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Ficohsa acquires Banco Americano of Guatemala

Thursday, November 10, 2011

The Honduran financial group Ficohsa agreed to acquire 90 percent of the stock of Guatemala-based Banco Americano.

The transaction is subject to approval by the Guatemalan banking regulator. Details of the transaction have not been released.

Ficohsa launched its international strategy with a representative office in the United States in 2001. Last year it launched operations in Panama.


Original source (in Spanish): La Tribuna