Banking / Investment in Haiti
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HAITI, 2014/05/26
The World Bank says nearly 35,000 residents from localities in the north of Haiti will benefit from new infrastructure, economic opportunities and support to cultural events as a result of a US$45 million grant for tourism development.
The Washington-based financial institution said that the project aims at improving access, conservation and management of the World Heritage Site of the National Historic Park and the historic center of Cap Haitien, inclunding establishing new destinations for travelers.
The bank said northern Haiti has strong potential for regional development through tourism with its World Heritage sites and natural assets, stating that the National Historic Park has attracted additional than 30,000 visitors in 2013.
It noted the tourist stopover of Labadie, where the ships of Royal Caribbean Cruise Line are anchoring off the same coast where Christopher Columbus’ ship landed in 1492.
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ARGENTINA, 2013/03/13
While Panama's banks held their lead as the biggest banks in Central America, Nicaragua steamed ahead in terms of return on capital and return on assets. HSBC remains the leader of The Banker’s Central American rankings with a Tier 1 capital up by 8.38% to $1.23bn in 2011, the last available financial year.
