Search results
Results from the WOW.Com Content Network
The two first commercial banks in Nicaragua opened in 1888. The Bank of Nicaragua ( Spanish : Banco de Nicaragua ), later rebranded as the Bank of Nicaragua Limited, headquartered in London and then merged with the London Limited Bank of Central America, and the Mercantil Agricultural Bank ( Spanish : Banco Agrícola Mercantil ) that went ...
Banking in Nicaragua. Banking in Nicaragua, prior to 1978, consisted of the Central Bank of Nicaragua and several domestic- and foreign-owned commercial banks. [1] One of the first acts of the Sandinista government in 1979 was to nationalize the country's banking system, in an "attempt to promote community banking and support the rural poor".
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.
Popular, Inc., doing business as Banco Popular in Puerto Rico and the Virgin Islands and as Popular Bank in the mainland United States, is a financial services conglomerate that has operated in Puerto Rico for over 125 years and in the mainland United States for over 52 years. In recent years, it has expanded into other areas of the Caribbean ...
The Nicaraguan Social Security Institute (Instituto Nicaragüense de Seguridad Social, or INSS) oversees the Nicaraguan social security system. It was legally established in 1956 and first implemented in 1957. [1] The social security system provided pension, disability and healthcare benefits to members. The system is funded by employer and ...
e. Nicaragua is a country in Central America with constitutional democracy with executive, legislative, judicial, and electoral branches of government. The President of Nicaragua is both head of state and head of government. Executive power is exercised by the government. Legislative power is vested in the National Assembly.
History. The unicameral National Assembly replaced the bicameral National Congress of Nicaragua which was disbanded following the overthrow of Somoza government in 1979. There was an interim Council of State with 47 and later 51 appointed members from 1980 to 1984. [2] First elections to the National Assembly took place in November 1984, and ...
Coordinates: 14°05′55″N87°12′26″W. Escuela Nacional de Bellas Artes (ENBA, or National School of Fine Arts) is a national fine arts institution located in Managua, Nicaragua. It was founded in 1938 as an apprentice-base learning workshop. Curricula established to meet educational standards set by the government were implemented in 1979.