STOCK TITAN

ibex CEO and Honduras President Nasry Asfura Meet to Discuss Growth, Investment, and Ongoing Partnership

(Neutral)
(Very Positive)
Tags
partnership

ibex (NASDAQ: IBEX) reported that CEO Bob Dechant met with Honduras President Nasry Asfura and Minister of Investment Epaminondas Marinakys to discuss expanding the country’s BPO sector and attracting investment. ibex plans to hire 400 new employees in Tegucigalpa by year-end 2026, adding to its approximately 1,200 customer service agents in Honduras, where operations began in 2021.

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Positive

  • Plans to hire 400 new employees in Tegucigalpa by end of 2026
  • Honduras operations have grown to about 1,200 customer service agents since 2021
  • Government leadership expresses support for ibex investment and potential workforce expansion
  • Expansion driven by new lines of business across retail, healthcare, fintech, and residential sectors
  • Recognition with multiple regional awards for culture and service quality

Negative

  • None.

Market Context

IBEX's historical news record includes a 16.54% 24-hour move after its May earnings report, providin...
Analysis

IBEX's historical news record includes a 16.54% 24-hour move after its May earnings report, providing context for company updates. This announcement contains no reported financial metrics; recent insider data was categorized as Net Selling, a risk to monitor.

Key Figures

Planned new hires: 400 employees Current workforce: approximately 1,200 customer service agents Workforce expansion opportunity: double or even triple its workforce +2 more
5 metrics
Planned new hires 400 employees Tegucigalpa hiring planned by the end of 2026
Current workforce approximately 1,200 customer service agents ibex Honduras since opening in 2021
Workforce expansion opportunity double or even triple its workforce Over the next two years, according to President Asfura
Honduras opening year 2021 ibex Honduras operations
Announcement date Aug. 10, 2026 Article publication date

Historical Context

5 past events · Latest: Jul 01 (Positive)
Pattern 5 events
Date Event Sentiment 24h Move Catalyst
Jul 01 CX awards announcement Positive +4.0% ibex honored CX Leadership Award winners at Customer Contact Week in Las Vegas.
Jun 17 Leadership appointment Positive -2.0% Shannon Hodges joined as senior vice president to lead Wave iX growth and adoption.
May 27 Conference presentation Neutral -3.5% Management scheduled a presentation at the Baird Global Consumer Technology Services Conference.
May 13 Share repurchase program Positive -1.9% The board authorized a $20 million share repurchase program over 12 months.
May 06 Quarterly earnings report Positive +16.5% IBEX reported record quarterly results and raised fiscal-year revenue and EBITDA guidance.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Pattern Detected

IBEX's historical company-news reactions were mixed, with positive earnings and awards aligning while several non-earnings announcements diverged.

Key Terms

business process outsourcing, bpo, nearshore
3 terms
business process outsourcing technical
"grow Honduras’ business process outsourcing (BPO) sector"
Business process outsourcing is when a company hires an outside firm to perform routine operational tasks—such as payroll, customer support, IT operations, or back-office administration—so the company can focus on its core products or services. Investors care because outsourcing often lowers costs, improves scalability and flexibility, and shifts operational risks; changes in a company’s outsourcing strategy can therefore affect profit margins, growth prospects and regulatory or service-quality risks.
bpo technical
"Honduras’ business process outsourcing (BPO) sector"
Business Process Outsourcing (BPO) is when a company hires an outside firm to handle routine operations—like customer service, payroll, or IT—so the company can focus on its core work. For investors, BPO matters because it can lower costs, speed growth, and change profit margins, but it also introduces risks around service quality, data security, and loss of control, similar to hiring a contractor to run a critical part of your business.
nearshore technical
"a key component of our nearshore service delivery strategy"
Nearshore describes the practice of locating business functions—such as manufacturing, software development, or customer support—in a nearby country rather than domestically or in a distant one. For investors this matters because nearshoring can lower costs while keeping communication, travel time and political or supply-chain risks closer to home—think hiring a neighbor instead of someone across the globe—potentially improving reliability and margins without the complexity of far-flung operations.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Unveils Plan to Hire 400 New Employees by Year-end; Underscoring ibex’s Long-term Investment in Honduras

TEGUCIGALPA, Honduras, Aug. 10, 2026 (GLOBE NEWSWIRE) -- ibex (NASDAQ: IBEX), a global leader in outsourced business services and AI-powered customer experience solutions, today announced that CEO Bob Dechant met with President Nasry Asfura and Minister of Investment Epaminondas Marinakys last week to discuss opportunities to grow Honduras’ business process outsourcing (BPO) sector, attract new investment, and collaborate to establish the country as a leading hub for world-class customer service.

“It was a great honor and pleasure to meet with his excellency, President Asfura, and Minister Marinakys in Tegucigalpa,” said Dechant. “Honduras is a key component of our nearshore service delivery strategy, and we are committed to partnering with President Asfura and his administration to elevate its standing as one of Central America’s leading BPO locations. We have recently added multiple lines of business for top global brands to our Honduras operations. Under President Asfura’s strong leadership and pro-business agenda, we anticipate further growth opportunities, increased hiring, and new investment in this key sector.”

Underscoring ibex’s long-term commitment to Honduras, the company also announced plans to hire 400 new employees in Tegucigalpa by the end of 2026 to support growing client demand.

“We are very pleased that ibex will create 400 additional jobs in Honduras before the end of this year. We are also encouraged that the company is exploring opportunities to double or even triple its workforce over the next two years,” said President Asfura. “I want to thank ibex, especially CEO Bob Dechant, for placing its trust in Honduras. Our country is a committed partner, and our administration stands ready to support the company’s investments and future growth. We will continue working to strengthen and develop the BPO sector by creating the conditions needed to attract new investment, drive economic growth, and generate more employment opportunities for the Honduran people.”

ibex’s current hiring effort reflects its strong momentum in the region and growing demand from global brands seeking world-class nearshore customer experience solutions. Since opening in 2021, ibex Honduras has grown into one of the largest BPOs in the country with approximately 1,200 customer service agents. This growth has been driven by new lines of business and clients across the retail, healthcare, fintech, and residential industries.

“Our priority is to work alongside strategic partners to build a competitive investment environment that fosters innovation, job creation, and sustainable economic growth,” said Marinakys. “Honduras has a unique competitive advantage in its highly skilled bilingual workforce, and through close collaboration with industry leaders like ibex, we are creating the conditions for the BPO sector to expand, compete globally, and generate greater opportunities for Hondurans.”

“We believe that providing a great employee experience is the key to delivering amazing customer experiences, and we are dedicated to continually improving our award-winning culture that offers our team members the best training, tools, and development opportunities,” said Luis Anleu, SVP of Operations and Country Leader at ibex.

Beyond creating valuable employment opportunities, ibex’s continued expansion in Honduras enhances its ability to deliver truly differentiated customer experiences for global brands. It also reflects the company’s confidence in Honduras’ highly skilled workforce, which has the highest English-speaking proficiency in the region, and its long-term vision of establishing the country as a center for world-class customer service.

ibex has been recognized for its outstanding culture, employee experience, development opportunities, and service, including Best Place to Work for Women in Central America and the Caribbean by Great Place to Work, Nearshore Company of the Year by Nearshore Americas, and Central America and Caribbean Company of the Year by Frost & Sullivan.

About ibex

ibex is a global leader in outsourced business services and AI-powered customer experience solutions, enabling the world’s best brands to deliver truly differentiated experiences for their customers. Leveraging a global team of more than 36,000 human CX experts – powered by the best AI technology, decades of CX innovation, and deep business insights – ibex engineers seamless, end-to-end customer journeys from AI agents to human agents at scale across retail, e-commerce, healthcare, fintech, utilities, technology, logistics, and more. Discover more at ibex.co and connect with us on LinkedIn.

Media Contact
Dan Burris
ibex
Daniel.Burris@ibex.co

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/946a6f35-c97e-43fe-9d38-0a84eb566003


FAQ

What did ibex (NASDAQ: IBEX) announce on August 10, 2026 about its Honduras operations?

ibex announced a plan to hire 400 new employees in Tegucigalpa by the end of 2026. According to ibex, this expansion supports growing client demand and builds on an existing workforce of approximately 1,200 agents in Honduras, where operations began in 2021.

How many jobs will ibex (IBEX) create in Honduras by the end of 2026?

ibex plans to create 400 additional jobs in Tegucigalpa by year-end 2026. According to ibex and President Nasry Asfura, these positions will support expanding BPO services for global brands and reinforce Honduras’ role as a nearshore customer service hub.

How large is ibex’s current workforce in Honduras and when did it start operating there?

ibex reports having approximately 1,200 customer service agents in Honduras. According to ibex, the company opened its Honduras operations in 2021 and has grown into one of the country’s largest BPO providers, driven by new clients across several industries.

What is the significance of the meeting between ibex CEO and Honduras President Asfura for IBEX investors?

The meeting underscored government support for ibex’s expansion and investment in Honduras. According to ibex, discussions focused on growing the BPO sector, attracting additional investment, and potentially expanding the workforce, which may strengthen the company’s nearshore service capabilities for global brands.

Which sectors are driving ibex’s growth in Honduras according to the August 10, 2026 announcement?

Growth in Honduras is being driven by new lines of business across retail, healthcare, fintech, and residential sectors. According to ibex, increasing demand from these global brands supports its current hiring efforts and the planned addition of 400 employees in Tegucigalpa.

How does ibex describe Honduras’ strategic advantages for its BPO operations?

ibex highlights Honduras’ highly skilled bilingual workforce and strong English proficiency as key advantages. According to ibex and Honduran officials, these factors, combined with a pro-business agenda, support plans to establish the country as a center for world-class customer service.