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Inversiones Financieras Banco de America Central S.A. (El Salvador)

Main Activities: Depository Credit Intermediation | Nondepository Credit Intermediation
Full name: Inversiones Financieras Banco de America Central S.A Profile Updated: March 13, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English & Spanish Download a sample report

Inversiones Financieras Banco de America Central S.A is a financial organization located in San Salvador. The company was founded on July 5, 1952, with the establishment of Banco de America in Nicaragua. In the 1970s, it became a pioneer in the credit card business in the region. Over time, it expanded its operations to each of the countries in Central America, becoming the first Financial Group with a presence throughout the region in the 1990s. Inversiones Financieras Banco de America Central S.A offers a range of products and services designed to meet the needs of its 4.2 million customers across the region. The company has nearly 19,000 employees dedicated to serving its customers. It has also developed a digital banking platform that is currently used by over 1.9 million customers. The company's rigorous and responsible business management, aligned with a strategy of triple positive value and the United Nations Sustainable Development Goals, has allowed Inversiones Financieras Banco de America Central S.A to contribute to the economic growth and improve the quality of life for numerous Central American families.

Headquarters
55 Av. Sur Centro Roosevelt Edificio D, Nivel 2
San Salvador; San Salvador;

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Basic Information
Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
2002
Key Executives
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President
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Vice President
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Managing Director
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Managing Director
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Director/Member of the Board
Ownership Details
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75%
Subsidiaries
Bac Leasing, S.A. De C.V.
Banco De America Central, S.A.
Credomatic De El Salvador, S.A
Company Performance
Financial values in the chart are available after Inversiones Financieras Banco de America Central S.A. report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency USD. Absolute financial data is included in the purchased report.
Net interest income
12.32%
Operating profit (EBIT)
-27.87%
Net Profit (Loss) for the Period
-8.2%
Total assets
6.85%
Total equity
5.57%
Total Assets Trend
2.08%
Net Interest Income Trend
3.32%
Loans to Deposits Ratio
1.42%
Loans to Asset Ratio
0.47%

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