Central America and Caribbean’s best bank 2021: BAC International Bank
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Central America and Caribbean’s best bank 2021: BAC International Bank

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BAC International Bank is simply the biggest and most profitable bank in central America and the Caribbean. Across the region it has 311 full service branches, 11 in-store branches, eight digital branches and 43 drive-through agencies – and it also has the largest ATM network, with more than 2,000.

BAC is headed by chief executive Rodolfo Tabash, who has instigated a region-wide branch transformation that promotes self-service and digitization, with the aim of optimizing the bank’s physical footprint. He is building from strength. Over the past 19 years the bank has grown earnings at a compound annual growth rate of 9% and in 2020 generated $312 million in profit with a return on equity of 11.6% and a return on assets of 1.2%.

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Rodolfo Tabash

BAC has total assets of $26.8 billion, up 11.1% in 2020, as well as $20.9 billion in deposits (up 19.6%)

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