BANADESA

{{Infobox company | name = BANADESA | logo = | type = State-owned enterprise | industry = Financial services | founded = {{Start date and age|1950|2|16}} | hq_location_city = Tegucigalpa | hq_location_country = Honduras | key_people = Carlos Noé Ramírez (CEO) | products = development bank | owner = Government of Honduras | num_employees = | num_employees_year = | website = {{URL|http://www.banadesa.hn}} }}

'''BANADESA''', or the '''National Bank for Agricultural Development''' ({{langx|es|Banco Nacional de Desarrollo Agrícola}}), is a financial development bank in Honduras.

It is an autonomous institution of the State of Honduras and its aims are to promote development in the country and provide access to credit for entrepreneurs and livestock and cattle farming, among others.

==History== It was founded on February 16, 1950, under the name ''BANAFOM'' or ''National Development Bank of Honduras'' ({{langx|es|Banco Nacional de Fomento de Honduras}}) and opened on the first of July of the same year.<ref>[http://www.banadesa.hn/historia.html Historia. Publicado por el banco mismo]</ref>

In the 1980s it was renamed BANADESA through Decree No. 903 dated 24 March 1980. Honduran president Juan Orlando Hernández appointed Carlos Noe Ramirez as the new manager in August 2015.<ref>[http://www.laprensa.hn/economia/870791-410/presidente-de-honduras-nombra-a-gerente-de-banadesa Presidente de Honduras nombra a gerente de Banadesa]</ref><ref>[http://www.elheraldo.hn/economia/877033-216/carlos-no%C3%A9-ram%C3%ADrez-capitalizar%C3%A1n-a-banadesa-con-500-millones-de-lempiras Carlos Noé Ramírez: Capitalizarán a Banadesa con 500 millones de lempiras]</ref>

==References== {{reflist}}

Category:Economy of Honduras Category:Banks of Honduras Category:Banks established in 1950 Category:1950 establishments in Honduras