Friday, April 26, 2024

Logo Central America Link

Guatemalan banks finance major tourism projects in Honduras. Los Micos Beach and Golf Resort and Pristine Bay Resort, Golf and Spa

Wednesday, September 21, 2011


Guatemalan banks have played a major role in syndicated loans for two leading Honduran tourism developments, at Bahía de Tela on the island of Roatán.

Banrural is taking a part of the $24 million financing of the second stage of Los Micos Beach & Golf Resort at Bahía de Tela, a luxury public-private development.

In addition, Mercom Bank, an offshore unit of the Agromercantil group joined the Honduran bank Ficohsa in a $2.5 million loan for Pristine Bay Resort, Golf & Spa, on Roatán.



Original source: El Periódico