MD&M BAC 2025

MD&M 2025

BAC CORPORATE BANKING

THE LEADING BANK

IN CENTRAL AMERICA

CORPORATE STRATEGY

Development and well-being of our collaborators

Create impact in the communities where we operate

1952

The Bank of America was founded in Nicaragua.

1980s

The Group ventured into the banking business in Costa Rica.

OUR HISTORY

2005

Strategic partnership with GE consumer finance (GE acquired 49.99% of the group's shares)

2009

GE Capital increased participation to 75%.

2013

Acquisition of Grupo Reformador (Guatemala) and BBVA (Panama)

1970s

Credomatic companies launched their credit card operations.

1990s

Bank permits were obtained in the rest of the countries in Central America and the Group’s presence throughout the region was fortified.

2007

Acquisition of BAMER (Honduras), PROPEMI (El Salvador) and Miravalles Financial Corporation (Costa Rica)

2010

Grupo Aval de Colombia acquired 100% of GE shares

2021

BAC begins its triple positive value strategy

BAC establishes its alliance with BBVA 2023

2015

BAC establishes its alliance with BOFA

2022

BAC begins trading on the Colombian Stock Exchange

Our organization has almost 70 years of experience in offering financial products and services throughout the region. Today, our 4.3 million clients are served by almost 19,000 employees.

With an eye to an environment of permanent change and evolution, BAC has developed a digital banking system that is currently used by more than 2.3 million clients.

At BAC, we believe in strong and responsible business management – a value in line with our triple-positive strategy, which demonstrates our commitment to more prosperous countries via economic, social, and environmental axes. We are proud to be the region's first financial group to adhere to the United Nations’ Principles for Responsible Banking.

BAC’s products and services are designed to meet the needs of each of its clients.

THE LEADING BANK IN CENTRALAMERICA

AWARDS AND RECOGNITIONS

MILESTONES

COMPANIES THAT RELY ON OUR CAPABILITIES

INDUSTRY,

COMMERCE AND SERVICES

• Aliaxis

• BATCA

• Bimbo

• Kimberly Clark

• Pricesmart

• Bridgestone

• Phelps

• Dodge

• Philip Morris

• Office Depot

• Cemex

• Plycem

• Cargill

• Telefónica

• Dole

• Bimbo

• Kelloggs

• Hewlett Packard

MEDICAL DEVICES AND LIFE SCIENCES

• ALIGN Technology

• Arthrocare

• Edwards Lifesciences

• Viant

• Coopervision

• Nitinol Devices

• Fisher Scientific

• Coloplast

• Allergan

• Glaxo SmithKline

• Nevro Medical

PORTFOLIO PRODUCT

• Host to Host

• SWIFT

• Automatic Bank Conciliation

• ERP Connector

• Páguelo

• POS

• Request to pay

• PAYBAC

• Bid and perforrmance bonds

• Letter of credit

• SBLC

• FX

• Payroll and Supplier Payments

• ACH Transfers

• International Wire transfer

• Rapibac

• ATM Full

• Armored cars

• In House Teller

• Virtual deposit

• Ameritr@nfer - Regional Transfers • Working capital • Credit cards • Leasing • Factoring

• Online Banking

• Mobile Banking

• Utilities Payments

• Tax and Social Security Payments

Loans

DIGITAL CORPORATE TREASURY

HOST TO HOST

H2H connectivity enables the bank to exchange information in their corporate preferred file formats, network protocols, and security standards.

We integrate your financial system SAP ERP with the bank. Simplify this work with the use of ERP

Connector to increase the efficiency and security of the processes and reduce the implementation time.

Allows sending payments instructions and reporting from treasuries and administrative offices through SWIFT Network

ONLINE BANKING

A CONSOLIDATED REGIONAL PLATFORM

Single user access

SECURITY

User and groups administration, joint approval

Approval users and TOKEN 2FA

Business Continuity Management Task Force

FEATURES

GPI, FX, Tax, Customs Payments

Reports:

• Payroll and suppliers

• Historical public services transactions

• Corporate credit cards

• Merchants

Self-service product management and requests Queries, payments and transfers (all countries)

AMERITRANSFER

BENEFITS

Regional Treasury tool that allows international fund transfers from your smartphone, tablet or computer within BAC CentralAmerican accounts

Real time fund transfers

Allows for multiple transfers

Joint approval functions

Template creation and storage functionalities

Low cost service

SYSTEM FOR ONLINE BILL PAYMENT

PÁGUELO PAYBAC

Regional Service

Upload and publish invoicesOnline Banking

24/7 collection

Collection call center:

Allows your customers to pay by phone through BAC´s Call Center

Service available in Costa Rica

Publish invoices on a Web page with a personalized look & feel for your clients to register and pay from their bank account at any bank in the country.

24/7 collection

WE THINK OF YOUR EMPLOYEES

SERVICE CHANNELS

Exclusive Payroll executive

WhatsApp and web chat attention

DIGITAL SOLUTIONS AND SECURITY

EBS- Online friendly banking

Mobile Banking

Código BAC

Secure payment mechanisms

BENEFITS AND SPECIAL PROGRAMS

More than 30 different customized services and benefits to employees

PAYROLL PAYMENT BENEFITS FOR EMPLOYEES

RECEIVE THEIR SALARIES THROUGH BAC No minimum balance required No monthly or annual account fee for the employee

Debit card without cost

Debit and credit alerts on account, debit and credit cards Points and Discounts at “Mi Promo” APP

Advertising campaigns according to employees preferences.

Financial Education Program as part of our commitment to social responsibility, we offer personal financial education programs related to saving, budgets, personal finances, among others.