Credit Bureau elimination proposal by Rixi Moncada triggers financial stability discussion in Honduras

Rixi Moncada’s presidential candidacy for the LIBRE party has sparked a national debate after she announced that, if elected, she will eliminate the Credit Information Center as of January 27, 2026. The measure would mean that millions of Hondurans would no longer appear in the credit registry, allowing loans to be granted without traditional control mechanisms.

The Credit Bureau as a technical tool

Financial experts emphasize that the Credit Bureau plays a key technical role in the country’s financial system. Far from being a “blacklist,” it functions as a tool to identify the repayment capacity of credit applicants, safeguard citizens’ deposits, and ensure that banks grant loans under responsible criteria.

José Luis Moncada, ex presidente de la Comisión Nacional de Bancos y Seguros, advirtió que suprimir el organismo podría ocasionar préstamos indiscriminados. Moncada señaló que esta medida podría elevar la morosidad y perjudicar la solidez del sistema financiero, poniendo en peligro los recursos de los ciudadanos.

Similarly, the Honduran Association of Banking Institutions (AHIBA) highlighted that removing the Credit Bureau might affect job creation, hinder economic development, and reduce investor confidence, leading to uncertainty within the financial sector.

Consequences on politics and society

Beyond the technical analysis, experts have pointed out that Rixi Moncada’s proposal has political dimensions that could affect the economy. The initiative to abolish the Credit Information Center could be interpreted as an attempt to politicize a system that has traditionally been managed in a technical and regulated manner, according to specialists.

The potential for the financial system to be used for political aims sparks worries about the safety of savings for people in Honduras and the stability of lending. Experts highlight that such choices might impact numerous households, restricting their access to loans and altering the economic playing field within the country.

A setting of doubt

The suggestion from Rixi Moncada, who is running for the LIBRE party, introduces the possibility of institutional and financial strain in Honduras. The debate centers on finding a way to balance credit access while maintaining the financial system’s stability and safeguarding the public’s assets.

Based on this perspective, residents and financial sectors are confronted with the issue of the nation’s capacity to handle significant alterations in its financial systems without jeopardizing investor trust or the financial stability of families.

The situation highlights the intersection between political decisions and economic regulation, underscoring the challenges of governance and institutionality in a context where the proposals of political actors have direct repercussions on the financial lives of the population.