Tag: Rural Savings Banks

Honduras' financial system is made up of regulated institutions, both public and private. Rural savings banks, which fall under the unregulated sector, represent the largest number of entities in this system. Honduras: These organizations initially emerged from projects promoted by the government or international partners through development NGOs and municipalities. According to current legislation, the rural savings bank system consists of a Regulatory Commission, a Central Bank, the rural savings banks themselves, and a unit for advisory and promotion services. Rural savings …