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Credomatic De Guatemala S.A. (Guatemala)

Main Activities: Credit Card Issuing
Full name: Credomatic De Guatemala S.A. Profile Updated: February 21, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English & Spanish Download a sample report

Credomatic De Guatemala S.A. is a financial organization located in Guatemala City. The company has almost 70 years of experience and serves 4.2 million customers throughout the region. It employs nearly 19,000 staff members. The company began its operations on July 5, 1952, with the establishment of Banco de América in Nicaragua. In the 1970s, it became a pioneer in the credit card business in the region. Gradually, it expanded its operations to each country and in the 1990s, it became the first Financial Group with a presence in all of Central America. Currently, BAC Credomatic offers products and services designed to meet the needs of its customers. It has developed a digital banking platform that is 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 it to contribute to economic growth and improve the quality of life for numerous Central American families.

Headquarters
Avenida Petapa 38-39 Zona 12
Guatemala City; Guatemala;

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Website: http://www.credomatic.com

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
August 13, 2003
Key Executives
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President
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Assistant Vice President
Ownership Details
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Company Performance
Financial values in the chart are available after Credomatic De Guatemala S.A. report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency GTQ. Absolute financial data is included in the purchased report.
Net interest income
-9.08%
Operating profit (EBIT)
38.32%
Net Profit (Loss) for the Period
40.76%
Total assets
2.12%
Total equity
6.97%
Total Assets Trend
-1.43%
Net Interest Income Trend
N/A
Loans to Deposits Ratio
-2.62%
Loans to Asset Ratio
-5.58%

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