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Ficohsa gets green light to buy Citi’s Nicaragua unit

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Deal includes Citibank and Cititarjetas de Nicaragua Honduras-based Grupo Financiero Ficohsa has received regulatory approval from Nicaragua’s Superintendency of Banks and Other Financial Institutions and from the Superintendency of Banks of Panama to acquire all shares of two Citibank units: Banco Citibank de Nicaragua, and its card business Cititarjetas de Nicaragua. The acquisition will be […]
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