Sound market share in the corporate and commercial Guatemalan sector, and one of the three largest banks in the country; Significant investments in technology that enable it to achieve operational efficiencies; and Stable and diversified funding base that relies on retail deposits. Still high concentration in the commercial/corporate lending segment; Lower loan portfolio growth compared to that of the Guatemalan banking system; and High level of dollarization on its balance sheet. Our stable outlook on Banco G&T Continental (Banco G&TC) for the next 12 months mirrors that on Guatemala. The stable outlook also reflects our expectation that the bank will withstand the COVID-19 pandemic with adequate capital metrics despite rising credit losses and modest internal capital generation. If we downgrade
