BAC Holding International Corp
BBVC:BHI367.00
COP
-1.00
(-0.27%)
ISIN
PAT07PA00014
Return %
Stock
S&P 500
1Y
8.26
14.20
3Y
76.44
81.12
5Y
- -
68.34
Capital Structure
USD
•
in mil. unless spec.Working Capital
USD
•
in mil. unless spec.Growth Rates
USD
•
in mil. unless spec.Quarterly Revenue
USD
•
in mil. unless spec.Quarterly Earnings Per Share
USD
•
in mil. unless spec.Quarterly Dividends Per Share
USD
•
in mil. unless spec.Company Description
- CEO
- José Alberto Santana Martínez
- Sector
- Finance
- Industry
- Regional banks
- Address
- Bogota Colombia
- IPO Date
- Mar 30, 2022
- Website
- bac-holding.com
- Similar Companies
- Business
- BAC Holding International Corp. is a Panama-based financial holding company that operates as the parent company of the BAC Credomatic banking group, providing a comprehensive range of retail, commercial, and investment banking products and financial services to individual, small and medium-sized enterprise (SME), corporate, and institutional clients across Central America. The company operates through four primary business segments: Retail and Consumer Banking, Commercial and Corporate Banking, Payment Methods and Merchant Acquiring, and Wealth Management and Treasury. Its Retail and Consumer Banking portfolio offers checking, savings, and payroll accounts; certificates of deposit and fixed-term deposit instruments; residential mortgage loans, personal installment loans, and automobile financing; life, health, auto, and property bancassurance products; and digital banking solutions through web and mobile banking platforms. Its Commercial and Corporate Banking segment provides short- and long-term working capital loans, revolving lines of credit, syndicated financing, and trade finance solutions, including letters of credit, bank guarantees, and export/import financing; liquidity management, automated payroll disbursement, and collection services; foreign exchange spot and forward transactions; and interest rate hedging instruments. Through its Payment Methods and Merchant Acquiring operations, the company issues and processes credit, debit, and prepaid cards under the Visa, Mastercard, and American Express brands; provides point-of-sale (POS) terminal hardware, contactless processing, e-commerce payment gateways, and merchant settlement services; and delivers digital wallet integration, including Apple Pay, Google Pay, and Garmin Pay. Its Wealth Management and Treasury division offers private banking, discretionary asset management, mutual funds, mandatory and voluntary pension fund administration, international brokerage, securities custody, and fiduciary trust administration. Tracing its operational origins to the founding of Banco de América Central in 1952, BAC Holding International Corp. is headquartered in Panama City, Panama, and maintains banking, card acquiring, and financial operations across Costa Rica, Guatemala, Honduras, El Salvador, Nicaragua, and Panama, alongside offshore banking subsidiaries in Grand Cayman and the Bahamas. In recent corporate developments, the company was established as an independent publicly listed entity on the Colombian Stock Exchange (Bolsa de Valores de Colombia) under the ticker symbol BHI following its corporate spin-off and restructuring from Banco de Bogotá and Grupo Aval, transitioning from its predecessor entity, Leasing Bogotá S.A. Panamá. Following the spin-off, the company completed multiple public takeover bids (OPAs) that diversified its institutional shareholder base, notably through equity acquisitions by JGDB Holding. In operational and strategic initiatives, the company launched its Neto Positivo strategic roadmap focused on expanding green loans, renewable energy project financing, financial inclusion initiatives, and social impact lending throughout Central America, while continuing the modernization of its digital banking infrastructure with cloud-native payment gateways, AI-driven credit underwriting tools, and biometric authentication platforms.