New Bank Operating in Guatemala

The company Financiera de Inversión has received authorization to start operating as a private bank in the country.

Wednesday, May 18, 2016

With capital of $15 million, the company which has so far only operated in the financial segment will start providing banking services under the brand Banco INV, and will be subject to the regulation required of participants of the banking system.

Luis Pedro Chavez, general manager of the company, said in an article on that "...'Mainly we want to provide financing to companies and people who are interested in expanding services such as factoring, financial leasing, leasing or financing for the acquisition of credit cards or consumer finance, even mortgages'."

"The company has made the leap into banking after 35 years of experience in the domestic market through Financiera de Inversión (FINSA). This, according to Chavez gives them a portfolio of customers who are accustomed to personalized service and hold it in high esteem. This one to one attention is possible because of the scale of the business, which is a strength according to Chavez. "

Do you need information about the financial sector?

Request more information:

this site is protected by reCAPTCHA and Google's privacy policy and terms of service.
Need assistance? Contact us
(506) 4001-6423

More on this topic

El Salvador: New bank Raises $40 million From Small Investors

December 2013

With amounts from $5 to over $50,000, people bought 1412 shares in Banco Azul which will begin operations in 2014.

This amount makes up the $60 million needed for the start of operations by the entity which was formed last September with a capital of $20 million. Of the 1,412 shareholders 97% are natural persons and 3% are companies.

Allbank Corp Opens in Panama

November 2012

The Venezuelan Grupo Financiero B.O.D. has officially opened its Allbank offices in Panama City, where it started operations on 23 July. reports that "The general license bank has been operating in Panama for three months from the Tower of the Americas, and provides all services, and has a team made up of 31 employees.

Grupo Ficohsa Expands to Guatemala

March 2012

The Honduran bank has received approval from the Guatemalan Superintendency of Banks to provide services from April.

The financial group Ficohsa can use its brand for transactions and banking services in Guatemala from next April, authorized by the Guatemalan Superintendency of Banks.

Banco Industrial to be Established in El Salvador

June 2011

The main shareholder of the new bank, which will open operations on 13 July, is the Panamanian holding company Bicapital Corporation.

As outlined in an article in, Banco Industrial El Salvador will absorb the existing operations of the representative office of Banco Industrial Guatemala, which is already operating business loan services in El Salvador.

 close (x)

Receive more news about Banking

Suscribe FOR FREE to CentralAmericaDATA EXPRESS.
The most important news of Central America, every day.

Type in your e-mail address:

* Al suscribirse, estará aceptando los terminos y condiciones

Gluten-free food business for sale

Operating Company dedicated to the manufacture of gluten-free and sugar-free products, OHNE brand.
The OHNE brand has 8 product lines: square bread, sweet...

Stock Indexes

(Apr 6)
Dow Jones
S&P 500


(Jan 15)
Brent Crude Oil
Coffee "C"