Cibest Group has delivered $70 million in subordinated financing to Banco de América (BAM), a Guatemalan financial institution. This significant investment is intended to bolster BAM’s lending capacity, primarily focusing on Guatemala’s productive sector. The funds will allow the bank to expand its credit portfolio and support economic growth within the country. This injection of capital signals confidence in BAM’s financial stability and its role in fostering development. Cibest’s financing will enable BAM to reach more businesses and individuals with credit opportunities. The move is expected to have a positive impact on the Guatemalan economy by stimulating investment and job creation. BAM anticipates utilizing these resources to meet increasing demand for loans across various industries.