917, the bank had changed its name to Nonell Hermanos, and in the 1920s, it was further rebranded as Banca Nonell. In 1946, Claudio Güell y Churruca, the Count of Ruiseñada, took control of the bank and renamed it Banco Atlántico. In 1961, the descendants of Güell sold their shares to a new group of investors.
Banco Nacional de Costa Rica or BNCR is the largest commercial bank in Costa Rica and the second largest in Central America by assets.. It has a 49% stake in Banco de Costa Rica International Limited (BICSA), incorporated with the Republic of Panama entity, and 100% of the shares of BN-Securities (Stock Exchange Market), BN-Vital (Operator owner pension fund), BN-SAFI (Mutual Funds) and BN ...
Similar to other Central Banks in the world, the functions of Central Bank of Costa Rica include providing banking services to the Government of Costa Rica and financial institutions, issuing the domestic currency, regulating commercial banks and other financial institutions, providing economic advice to the Government, conducting research and ...
In Spain, the DUB's operations were expropriated in 1948 and renamed Banco Comercial Transatlántico (lit. ' Transatlantic Trade Bank ' , BCT) in 1950. Deutsche Bank gradually rejoined BCT as a shareholder, with a 10 percent stake in 1957 growing to 25 percent in 1971 [ 1 ] until regaining majority control of BCT in 1989 and renaming it ...
In 1978, on the occasion of the centennial of Banco de Costa Rica, the Central Bank put on circulation a limited number of banknotes printed by Thomas de La Rue, London, with a commemorative inscription on the reverse which reads “1877–CENTENARIO BANCO DE COSTA RICA–1977”, eliminated in the next series.