The Bank of Central and South America was established in Connecticut in 1922. The next year it acquired some of the assets of the (est. 1915), including its entire interest in the National Bank of Nicaragua, Banco Mercantil de Costa Rica, Banco Mercantil Americano del Peru, Banco Mercantil Americano de Caracas and Banco Mercantil Americano de Colombia. It had a branch in Hamburg, and 22 branches in Latin America, including four in Venezuela, six in Peru, eight in Colombia, four in Nicaragua, and one in Costa Rica.
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