Nicaragua Considers Increased State Control Over Private Banks

Reported about 20 hours ago

Nicaragua's legislature is poised to vote on a significant bill that would enable the state to control the leadership appointments of private banks. Proposed by President Daniel Ortega, the bill would empower the national banking regulator to name executives and potentially dissolve banks, further tightening state influence over the banking sector amid existing sanctions on several Ortega administration officials for human rights violations.

Source: YAHOO

View details

You may also interested in these wikis

Back to all Wikis