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Financia Credit S.A. (Panama)

Main Activities: Nondepository Credit Intermediation
Full name: Financia Credit 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

FINANCIA CREDIT is a financial company operating in Panama, with subsidiaries in Costa Rica, Honduras, El Salvador, and Guatemala. They primarily cater to small and medium-sized businesses. In addition to their financial services, they also provide electronic transaction processing to other financial and commercial companies. They offer a wide range of innovative financial products supported by technology provided by their sister company, VERSATEC. These products simplify business operations in various industries and are accompanied by closed-loop and VISA-branded payment methods, linked to lines of credit. Their administrative and financing solutions are targeted towards small, medium, and large enterprises. Since May 2013, FINANCIA CREDIT has been an issuer on the Panama Stock Exchange, and since 2015, on the El Salvador Stock Exchange. They issue shares, corporate bonds, and negotiable commercial securities (VCN). Their issuances have gained the trust of investors in Panama and El Salvador, taking advantage of the integration of financial markets.

Headquarters
Ph Vallarino, Piso 11, Calle Elvira Mendez, Contiguo A Tower Bank Y Hotel Marriot
Panama; Panama;

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Website: http://www.financiacredit.com

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
2008
Key Executives
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President
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Vice President
Ownership Details
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100%
Subsidiaries
Medios De Pago Fc Costa Rica S.A.
100%
Versatec Processing Corp
100%
Versatile Technology De El Salvador S.A De C.V.
100%
Company Performance
Financial values in the chart are available after Financia Credit 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
56.91%
Operating profit (EBIT)
92.66%
Net Profit (Loss) for the Period
118.28%
Total assets
25.18%
Total equity
21.97%
Total Assets Trend
7.85%
Net Interest Income Trend
-16.32%
Loans to Deposits Ratio
-25.74%
Loans to Asset Ratio
-0.44%

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