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Third-largest bank BHD has entirely bought out the fifth biggest Banco Leon

Santo Domingo.- BHD bank president Luis Molina Achecar on Wednesday confirmed the acquisition of Banco Leon.

The country’s third-largest bank BHD, has entirely bought out the fifth biggest -Banco Leon-  a deal which according to local media “strengthens its position in the Dominican Republic’s financial market.”

The online magazine economic “Banca” reports that the BHD will host a Christmas luncheon for the economic press Wednesday, “to disclose important statements.”

BHD president Luis Molina Achecar will head the meeting with journalists and reporters who cover the financial area, local news source reports.

Source: DT

Category: DR News |

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Last updated March 22, 2017 at 1:17 AM
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