Banco de Occidente only has half of the assets and market share of Guatemala's largest bank but this small well-managed bank shows that size is not critical to strong performance.
The Guatemalan economy is suffering from the economic slowdown in the US, its primary trading partner, and the drop in the price of coffee, its export staple. Still, the bank, which is majority owned by Corporación de Occidente and has a 120-year history of banking in the country, is outsmarting its environment. It managed to reduce...
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