The material on this site is for financial institutions, professional investors and their professional advisers. It is for information only. Please read our Terms & Conditions, Privacy Policy and Cookiesbefore using this site. Please see our Subscription Terms and Conditions.

All material subject to strictly enforced copyright laws. © 2022 Euromoney, a part of the Euromoney Institutional Investor PLC.

Latin America’s best bank for SMEs 2022: Banco Lafise

Banco Lafise takes the award for the region’s best bank for small and medium-sized enterprises this year because of the adaptation of its 2021 growth model to an SME-centric approach – in line with its home market’s biggest needs.

Lafise is one of the leading banks in Nicaragua and targeting the SME segment has paid off handsomely, with its SME loan portfolio having grown by 36.2%.

Overall, the bank’s loan portfolio only grew by 6.7% in 2021, which illustrates the outsized role that SMEs had in Lafise’s performance last year.

The bank has a particular focus on the country’s agricultural sector, which is the biggest employer in the country. Overall, it increased its client base by 10,000 – a growth rate of 25%.

The bank rolled out new services that target SMEs: MiWeb enables SMEs to sell their products online without the need for digital investment, while PYME integrates digital revenues into a financial platform that allows SMEs to process all types of payments and manage internal costs and financial processes purely online.

You have reached premium content. Please log in to continue reading.

Read beyond the headlines with Euromoney

For over 50 years, our readers have looked to Euromoney to stay informed about the issues that matter in the international banking and financial markets. Find out more about our different levels of access below.


Unlimited access to and

Expert comment, long reads and in-depth analysis interviews with senior finance professionals

Access the results of our market-leading annual surveys across core financial services

Access the results of our annual awards, including the world-renowned Awards for Excellence

Your print copy of Euromoney magazine delivered monthly

£73.75 per month

Billed Annually


Unlimited access to and, including our top stories, long reads, expert analysis, and the results of our annual surveys and awards

Sign up to any of our newsletters, curated by our editors


Already a user?