AWARDS: Bank of the Year Central America & Bank of the Year Honduras

AWARDS: Bank of the Year Central America & Bank of the Year Honduras

Corporate & Sovereign Strategy Central America Honduras

Grupo Financiero Ficohsa stands above all other banks in Honduras with almost 20% of the sector’s net assets and it continues to grow in Central America as a whole. The bank has incorporated Citi’s retail operations in Honduras and Nicaragua over the past year and a half, and also expanded its services in Panama. Ficohsa also commemorated 10 years of doing business in the US in 2016. Ficohsa’s dominant position in its home market and its commitment to keep expanding in the region make it the winner of LatinFinance’s Bank of the Year Honduras and Bank of the Year Central America awards for 2016. At the close of June, the Honduran branch had 68.6 billion lempiras ($2.96 billion) in total ass

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