G&T Continental Expands in El Salvador

The Guatemalan financial group plans to open 27 new branches next year in El Salvador.

Friday, October 1, 2010


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Flavio Montenegro, General Manager, told Prensa Libre the group already has 23 branches, with the new openings it will consolidate presence in Salvadoran market.

"First, we will consolidate in El Salvador and then will start working in the other markets (Central America)," added the executive.

The group already initiated proceedings before Costa Rican authorities in order to obtain operating license for that country.

More on this topic

G&T Continental Expands in El Salvador

December 2009

By opening its 11th branch, Grupo Financiero G&T Continental now features 600 locations in Central America.

The new Salvadoran branch is located at Shopping Mall Aventura Plaza, and will offer services in financing, investment, treasury, commerce, cash management and corporate and individual advising.

G&T Continental Bank expands in Central America

September 2008

G&T Continental Bank's projections for next year are to conquer the financial markets of Costa Rica and Panama and to strengthen their position in El Salvador.

Flavio Montenegro, Director and President of G&T Continental, said that their main operation is in Guatemala, where the companies was born some 45 years ago, and to date they have more than 380 points of service.

More Banking Services in Panama

February 2014

The Guatemalan bank G&T Continental has announced the opening of two new branches in the banking center of Panama.

The G & T Continental Bank of Guatemala plans to open two new branches in Panama in 2014. The company already has two other branches in the country.

Amador Carballido, development manager of G & T Continental explained that "in this country, with 3.8 million people, we estimate that there are more than five thousand customers."

Banco Azteca Expands in El Salvador

February 2011

The bank plans to open ten new branches in 2011, adding up to 52 in the country.

Luis Niño, President of the Board of Directors of Banco Azteca El Salvador, said they want to increase the local market share by doubling its loan portfolio.

He added to Prensagrafica.com: "We put millions in loans.

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