This is a list of banks in Nicaragua, including credit unions and other financial services companies that offer banking services and may be popularly referred to as "banks".
History The two first commercial banks in Nicaragua opened in 1888. The Bank of 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 () that went bankrupt for non-payment of their debtors.
In 1911, the Government of Nicaragua granted a concession to the investment bank Brown Bros. & Co. from New York in order to establish a banking corporation with shared ownership, both from the Republic of Nicaragua and the North American bankers, which would operate under the laws of the United States of America.
The following year, the National Bank of Nicaragua, Incorporated () opened its doors in the capital city of Managua. In addition to regular banking services, the National Bank of Nicaragua was the only bank authorised to issue banknotes for the Republic of Nicaragua.
List of banks
Central bank
Central Bank of Nicaragua
Government-owned banks
Banco de Fomento a la Producción (Produzcamos)
Commercial banks
BAC Credomatic Banco de la Producción Banco Lafise Bancentro Banco Avanz Banco de Finanzas (BDF)
Foreign banks
Banco Ficohsa, Honduras Banco Atlántida, Honduras
Defunct or merged or acquired banks
Banco del Café Citi, United States of America Banco Procredit, Germany BanCorp, Albanisa-owned bank that closed in 2019
Credit Unions and other Financial Institutions Caja Rural Nacional (CARUNA) Financiera FAMA
See also
Banking in Nicaragua
References