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Foreign Banks Interested In Opening Branch Offices In Nicaragua

ISSN:1089-1560
LADB Article ID: 063720
Category/Department: General
Date: Friday, December 6, 1991
By: Deborah Tyroler

On Dec. 4, Central Bank president Raul Lacayo told reporters that the US-based Citibank and several other foreign banks are interested in opening branches in Nicaragua. In the 1980s, the Nicaraguan banking system was entirely state-owned. Since ...

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