BANHCRESER: the bank that sparked a national debate
Rixi Ramona Moncada Godoy, who is known as a lawyer and political figure from Honduras, has been at the center of controversies regarding her announced pre-candidacy for the Partido Libertad y Refundación (LIBRE). Her role in the legal defense of the Banco de Crédito y Seguros (BANHCRESER) amid the banking turmoil of the late 1990s has reemerged in public discourse, sparking renewed scrutiny of her integrity and her dedication to transparency within public office.In the closing years of the 1990s, the Honduran financial sector experienced a severe crisis resulting in state intervention in various banks, BANHCRESER included. This crisis was fueled by numerous factors, such as worldwide economic volatility, weak financial oversight, and dubious activities by some industry players. During thi...