Guatemala: Bantrab offers insurance
The bank is planning for next year to have its own insurance agency, with 136 branches and to create 1000 small operations points in stores and businesses.
Monday, November 17, 2008
Having its own insurance agency is the next goal of the Workers Bank (Bantrab), which together with its new image and purchase of the assets of the Bank of the Republic, may, based on plans, position the bank as one of the top 5 banks in the next 2 years.
Just as they regulated the placement of credit in the last few months, they are also applying the same policy to the opening of branches for next year.
The bank will invest between 5 and 7 million in the opening of 3 new branches this year.
Banks in Guatemala are expanding by installing branches in small businesses to offer financial services.
In Costa Rica, Panama’s Banco General is starting a push into the country’s consumer banking market.
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