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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