Banco Ficohsa acquires Citibank Honduras
Honduras's Banco Ficohsa reached an agreement to acquire Citibank Honduras and Cititarjetas.
The acquisition makes Ficohsa the largest bank in Honduras, with a net worth of $339 million and $2.77 billion in assets.
"We see a long-term future in Honduras as part of our goal to continue growing and consolidating our business in Central America,” said Camilo Atala, Grupo Financiero Ficohsa’s President.
Source (in Spanish): El Heraldo