Bank of the Year Central America

Bank of the Year Central America

Corporate & Sovereign Strategy Bonds

As Central America’s banking landscape shifts with the exit of international lenders and the expansion of local ones, BAC Credomatic stands out for having branches across the whole region, with the exception of Belize. The bank’s footprint has allowed it to capitalize on growing intra-regional trade and set it apart as LatinFinance’s 2015 Bank of the Year Central America.Credomatic expanded its loan portfolio by 13% year-on-year to $12.1 billion by the end of June this year. Customer deposits rose 7% to $11.7 billion in the same timeframe, while total assets grew 9% to $17.9 billion at the end of June this year from $16.4 billion at the end of June 2014. Credomatic has also been active

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