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Finance
Activity: National Banking Association
Date of Creation: 1965
The Asociación Bancaria Salvadoreña, ABANSA,
is a civilian, non-profit association founded on
June 1, 1965 that is governed by its own by-laws
and regulations in accordance with the Non-
Profit Association and Foundation Laws that were
published in official newspapers of the country.
Its mission is to represent as a group the associated
banking system and to effect the coordination and
integration of deeds and ideas that will allow banks
to act effectively and efficiently to the benefit of the
bank and country’s development.
ABANSA technical committees are made up of the
highest officials of each related institution member
related to the activities of the respective committee.
Technical committees are created with the
instructions of the Presidents and their functions
are to advise, study, analyze, evaluate, propose
and support ABANSA in the development issues of
interest and concerns in the banking system. Each
technical committee is formed and coordinated by a
Board of Directors made up of a President, a Vice-
President and a Secretary.
Farming and Agriculture
• Legal
• Internal Auditing
• Tributary
• Financial
• Compliance Officials
• Operations
• Security
• Human Resources
• Communications and Marketing
• Credit Risks
• Financial Education
• Accountants
• Construction
• Costumer Service Officials
Since 2008 the Salvadoran Banking Association,
ABANSA has worked on the Program of Financial
Education, through which it promotes an effective
culture of management of family finances.
BANCO DE AMÉRICA CENTRAL – CREDOMATIC
Rodolfo Guirola
Marketing Manager
55 Av. Sur entre Alameda Roosevelt y Av. Olímpica,
San Salvador
Tel: (+503) 2206 4600
Fax: (+503) 2245 3780
rguirola@sv.credomatic.com
www.credomatic.com
Activity: Bank
Date of creation: 1975
The Group BAC-CREDOMATIC Network intends
to be the best financial option of the region where
it operates according to its leadership in financial
performance, the quality of its products and services,
and itsdistinctive technological competencies, financial
resource administration and means of payment.
In the pursuit of this objective, the group counts
on a creative and professional team passionately
committed to excellence that are governed by ethical
principles and act with a clear sense of financial
prudence.
To satisfy its clients’ needs the BAC-CREDOMATIC
network operates under a unified regional approach,
promoting a culture of organizational alignment
and measures themselves by world-class financial
institution standards.
Its history:
Founded in November 1975, it began its operations
on January 2, 1976. In 1982 it inaugurated its
Alameda Roosevelt office and in 1989 moved to
the Roosevelt Center, its current office. In 1994
Financiera Credomatic was founded and on April 5,
1999 it became Banco Credomatic.
In December 2003, it had a makeover at the regional
level and the Bank’s name changed to Banco de
America Central. In May 2005, GE & BAC signed
an alliance.
Banco de América Central is known for credit cards. It
represents 4 brands of credit cards: AMEX, DINERS,
VISA and MASTERCARD. Currently, they have over
25 branches and 30 ATM’s being a regional group
with a presence in Mexico, Guatemala, Honduras,
Nicaragua, Costa Rica, and Panama.
BANCO AGRÍCOLA
Roberto Orellana
President
Blvd. Constitución 100, San Salvador
Tel: (+503) 2267 5900
Fax: (+503) 2267 5930