Overview Key strengths Key risks Largest bank in Guatemala with a leading market share in terms of loans and deposits, which provides business stability. The large informal sector and low GDP per capita limits the potential to increase its retail loan portfolio more rapidly. Ample financial flexibility due to large and stable retail deposit base. Higher foreign-currency loan exposure compared to the Guatemalan banking system average. We think Banco Industrial's (BI) leading market position, recognizable brand, and stable deposit funding structure will continue providing business stability and financial resilience, even during adverse market and economic conditions. These strengths, along its recent digital investments, will continue to boost its market access and business diversification. . BI's funding structure, which has historically
