Banco de la Producción

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Banco de la Producción
Type Private
Industry
Founded Managua, Nicaragua (November 11, 1991 (1991-11-11))
Headquarters Managua, Nicaragua
Products
Revenue Decrease US$ 5.203 million (2012)[1]
Total assets Decrease US$ 1,496.2 million (2012)[1]
Parent Grupo Promerica
Website http://www.banpro.com.ni/

Banco de la Producción, BANPRO is a bank in the city of Managua, Nicaragua.

History[edit]

BANPRO was founded as a private bank in 1991 in Managua, Nicaragua. During the Nicaraguan banking crisis (2000-2002), BANPRO assumed the performing loans in Banco Intercontinental's (INTERBANK) portfolio, while the Central Bank took over control of the nonperforming loans.[2][3]

References[edit]