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Banco de la Producción

Nicaraguan bank From Wikipedia, the free encyclopedia

Banco de la Producción (BANPRO) is a bank in the city of Managua, Nicaragua.

FoundedManagua, Nicaragua (November 11, 1991 (1991-11-11))
Headquarters,
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Banco de la Producción
TypePrivate
IndustryFinancial services
FoundedManagua, Nicaragua (November 11, 1991 (1991-11-11))
Headquarters,
Products
RevenueDecrease US$ 5.203 million (2012)[1]
Total assetsDecrease US$ 1,496.2 million (2012)[1]
ParentGrupo Promerica
Websitewww.banpro.com.ni
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History

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.[2][3]

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