Bank of the Year Nicaragua

Bank of the Year Nicaragua

Corporate & Sovereign Strategy Bonds

Given its impressive results, it’s no surprise that Banco Lafise Bancentro has won LatinFinance’s Bank of the Year Nicaragua award for the second consecutive year. Lafise’s consolidated assets grew 5.5% from June 2014 to June 2015, while consolidated net profit spiked to $44.4 million, up 13.3% over 2014’s $32 million. The bank’s tier one capital ratios reached 8.62% at June 2015, up from 8.42% a year earlier. Given global changes to banking regulations and a volatile economic picture, the bank is maintaining a strong capital base and high profitability. “We keep a currency long position, which is our assets minus liabilities in foreign currency being greater than our assets minus

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