Cuscatlan Bank (Banco Cuscatlan) Begins Operations in Honduras

By Karla Ramos  |  Sep 18th, 2023
Cuscatlan Bank HondurasBanco Cuscatlan.

Hondurans woke up today with the news that Cuscatlan Bank (Banco Cuscatlan) would begin operating in Honduras.

Today, Cuscatlan Investments Central America announced that it is fully entering the Honduran banking market. Cuscatlán Investments received authorization to purchase the majority of shares of Banco de los Trabajadores (Worker’s Bank).

The products and services under the Banco de los Trabajadores brand will pass to Banco Cuscatlan,; which will maintain the current conditions, and clients will be able to carry out their transactions and procedures through the agencies and channels of Banco Cuscatlan.

We believe in Honduras, and we believe in Central America, this step ratifies our regional vision to generate value responsibly and sustainably for Central Americans, bringing financial solutions of excellence with innovation through a more human banking focused on providing the best experience in service to our clients with a Cuscatlán smile. Federico Nasser, Cuscatlan Investments president.

With a dynamic expansion plan, Banco Cuscatlan will initially serve its clients in 32 nationwide branches. Cuscatlan Investments anticipates that in the next 6 months, they will open 10 new strategically located agencies nationwide.

With the arrival of Banco Cuscatlán to Honduras we will experience an important stage for the national banking system, we are adding in-depth knowledge of a solid operation of a local bank and applying the best regional and international practices. Ferdinando Voto, Banco Cuscatlan board president.

Cuscatlan Investments is the holding company for financial entities in the region, which includes Banco Cuscatlan El Salvador, the second-largest bank in the area, with nearly 800,000 clients and more than $3,900 million in assets at the end of 2022.