| Description | Records of the Banco de Nicaragua and its successors, 1888-1945, comprising Managuan ledgers and journals of the Bank of Nicaragua, the London Bank of Central America, Corts Commercial and Banking Company, the Commercial Bank of Spanish America, the Anglo-South American Bank, and the Bank of London and South America; cash books of the Commercial Bank of Spanish America in Managua; journals of the Bank of Nicaragua in San Juan del Norte; and a ledger and journals from the Anglo-South American Bank in Granada. |
| AdminHistory | The Banco de Nicaragua was founded in Managua in 1888, and was engaged in financing the coffee trade. It had been endowed with the exclusive right of note issue in the country for twenty-five years by the government. When it was registered in England in 1893 it took the name of the London Bank of Central America. In 1904 the Bank was merged with the firm of Enrique Corts and Company and became the Corts Commercial and Banking Company. With the arrival of new directors to the board and the retirement of others, the name of the Bank was changed to the Commercial Bank of Spanish America in November 1911. In 1917 the Anglo-South American Bank bought out a majority of the shareholders and gained control of the Bank. In 1936 the Bank was taken over by the Bank of London and South America. |