Wellness is our main purpose. We contribute to improving the quality of life of our employees and support them in achieving their short- and medium-term goals. We do this by providing comprehensive solutions to apply in any area of their lives, and we have built a wellness ecosystem based on three pillars: financial, social, and digital.
Financial
Debt consolidation
We work so that over-indebted people can resolve their situation, have sufficient liquidity to ensure their quality of life, and rewrite their credit history.
Tarjeta Siempre Sí
It is a tool to rebuild the credit record. It provides USD60 in financing and the option of depositing up to USD1,500 to be used as a debit card. If clients show good behavior, they may opt for a classic card.
Programa Bienestar (Wellness Program)
It allows clients to unify their debts, improve their liquidity, and save. The loan rate decreases if the client commits to start saving. Additionally, clients receive advice on how to organize their finances and rewrite their credit score history.
As of September 30th, 2024, the Programa Bienestar (Wellbeing Program) granted more than 255,500 loans that allowed beneficiaries to balance their income and expenses. Of all these clients, 121,781 enjoy a balanced relationship between their income and payment obligations.
Social Housing
We finance low-income housing on soft terms. We participate in fairs that promote housing projects with the endorsement of the Instituto de Fomento de Hipotecas Aseguradas of Guatemala (Institute for the Promotion of Insured Mortgages).
Social
Financial education
Digital platform with free access to 66 courses and two specializations about Foundations of Social Media Marketing and Practical Excel for becoming an expert, generated by Crehana. Since its launch in September 2023, it has registered more than 8,300 users.
Guateaprende offers 66 courses and 2 specializations.
Free personal finance advice office for workers, whether they are Bantrab clients or not. It has provided more than 16,000 personalized counseling sessions and more than 1,400 conferences benefiting over 87,000 Guatemalans. In addition, it has disbursed US$ 24,532,918 in loans for debt consolidation.
Workforce inclusion
Bantrab firmly believes in labor inclusion and provides employment opportunities for people with intellectual disabilities. In this way, contributes to enhancing their independence, productivity, and personal development.
In 2024, this initiative celebrated its sixth anniversary and provides 20 internships at Bantrab for students from Instituto Neurológico de Guatemala (Neurological Institute of Guatemala), one of them with visual impairment.
Bantrab promotes the wellbeing of Guatemalan workers, regardless of their age.
This is why it offers employment resources for people over 60 years old, with job placements that accommodate their scheduling requirements.
+60 seniors work at Grupo Financiero Bantrab.
Annual hiring of 20 graduates from public schools, who achieve the highest scores in the Graduate Evaluation.
The lack of work experience is one of the barriers preventing young people from accessing the job market. Therefore, since 2022, Bantrab has benefited over +200 young apprentices aged between 18 and 24 with scholarships to undertake four-month internships.
This initiative, in collaboration with Ministerio de Trabajo y Previsión Social (Ministry of Labor and Social Welfare), facilitates the acquisition of skills and abilities, allowing apprentices to earn the minimum salary and enjoy legal benefits.
Sports Cluster
Sports are essential for physical wellness and contribute to social cohesion. For that reason, Bantrab supports the following disciplines:
Soccer
Alliance with Real Madrid
The Spanish club trains Guatemalan trainers, coaches, and physical therapists to raise the level of local sports. Since October 2022, lectures have been given to learn about the Real Madrid model and the club’s good practices, as well as technical topics on injuries, sports nutrition, game improvement, comprehensive athlete training, and strength training, among others.
This alliance also extended to two products bearing the Merengue Club’s seal: the Tarjeta Real card and the Ahorro Real savings account.
National teams
Strategic support to the Federación Nacional de Fútbol (National Soccer Federation) of Guatemala, especially to the coaches and players of the Major League, Sub 20, Sub 17, and Sub 15 men’s and women’s national teams.
Guatemalan Clubs
Logistical and financial support to four teams in the Major Soccer League (Antigua GFC, Cobán Imperial, Marquense, and Malacateco), three teams in the First Division (Aurora FC, Santa Lucía Cotzumalguapa FC, and Deportivo Coatepeque), and thirty-four academies for girls, boys, and young people located in different departments of the country.
+5,548 children with the opportunity to practice a sport.
Cycling
Strategic alliance with the Federación Guatemalteca de Ciclismo (Guatemalan Cycling Federation) to organize international events such as the Vuelta Ciclística Bantrab (Bantrab´s Cycling Tour), the men’s and women’s Vuelta a Guatemala (Tour of Guatemala), and the UCI MTB Bantrab.
Community Support
Sponsorship of social and cultural initiatives, by providing desks to schools in needy communities, volunteering in nursing homes, logistic support for an Inclusive Race for athletes with disabilities, and the creation of a space in our facilities for elderly community can sell the ice cream they produce.
Digital
Bantrab began its technological transformation five years ago to promote financial inclusion. The main efforts include:
Mobile application that has enabled the opening of almost 112,000 monetary and savings accounts, as well as the collection and payment of entrepreneurship and MSMEs.
Application for United States residents to send money free of charge and in real
time to their family and friends in Guatemala.