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.

It will also be adding new products for clients, more bank branches, promote more microcredit, and corporate banking, said the general manager of the Bank, Ronald Garcia.

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Scotiabank Expands Investment in El Salvador

March 2012

The bank will invest between 5 and 7 million in the opening of 3 new branches this year.

The CEO of Scotiabank El Salvador, Peru's Juan Carlos Garcia Vizcaino, confirmed the new investments in three new branches, the relocation of others and new channels and technology to improve customer service.

Banco General Moves into Consumer Banking

May 2010

In Costa Rica, Panama’s Banco General is starting a push into the country’s consumer banking market.

In its first year of operation, the bank focused only on corporate customers, but will now expand into the consumer banking market gradually. They will start by offering mortgage loans.

Costa Rica: Banks regulating the opening of new branches

December 2008

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.

Of the 14 banks operating in the country, 8 announced that they will open a maximum of 56 new branches; 41 of these will be by public banks, which continue to have a aggressive expansion plans.

A bank branch in the corner store

September 2008

Banks in Guatemala are expanding by installing branches in small businesses to offer financial services.

Who would have thought that a pharmacy, a hardware store, a book store, or any other business would one day offer many of the financial services that have been exclusive to banks for decades?

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