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Citigroup Expands Central American Operations by Acquiring Grupo Cuscatlan.
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Business Wire; Dec 13, 2006; 700+ Words
...subsidiaries of Grupo Cuscatlan from Corporacion UBC Internacional S.A., the subsidiaries...cash and stock. Grupo Cuscatlan, with operations in El Salvador, Guatemala, Costa Rica...Citigroup will acquire Grupo Cuscatlan's banking and financial...
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Popular, Inc. and Grupo Cuscatlan Sign Investment Agreement.
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PR Newswire; Apr 25, 2005; 700+ Words
...PRNewswire-FirstCall/ -- Grupo Cuscatlan, through Corporacion UBC Internacional, S.A., and Popular...participation in UBCI, Grupo Cuscatlan's holding company...once again, the trust Grupo Cuscatlan's business plan generates...
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Banco Popular Inc. to Be Important Investor in UBCI, S.A, Holding Company of Cuscatlan Group.
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Business Wire; Jul 11, 2005; 700+ Words
...Cuscatlan, S.A. (El Salvador), Corporacion Accionaria UBC, S.A. (Costa Rica), Grupo Cuscatlan Guatemala, S.A. (Guatemala), Grupo Cuscatlan Panama, S.A. (Panama), Banco Cuscatlan Honduras, S.A. (Honduras), and a minor banking...
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Citi Finalizes Acquisition of Grupo Cuscatlan in Central America.
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Business Wire; May 14, 2007; 700+ Words
...December 13, 2006, Citi acquired Grupo Cuscatlan's banking operations, some of its...in cash and Citigroup stock. Grupo Cuscatlan is one of the leading financial...with operations in El Salvador, Guatemala, Costa Rica, Honduras and Panama...
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Popular Inc. buys shares of Grupo Cuscatlan.(Brief Article)
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Caribbean Update; Jun 1, 2005; 700+ Words
...Popular, Inc.'s processing and...Rico, the U.S., the Caribbean...Latin America. Grupo Cuscatlan is a Central...El Salvador, Guatemala, Costa Rica...dealer in the U.S. Details...Communications, Grupo Cuscatlan. Tel: 503...
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Fitch Rates Cuscatlan Remittance Master Trust Series 2004 'BBB'.
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Business Wire; Jun 28, 2004; 700+ Words
...within the U.S. to Banco Cuscatlan. The program benefits...Banco Cuscatlan de Guatemala, and worker remittances...shareholders being Grupo SISA, a prominent...insurance group, and Grupo Bahaia, a local...regarding Banco Cuscatlan S.A., please...
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Fitch Rates Cuscatlan Remittance Master Trust Series 2003 'AAA'.
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Business Wire; Aug 26, 2003; 700+ Words
...within the U.S. to Banco Cuscatlan de El Salvador...Banco Cuscatlan de Guatemala, and worker remittances...shareholders being Grupo SISA, a prominent...insurance group, and Grupo Bahaia, a local...regarding Banco Cuscatlan S.A., please...
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Americas: Guatemala - Time To Consolidate - Guatemala's Growing Banking Sector Needs To Consolidate To Remain Competitive, Especially As Foreign Banks Are Eyeing Up The Country.
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The Banker; Mar 1, 2006; ; 700+ Words
...paid $500m for a 49.9% stake in Panama's BAC International Bank, which operates throughout...tough. In 2004, attempts by El Salvador's Grupo Cuscatlan to acquire Banco del Cafe, Guatemala's third- largest bank, fizzled out over a high...
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Fitch Takes Actions on National Scale Ratings in Latin America.
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Business Wire; Jan 31, 2005; 700+ Words
...Arrendadora Agil, S.A. de C.V. (Mexico...Banco Industrial (Guatemala) -- National scale...gtm)' assigned. Grupo Financiero Cuscatlan (Guatemala) -- National scale...Aseguradora Popular, S.A. (El Salvador...
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Transaction Will Add More Than One Million Clients and Expand Regional Distribution Network.
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M2 Presswire; Dec 15, 2006; 700+ Words
...subsidiaries of Grupo Cuscatlan from Corporacion UBC Internacional S.A., the subsidiaries...cash and stock. Grupo Cuscatlan, with operations in El Salvador, Guatemala, Costa Rica...Citigroup will acquire Grupo Cuscatlan's banking and financial...
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Small is beautiful.
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Latin Trade; Apr 1, 2007; 664 Words
...with the U.S. edges toward...buying Panama's Grupo Banistmo in...781 Grupo Cuscatlan El Salvador...de Occidente Guatemala N/A Banco...Banco del Cafe Guatemala N/A Grupo Financiero Uno...Kingdom Grupo Cuscatlan Citigroup United...
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Panama leads the way.
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The Banker; Nov 1, 2009; ; 700+ Words
...connections of the region's economies to the...many of the region's banks service in...in El Salvador and Guatemala. The latter is the...one of the area's poorest countries...countries by buying Grupo Financiero Uno and Grupo Cuscatlan in 2006 has brought...
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Popular Hopes Processing Deal Leads to Still More.
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American Banker; May 2, 2005; ; 700+ Words
...major payment network. Grupo Cuscatlan has more than $4.4...offices, in El Salvador, Guatemala, Costa Rica, Honduras...processing transactions for Grupo Cuscatlan sometime before yearend...contribute to Evertec's volume, which in 2004...
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Fitch Central America: Banking Outlook - New Players in the Field.
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Business Wire; Nov 29, 2007; 700+ Words
...attracted by the region's significant growth...2007, the country's major players Banco...Agricola (BA), Banco Cuscatlan (which also operates in Guatemala, Honduras, Costa...the acquisition of Grupo Banistmo), respectively...of the industry's total assets. The...
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Americas: Top 100 Banks In Central America - Consolidation Fervour Goes On - M&As Have Further Cut The Number Of Rankable Entries In Our Listing, Which Remains Dominated By Panama.
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The Banker; Mar 1, 2007; 700+ Words
...largest bank in Guatemala. Further, in January...ranked 14th in Guatemala in our listing...profit. Panama's Corporacion UBC...Colombia respectively. Guatemala has the second largest...Citigroup acquired Grupo Financiero Uno...the region and the Cuscatlan bank group, which...
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Bull run: Latin American capital markets are awash with money, some for the first time in a long time.(OUTLOOK)
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Latin Trade; Apr 1, 2005; ; 700+ Words
...Brazilian and U.S. markets last year...economies. Banco Cuscatlan, a Salvadoran financial...Rica, El Salvador, Guatemala and Honduras. Looking...president of Banco Cuscatlan. The bank is traded...tools of choice. Grupo Televisa, a Mexican...equity on Spain's Latibex, but the...
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Growth formula: foreign superbanks look for new opportunities as free trade kicks into high gear.
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Latin Trade; Sep 1, 2005; ; 700+ Words
...living in the world's largest economy...profitability comes rise It's a matter of knowing...Nicaragua, Panama, Guatemala, Honduras, El Salvador...Guadalajara, Mexico. BAC's assets include $1...international groups, like Grupo Financiero Popular...institution Union de Bancos Cuscatlan ...
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Americas: Central America - Upheavals Whet Big Banks' Appetites - Banking Consolidation, International Investment And The New Regional Free Trade Agreement Are Attracting The Attention Of Big Hungry Banks Looking For An Acquisition. Brian Caplen Reports.
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The Banker; Sep 1, 2006; ; 700+ Words
...place at Interfin's headquarters in San...in the country's banking system was...the exception of Guatemala, had populations...agreed to buy Panama's largest banking group, Grupo Banistmo, for...there is Banco Cuscatlan from El Salvador...
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