Los Angeles Times (Sunday)

The country’s economy recovered to 12.5% growth in 2021 and is expected to grow by 3.5% in 2022 and 3.1% in 2023.

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In recent years, Honduras has recorded the second highest economic growth rates in Central America, second only to Panama and well above the average for Latin America and the Caribbean (LAC).

Honduras received 6,483.5 million dollars from its nationals abroad during the first nine months of the year, an increase of 20.4% over the same period of 2021, the Central Bank (BCH) reported on Monday. 84.3% of remittance­s were sent by Hondurans living in the United States.

For Luis Atala Corporate vice president of Ficohsa financial group

“Today we have presence in Guatemala, Nicaragua and Panama. In addition, we have a representa­tive office in the United States”.

We were born in 1991 as Financiera Comercial Hondureña S.A. on the initiative of a group of entreprene­urial, visionary businessme­n and with the conviction of the partners to continue investing in the country, which allowed the founding of Banco Ficohsa, S.A. on July 18, 1994.

At Grupo Financiero Ficohsa we have proven to be a point of support foundation of the group 28 years ago. Today, we continue working to profession­alize our focus on sustainabi­lity, with a deep work internally to co-create this culture of sustainabi­lity that characteri­zes us in Ficohsa and fills us with pride. From the environmen­tal point of view, we are the only group that formally measures the ecological footprint in Honduras and we became a signatory member of the United Nations Global Compact in 2018 in order to strengthen the commitment to address the social, economic and environmen­tal challenges of globalizat­ion, putting people, the planet, prosperity and peace at the center.

In CSR we work hand in hand with Fundación Ficohsa, which this year celebrates its 25th anniversar­y, and with other foundation­s such as Fundación Amigos del Hospital María, Fundación Hondufutur­o, Fundación Convive Mejor , Fundación Creciendo con Diabetes, Fundación CALI Honduras (Central America Leadership Initiative).

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