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BAC Honduras S.A. (Honduras)

Main Activities: Commercial Banking
Full name: Banco de America Central Honduras 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

Banco de America Central Honduras S.A. is a financial organization located in Tegucigalpa. 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 country in Central America, becoming the first Financial Group with a presence throughout the region in the 1990s. BAC Credomatic 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 who serve its customers. They have also developed a digital banking platform that is currently used by over 1.9 million customers. BAC Credomatic's rigorous and responsible business management, aligned with a strategy of triple positive value and the United Nations Sustainable Development Goals, has allowed them to contribute to the economic growth and improve the quality of life for numerous Central American families.

Headquarters
Boulevard Suyapa, Frente A Emisoras Unidas
Tegucigalpa; Tegucigalpa;

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Website: http://www.baccredomatic.com/es-hn

Basic Information
Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
1980
Key Executives
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President
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Chief Executive Officer
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Vice President
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Director/Member of the Board
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Director/Member of the Board
Ownership Details
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100%
Company Performance
Financial values in the chart are available after BAC Honduras S.A. report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency HNL. Absolute financial data is included in the purchased report.
Net interest income
21.18%
Operating profit (EBIT)
19.79%
Net Profit (Loss) for the Period
16.9%
Total assets
16.7%
Total equity
14.58%
Total Assets Trend
9.97%
Net Interest Income Trend
0.43%
Loans to Deposits Ratio
6.02%
Loans to Asset Ratio
4.1%

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