Tuesday, 19 September 2023 03:31

Banco Cuscatlán begins operations in Honduras

Written by Leydin Sorto

Banco Cuscatlán begins a new stage of regionalization by starting operations in Honduras, making effective its change of image, after Inversiones Cuscatlán Centroamérica, an investor in the financial sector at a regional level with ample solidity and experience in El Salvador and Guatemala, obtained the corresponding regulatory authorizations for the acquisition of the majority of the shares of Banco de los Trabajadores.




Inversiones Cuscatlán Centroamérica, seeks to enhance the best benefits and conditions in financial products and services for individuals, SMEs and companies in Honduras, implementing its best practices and regional experience in Banco Cuscatlán Honduras, forming part of the fastest growing group in the financial sector in the last 5 years in Central America.

This is confirmed by Federico Nasser, President of Inversiones Cuscatlán, when he said "We believe in Honduras, we believe in Central America, this step ratifies our regional vision to generate value in a responsible and sustainable way for Central Americans, providing financial solutions of excellence, with innovation through a more human banking focused on providing the best service experience to our customers with a Cuscatlán smile".

With a dynamic expansion plan, Banco Cuscatlán will initially serve its customers in 32 branches located nationwide, with a wide network of Banet ATMs, Autobancos, correspondent agent services and access to digital banking, all under the new image. 

The Bank's main focus is the customer as the center of its entire operation, which will allow it to grow rapidly in physical and digital points of attention, offering the best service and banking experiences that will consolidate its relationships of trust with its customers, planning in the next 6 months a growth of 10 agencies nationwide strategically located, adding 42 agencies as well as 80 new Cuscatlán ATMs.

"With the arrival of Banco Cuscatlán in Honduras we will experience an important stage for the national banking system, we are adding the deep knowledge of a solid local bank operation and applying the best regional and international practices", said Ferdinando Voto, Chairman of the Board of Directors of Banco Cuscatlán.

The products and services under the Banco de los Trabajadores brand will be transferred to Banco Cuscatlán, maintaining the current conditions; customers will be able to carry out their transactions and formalities through Banco Cuscatlán's branches and channels.

Eurípides Cálix, general manager of Banco Cuscatlán, expressed with great enthusiasm: "we have put together a great team of banking professionals, committed to excellence in service but above all with the purpose of accompanying our customers to fulfill their dreams together".

Banco Cuscatlán arrived in Honduras with the commitment to generate growth and development for the country and contribute to build a better future. Your Bank, Your Future.


Translated by: A.M