Ficohsa eyes further acquisitions

Ficohsa eyes further acquisitions

M&A

Honduran lender Banco Ficohsa is considering further acquisitions in Central America after closing the purchase of Citibank’s consumer banking business in the country last week. “Our goal is to continue growing with regional acquisitions,” said Camilo Atala, president of Grupo Financiero Ficohsa. “We already have a presence in Guatemala and Panama. The idea is to keep expanding into other countries in the region.” Ficohsa has become the largest bank in Honduras after the acquisition of the Citi’

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