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Banco de la Producción

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Banco de la Producción
Company typePrivate
IndustryFinancial services
FoundedManagua, Nicaragua (November 11, 1991 (1991-11-11))
Headquarters
Managua
,
Nicaragua
Products
RevenueDecrease US$ 5.203 million (2012)[1]
Total assetsDecrease US$ 1,496.2 million (2012)[1]
ParentGrupo Promerica
Websitewww.banpro.com.ni

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

History

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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

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  1. ^ a b "Acerca de BANPRO". Retrieved Aug 31, 2013.
  2. ^ The crash before the crash
  3. ^ Nicaragua - Banking and securities
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