Our identity
Bantrab is a Guatemalan financial group, which ranks sixth in the national system in terms of asset volume, fifth in deposits, and second in the consumer credit portfolio as of September 2024.
Our history
Bantrab was stablished by Decree Law 383 and began operations as a bank of special nature.
1966
When capitalization was completed by the workers, becomes a private bank with a social purpose.
1992
Bantrab became Grupo Financiero (Financial Group). It is integrated of:
- Banco de los Trabajadores
- Financiera de los Trabajadores, S.A.
- Aseguradora de los Trabajadores, S.A.
- Casa de Bolsa de los Trabajadores, S.A.
2010
The bank initiates a profound transformation process, aimed at strengthening Corporate Governance.
2017
The actions taken have achieved positive outcomes; Today, Bantrab has a strong Corporate Governance based on international best practices. It has doubled its assets from 2017 to September 2024, placing it sixth within the Financial System of Guatemala. As a result, Fitch Ratings and Moody’s have steadily upgraded our credit risk ratings.
2024
Our mission, vision, and values
Mission
Work hard for the well-being of all workers.
Vision
Making workers the main financial force in the country
Values and core competencies
Our commitment allows us to be congruent and to assume our decisions with determination and modesty.
Compliance
To execute the required actions and fulfill the commitments assumed.
Self-determination
To make decisions, propose, and take on individual challenges and the consequences for the objective’s achievement.
We are committed to our employees and, we are proud of our high standards and demands for ethics and truth.
360° Communication
To offer recognition and highlight areas for improvement in the performance of all stakeholders.
Accountability
To maintain updated and available information records on actions performed and results obtained.
We respect people equally, being impartial and fair, and generating opportunities based on objectivity.
Consistency
To express what you think and feel and to align it with what you say and do.
Tolerance
To generate relationships according to established values and rules at any time and with everybody.
Every day we strive with passion and joy because we know that everything we do is for the benefit of our employees.
Costumer Solution
To perform necessary actions with enthusiasm to exceed customer expectations.
Synergy
To join efforts with other areas for a common goal, to provide personal and group satisfaction.
Organizational structure
Capital structure
Today, Bantrab ranks third in terms of capital volume and is one of the most solid and solvent banks in the financial system of Guatemala. As of September 30th, 2024, our capital exceeded USD874 million, structured as follows:
We reconfirmed our commitment to transparency and accountability and to strengthening Corporate Governance.
Therefore, we continued the process started in 2017 to update the regular shareholder base and increase attendance at Shareholders’ Meetings.
Business model
We focus on providing wellness to our employees. Therefore, we align our actions to innovation, inclusion, development, and marketing of solutions that fit their needs and aspirations but, above all, that contribute to their bancarization and financial health.
