Banco Davivienda Honduras
 | |
 Headquarters of the Bank | |
| Type | Subsidiary |
|---|---|
| Industry | Financial services |
| Founded | 2012 |
| Headquarters | , |
Number of locations | 49 (2025) |
Area served | Honduras |
Key people | Gustavo Raudales[1] (CEO) |
| Total assets | USD 2,44 billion (2025)[2] |
Number of employees | 1269 (2025) |
| Parent | Davivienda |
| Website | www |
Banco Davivienda Honduras, is a major Honduran bank and subsidiary of Colombian bank Davivienda, It has a network of approximately 46 branches and serves almost half million customers nationwide.[3]
History
[edit]The oldest corporate branch of what is today Davivienda Honduras began on January 17, 1917, with the founding of El Ahorro Hondureño, Compañía Centroamericana de Seguros y Caja de Ahorros. It was the first insurance company in Honduras and the second in Central America. Because banking regulations were virtually non-existent at the time, El Ahorro Hondureño naturally began operating commercial savings programs. In 1969, transitioned into a commercial bank under the name Banco la Capitalizadora Hondureña S.A. (BANCAHSA).[4]
In 2000, a massive consolidation milestone, sister banks BANCAHSA and Bancahorro merged to form Banco Grupo El Ahorro Hondureño, S.A. (known widely as Banco BGA),[5]
In 2002, Seeking regional scaling, the majority shareholders of BGA sold the financial group to Panama-based Grupo Banistmo, the largest financial group in Central America at the time. The bank kept the BGA brand but integrated regional tech.[6]
In 2006, Global banking giant HSBC bought Grupo Banistmo for $1.77 billion. By 2007, the old BGA offices across Honduras were rebranded with the red-and-white HSBC hexagon, turning the operation into a global subsidiary.[7]
In January 2012, Davivienda purchased the Costa Rica, El Salvador, and Honduras operations of HSBC for roughly US$ 801 million.[8]
In 2023, the parent company established Holding Davivienda Internacional. based in Panama to structurally unite and manage its Central American subsidiaries (Costa Rica, El Salvador, and Honduras).[9]
See also
[edit]References
[edit]- ↑ "Grupo Davivienda dona L3.5 millones en víveres para afectados por la crisis del coronavirus". Proceso Digital (in Spanish). 2020-05-01.
- ↑ "Banco Davivienda Honduras - Fitch Ratings". Fitch Ratings. 2025-08-26.
- ↑ "Davivienda presenta Informe Anual 2025: "Innovamos para la transformación y el crecimiento de los países"". Hondudiario (in Spanish). 2026-04-28.
- ↑ "Historia del Banco Davivienda en Honduras". Davivienda (in Spanish).
- ↑ "Banistmo gana $36 millones". La Prensa (in Spanish).
- ↑ "Análisis de riesgo del Banco del ahorro Hondureño". Fitch Ratings (in Spanish).
- ↑ "HSBC compra el Banistmo". La Prensa (in Spanish). 2006-07-22. Retrieved 2026-05-19.
- ↑ Werdigier, Julia (2012-01-24). "HSBC Sells Latin American Businesses". DealBook.
- ↑ "La nueva holding de Davivienda en Centroamérica servirá para organizar sus filiales". La República (in Spanish). 2023-08-17.
