Central Bank of Honduras.

The Central Bank of Honduras The Central Bank of Honduras (Spanish: Banco Central de Honduras) is the central bank of Honduras. See also

Economy of Honduras
Honduran lempira

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raised the minimum capital-reserve requirements applied to commercial banks, savings and loans and other financial institutions operating in the country by over one-third. The bank also raised minimum capital-reserve requirements for insurance and reinsurance The contract made between an insurance company and a third party to protect the insurance company from losses. The contract provides for the third party to pay for the loss sustained by the insurance company when the company makes a payment on the original contract. institutions by 20%. Honduran law requires the Central Bank to review reserve requirements Reserve Requirements

Requirements regarding the amount of funds that banks must hold in reserve against deposits made by their customers. This money must be in the bank's vaults or at the closest Federal Reserve Bank. every two years.

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Title Annotation:	Banking; minimum capital-reserve requirements
Publication:	Latin Trade
Article Type:	Brief Article
Geographic Code:	2HOND
Date:	Dec 1, 2004
Words:	55
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Topics:	Central banks Laws, regulations and rules Government financial institutions Standards

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