Wednesday, July 24

Camilo Atala Faraj leader of the Honduran banking sector

Camilo Atala Faraj, Executive President of Ficohsa Financial Group, as a man of extensive knowledge, believes that the future of the country and his sector are projected optimistically with broad prospects. As one of the most profitable bankers in Central America and leader of the Honduran banking sector, he will ensure that an appropriate image of entrepreneurial work and the role of a businessman is established in the community.

Atala Faraj started in the banking business at a very young age, after finishing his degree in business administration at Texas Tech University in 1986. He founded his own company «La Financiera Comercial Hondureña», today Banco Ficohsa.

He believes that the region faces the challenge of improving growth with sustainability, which allows a better living condition for the community. «Latin America has achieved a better economic and social performance, without having fallen into extreme situations as other regions of the world,» he explained.

Camilo Atala Faraj: Natural resources must be used more efficiently.

For the banker, the challenge facing the region is to make more efficient use of natural resources and ensure that the benefits of growth reach all participants in the effort.

The businessman considers that the country has been consolidating in the search for sustained growth; therefore, it is necessary to take advantage of the windows of opportunity that are opening up.

New provisions are in place to stimulate investment.

With innovative thinking, Camilo Atala Faraj is aware that there are new provisions to stimulate investment and a public and private sector that are committed to the effort to improve the country’s economic and social conditions.

The Ficohsa Foundation is an institution that focuses its efforts on supporting preschool education for children living in rural and marginalized areas of Honduras. It currently supports 140 preschool centers in 19 cities in Honduras, 2 centers in Panama and 2 centers in Guatemala.