Guatemala: Banks Introduce New Products

In an attempt to attract more customers banks are diversifying their product portfolios.

Thursday, July 14, 2011

One example is the Agromercantil Bank (Bam) who will soon launch a product called 'Hazlo sencillo' (Make it Simple), which will be accessible to the institution's debit card users. "The service will consist of rounding off cardholder's accounts and transferring the balance to a small savings account, where the owner will earn interest on those savings.", said the general manager of the institution, Luis Fernando Caceres, in an article in Siglo21.com.gt

"The Financial Group G & T Continental recently launched two deposit products, one is a preferential savings account, and the main feature of this service is that it pays a higher interest rate than normal savings accounts, and the product also comes with free life insurance for the customer, which is a guarantee of protection. In addition, loans are also being offered, in which savings provide the he collateral for the bank, said the marketing manager of retail banking at G&T, Carlos Granados Moreno. "

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New products from G&T Continental Bank

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The guatemalan bank presented a new financial product for fix term savings - "Intelligent Account"

Prensalibre.com reports: "It is called the Intelligent Account, with which investors can gain interest on the amount saved from the moment they make their fixed deposit.

Carlos Granados, Marketing manager for personal banking, explained that the new financial instrument allows them to ..."

Guatemala: Agromercantil is now BAM

October 2008

In order to provide better customer service, Agromercantil Bank now has a new image.

This new image better reflects the development and dynamism of the bank and its portfolio of products and services.
The recent introduction of BAM CEL, is an example of innovating service with which the clients of BAM will be able to carry out a variety of transactions via their cell phones, 24 hours a day and 365 days per year, the manager of BAM, Rafael Viejo, explained during the press conference that was held at the Hacienda Real in the capital.

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