Guatemala: Importance of Banking Agents Increases

In the last quarter of 2016, the total amount of transactions made through the network of banking agents grew by 26% compared to the same period in 2015, and the average amount per transaction increased from $99 to $118.

Monday, April 17, 2017

Data from the Quarterly Bulletin of Financial Inclusion by the Superintendency of Banks indicates that between September and December of last year, more than 7.8 million transactions were made, including deposits, withdrawals and credit payments made through the network of banking agents, 26% more than in the same period in the previous year.

As of December last year, there were 3,558 banking agencies, 6,899 banking agents and 3,824 ATMs, according to the bulletin.  

35% of the total access points are concentrated in the department of Guatemala They were followed by Quetzaltenango, with 938, Huehuetenango with 760 and Escuintla, with 629 access points. El Progreso has the smallest amount registered, with 173.

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