BAC Credomatic is the leading financial services provider in Central America. The bank offers financial products and services to over 3.8 million clients across Central America and employs over 21,000 people. With over 65 years of experience, BAC Credomatic is #1 in assets, deposits, and receivables, and also the leader in digital banking. 

About BAC Credomatic

The bank was founded in 1952 as Banco de América Central in Nicaragua, and quickly became the leader in the credit card business. The bank gradually expanded to neighboring countries and, in the 90s, became the first truly regional financial services provider in Central America, with presence in all six countries: Panamá, Costa Rica, Nicaragua, Honduras, El Salvador and Guatemala.  

The bank was acquired by the Colombian holding company Grupo Aval through the Banco de Bogotá subsidiary. This has allowed BAC Credomatic to expand its product offerings and bring best practices to the region, while retaining the focus on continuous improvement, excellence, and innovation.  

BAC Credomatic’s firm commitment to being a customer-centric financial entity has allowed the bank to embrace the industry’s technological advances and innovate on its digital products. BAC Credomatic’s online banking platform has over one million active users, with 75% of all customer interactions done via online.  

BAC Credomatic fosters a vision that is focused both on its customers and the development of Central America as a region. Using the United Nations’ Sustainability Development Goals (SDGs) as guiding principles, BAC Credomatic has focused its sustainability strategy on three dimensions: people, planet, and prosperity. Over the last ten years, BAC Credomatic has educated close to 850,000 people in financial literacy, a move that ensures more people can access financial services, make informed decisions, and utilize the products and services that the bank offers, in a responsible and productive manner.  



42 percent of
the bank’s
3.8 million
are women.

15 percent of
BAC Credomatic’s
loan portfolio is held by

55 percent of
BAC Credomatic’s loan portfolio
is held by women.

The Opportunity in Costa Rica


of women participated in the labor force in 2017, the World Bank reported.


of Costa Rican women had an account with a formal financial institution in 2017, Findex found.


of women in Costa Rica saved at a financial institution in 2017, yet half of all women saved money somewhere, Findex found.


of Costa Rican women borrowed from a formal financial institution in 2017, with 31% in total saying they took out a loan that year, according to Findex.

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