Business life
BAC innova the Guatemala capital market with the BAC + positive bonus, being the first dematerialized issuance that is entered through the digital system and without the need for physical documents, which speeds up the investment processes and promotes the digitalization of the financial market, opening the way to new investment instruments.
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With this issuance, the institution promotes financial inclusion in strategic sectors such as micro, small and medium enterprises (MSMEs). In addition, aligned to its positive net strategy, it seeks to promote the positioning of social and environmental impact projects.
This first placement was made through the National Stock Exchange, SA (BVN), for an amount of USD $ 140 million with three large investors such as the Inter -American Development Bank – IDB -INVEST; Propparco, Subsidiary of Agite Française de Développement Group, and Lagreen (via Finance in Motion).
“We celebrate a great achievement for Guatemala with the issuance of the first dematerialized, standardized and sustainable bonus in the country. This pioneer launch, of the BAC Bonus + positive, marks the beginning of a more dynamic and efficient market of standardized and dematerialized bonds, promoting the Guatemala stock market secondary market. With these financial innovations we continue to reimagine the bank to generate prosperity and contribute to a more positive Guatemala, ”said Eric Campos Morgan, executive president of Bac Guatemala.
This initiative provides a specific solution to strengthen economic growth and sustainability, promoted financial inclusion for MSMEs. According to data from the National Statistics Institute (INE), MSMEs represent approximately 99.8% of formal companies in Guatemala, while the World Bank estimates that they generate about 40% of the Gross Domestic Product (GDP). However, many of these companies face credit access barriers. That is why, with this bonus, Bac seeks to contribute to financial inclusion and boost its development and that of Guatemala.
With this issuance, BAC consolidates its leadership opening gaps in the capital market and providing financial solutions that generate growth opportunities and enhance financial inclusion in the country, ensuring that more companies and Guatemalans access sustainable and responsible financing options.