Thursday, May 9, 2024

Financial

Financial

Nicaragua’s Economic Growth – Could be above 4%

Speaking at a meeting of the Production, Trade and Consumption System (Sistema de Producción, Comercio y Consumo), Iván Acosta, the Minister of Finance and...

Nicaragua is Regulating Virtual Assets – Such as Bitcoins

In order to comply with the Financial Action Task Force (FATF) and various international credit rating agencies, Nicaragua is regulating virtual assets with new...

Nicaragua’s GDP to Grow 3.7% in 2021 – FUNIDES

After a three year period in the red, FUNIDES (the Nicaraguan Foundation for Economic and Social Development) is forecasting Nicaragua's GDP to grow by...

Remittances to Nicaragua up almost 18% in Q1 of 2021

Remittances to Nicaragua (money sent home by those living and working abroad) totaled US $500.4 million in the first three months of this year,...

World Bank to CA – “Improve Productivity and Grow”

WASHINGTON, D.C., April 26th, 2021 - A new report by the World Bank studied growth factors, constraints, and opportunities for each of the countries...

Banpro Digital Strategy Paying Dividends

The Banpro digital strategy recognized that the Covid-19 Pandemic had accelerated the trend towards digitization in the financial services sector. Banpro Grupo Promerica says they...

Nicaraguan Financial Institutions Report 2020 Deposits Up 21%

This week, the National Assembly of the Republic of Nicaragua was presented with the Annual Management Report for 2020 from the governing body of...

Canasta Básica in Nicaragua – Basic (Food) Basket

The Canasta Básica in Nicaragua or Basic (Food) Basket often comes up when reading anything about the cost of living or minimum wage. The basic...

Money Transfers to Nicaragua Increase in 2021

The stream of Remittance money by money transfers to Nicaragua continues to flow into Nicaragua. The first two months of 2021 show a 9.4%...

Remesas – Remittances to Nicaragua Top US $1.85 Billion

With the December 2020 numbers now in, statistics from the Central Bank of Bank of Nicaragua (Banco Central de Nicaragua or BCN by its...