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Banco Avanz S.A. (Nicaragua)

Main Activities: Commercial Banking
Full name: Banco Avanz S.A. Profile Updated: April 17, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English & Spanish Download a sample report

Banco Avanz S.A. is a financial services company located in Managua, Nicaragua. It was incorporated on an unspecified date. The company is part of the Grupo Pellas, a business group led by Don Carlos Pellas Chamorro, with over 60 years of experience in national and international banking. Banco Avanz S.A. aims to provide high-value solutions to its customers by understanding their financial needs. The company prides itself on its motivated and committed team, which allows them to become the main bank and ally for their clients. Banco Avanz S.A. combines experience and innovation to generate positive changes that create prosperity for Nicaraguans.

Headquarters
Blvd. Jean Paul Genie
Managua; Managua;

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Website: https://www.avanzbanc.com

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
August 02, 1992
Key Executives
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President
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Vice President
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Member of Board of Directors
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Member of Board of Directors
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Member of Board of Directors
Ownership Details
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100%
Company Performance
Financial values in the chart are available after Banco Avanz S.A. report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency NIO. Absolute financial data is included in the purchased report.
Net interest income
20.26%
Operating profit (EBIT)
20.13%
Net Profit (Loss) for the Period
10.5%
Total assets
23.44%
Deposits from customers
24.48%
Total equity
13.42%
Total Assets Trend
6.66%
Net Interest Income Trend
-5.97%
Cost to Income Ratio
-2.39%
Loans to Deposits Ratio
-4.03%
Loans to Asset Ratio
-2.29%

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