BAM Earns Top-Tier Credit Ratings, Highlighting Financial Stability in Guatemala
BAM receives BB+ from Fitch and AAA.gt from Moody’s, reinforcing its financial strength and strategic position in Guatemala’s banking sector.
BAM continues to reinforce its position within Guatemala’s banking sector after receiving strong credit ratings from both Fitch Ratings and Moody’s Local Guatemala, highlighting its financial stability, growth, and strategic backing.
Fitch Ratings assigns BB+ with Stable Outlook
Fitch Ratings assigned BAM a BB+ rating with a Stable Outlook, emphasizing the bank’s strategic role within Grupo Cibest. The agency also ranked BAM among the five largest banks in Guatemala, based on its financial performance and sustained credit expansion.
The report highlighted key operational strengths, including stable funding and adequate liquidity levels. These factors reflect the bank’s ability to maintain control over its resources while continuing a steady expansion in lending activities, reinforcing its position in the national banking system.
Moody’s grants AAA.gt rating with Stable Outlook
In parallel, Moody’s Local Guatemala assigned BAM a AAA.gt rating with a Stable Outlook, one of the highest ratings within its local scale.
According to the agency, this rating reflects the strong support provided by its shareholder, Grupo Cibest. The evaluation also considers the bank’s operational and commercial standards, as well as its credit profile, which is primarily focused on wholesale lending as part of its broader business banking strategy and engagement with productive sectors.
Grupo Cibest’s backing as a key pillar
Both rating agencies highlighted Grupo Cibest’s support as a central factor in BAM’s stability. This backing includes strategic direction, governance, and operational coordination, which are reflected in how the institution conducts its business.
The reports also pointed to a solid funding structure and controlled liquidity risks, underscoring a consistent and disciplined financial approach.
Federico Bolaños Coloma, CEO of BAM, stated: “For nearly 100 years, we have prioritized the well-being of our clients, actively contributing to Guatemala’s economic development. These ratings reflect a more conscious approach to banking, with close support that fosters sustainable growth for individuals and businesses over time.”
Long-term vision focused on sustainable growth
BAM aims to remain a relevant player within the financial system, supported by international backing and a strategy centered on sustainable development and customer well-being.
The latest ratings reaffirm the bank’s commitment to maintaining financial strength while continuing to support economic activity across Guatemala.
