El Salvador: Banco Azul Starts Operating

The new entity, founded with 100% local capital, has started operating two branches offering products such as savings and checking accounts, personal loans, mortgages and corporate lending.
The entity started with an initial capital of $60 million, provided entirely by Salvadoran investors, as reported by representatives of the bank when they started the license application process.

The two branches operating at the moment are Azul Olímpica and Azul Santa Tecla, but "...The bank said it will complete its first phase of opening in July with nine agencies located in the greater San Salvador area and in the main cities of the country, besides the two aforementioned branches, those in Santa Elena, Soyapango and Masferrer will be the next to be opened between 20 and 25 of July. "

In addition to "... products such as savings and checking accounts, personal and business loans, mortgage lending," "... it provides personalized customer services through home banking and a call center with attention to domestic residents and those from abroad. Banco Azul estimated that it will complete its range of products and services within a year. "

Source: centralamericadata.com