Banco G&T Continental S.A.

Overview Key strengths Key risks Relevant market share in the Guatemalan corporate and retail sector as one of the three largest banks in the country. Potential pressures on asset quality due to relevant growth in retail loan book. Improving profitability and adequate capitalization following efficiency strategies implemented. Higher foreign currency loan book exposure compared to the Guatemalan banking system?s average. Financial flexibility due to large and stable retail deposit base. The large informal sector and low GDP per capita limit the potential to increase loan portfolio more rapidly. We believe the bank's market position as the third largest bank in Guatemala will enable it to maintain its business stability and resilient financial performance. We expect the bank?s loan book to

...Banco G&T continues reflecting business stability, based on its consistent business growth and increasing operating revenues, although its geographic diversification has shrunk. We believe the bank's market position as the third largest bank in Guatemala will enable it to maintain its business stability and resilient financial performance. We expect the bank's loan book to grow at about 9.5% year-on-year in 2023 and 2024, while it continues strengthening its market share in the country, particularly in the corporate and consumer segments....

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