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2 clusters · 3 sources · 14 days · First seen · Last updated
Honduras financial and credit evaluations
Overview
Honduras is undergoing several high-level financial and economic evaluations. The country has entered an 18-month mutual evaluation by the Financial Action Task Force for Latin America (GAFILAT) to assess compliance with anti-money laundering and counter-terrorist financing recommendations. This review aims to determine if Honduras remains off the FATF ‘grey list,’ a status that could impact foreign investment and transaction costs.
Simultaneously, Standard & Poor's Global Ratings (S&P) is conducting a sovereign credit review. The evaluation involves meetings with government officials, including President Nasry Asfura, to assess institutional governance, economic conditions, fiscal status, and monetary policy. This review follows a previous update in March that shifted the country’s outlook from negative to stable, maintaining long- and short-term sovereign ratings at ‘BB-/B’.
Entities
Honduras · Nasry Asfura · Secretaría de Finanzas · Standard & Poor's Global Ratings · Grupo Ficohsa
Timeline
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11 days ago
[BUSINESS] 3 sourcesStandard & Poor's conducts sovereign credit review in HondurasStandard & Poor's is conducting a two-day review of Honduras's economic and fiscal conditions to update its sovereign credit rating, focusing on governance, debt, and monetary policy.
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25 days ago
[BUSINESS] 2 sourcesHonduras Undergoes GAFILAT Review to Avoid Grey List as Central America Pushes Financial TransparencyHonduras starts an 18‑month GAFILAT review to stay off the FATF grey list, while Grupo Ficohsa urges broader transparency and sustainability in Central America’s financial sector.
Sources
confidencialhn.com · dinero.hn · hondudiario.com