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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.
Date: 2 September 2011: Source: Own work; Topographic and bathymetry data: NGDC-NOAA ETOPO1 (public domain) edited with Quantum GIS and vectorized with Inkscape;; Boundaries: Image:Mexico location map.svg created by NordNordWest (cc-by-3.0).
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.
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CABEI is a multilateral development bank whose mission is to promote the economic integration and the balanced economic and social development of the Central American region, which includes the founding countries and the non-founding regional countries, attending and aligning itself with the interests of all of its member countries.