
Welcome to our guide on “Current Banks in El Salvador: A Simple Overview“. In this post, you’ll find a concise list of the banks currently operating in El Salvador, offering a snapshot of the country’s financial landscape.
We aim to provide you with an easy reference to the institutions available for various banking needs, whether it be savings accounts, loans, or other financial services.
It’s important to note that the banking scene can change over time due to mergers or acquisitions, so staying informed is key. Whether you’re a local resident or someone with an interest in the Salvadoran financial market, this overview will serve as a practical resource.
Let’s explore the current roster of banks serving El Salvador today.
El Salvador boasts a diverse range of banking institutions that cater to the financial needs of individuals, businesses, and cooperatives. In this post, we’ll explore the banks currently operating in the country, providing a straightforward overview without diving into technical details on their operations.
These banks are regulated by the Superintendencia del Sistema Financiero (SSF), ensuring that they meet necessary standards to operate within the country. The banking sector in El Salvador includes both traditional banks and cooperative banks. Let’s take a closer look at the banks currently present in El Salvador:
Traditional Banks in El Salvador
Original name in Spanish | Name in English (translated) | Notes/Observations |
---|---|---|
Banco AgrÃcola | Agricultural Bank | Originally, it focused on financing agriculture and the rural sector, but it now operates normally with all types of clients—only “agricultural” remains in its name. |
Banco Promerica | Promerica Bank | Part of a regional network that offers integrated financial services to both businesses and individuals, known for its innovative solutions. |
Banco Cuscatlán | Cuscatlán Bank | Recognized for its comprehensive range of financial services and its commitment to local economic development. |
Banco de Fomento Agropecuario | Agricultural Development Bank | Specializes in promoting the agricultural sector by providing credit and technical support to boost rural and agricultural initiatives. |
Banco Davivienda de El Salvador | Davivienda Bank of El Salvador | A branch of a renowned international institution, focusing on innovation and personalized customer service. |
Banco Azul de El Salvador | Blue Bank of El Salvador | Known for its modern, digital-first approach that facilitates access to financial services through online platforms and advanced technology. |
Banco Industrial El Salvador | Industrial Bank El Salvador | One of the oldest and most stable banks in the country, with extensive experience in financing industrial and commercial sectors. |
Banco G&T Continental El Salvador | G&T Continental Bank El Salvador | Part of a regional financial group offering specialized solutions for corporate clients and investors. |
Banco Atlántida El Salvador | Atlantida Bank El Salvador | Provides comprehensive banking services with an extensive branch network that caters to a diverse range of market segments. |
Banco Hipotecario de El Salvador | Mortgage Bank of El Salvador | Focuses on mortgage financing and housing loans, making homeownership more accessible to Salvadorans. |
Banco de America Central (BAC Credomatic) | Central American Bank – BAC Credomatic | Operates across several Central American countries, offering a wide range of financial services to both individuals and businesses. |
Banco ABANK (antes Banco Azteca) | ABANK, formerly Azteca Bank | After rebranding, the bank has focused on expanding access to financial services, particularly emphasizing microfinance and serving traditionally underserved clients. |
Citibank | Citibank | Although it does not operate physical branches under the “Citibank” brand, it maintains a presence in El Salvador through corporate operations and digital financial services. |
Cooperative Banks in El Salvador
Cooperative banks play a significant role in El Salvador’s financial ecosystem, offering banking services through a cooperative model that prioritizes benefits for community members. Here are the cooperative banks currently operating:
- FEDECRÉDITO: Federación de Cajas de Crédito y de Bancos de los Trabajadores (Federation of Credit Unions and Workers’ Banks)
- Banco de los Trabajadores Salvadoreños (Salvadoran Workers’ Bank)
- Primer Banco de los Trabajadores (First Workers’ Bank)
- Banco Izalqueño de los Trabajadores (Izalqueño Workers’ Bank)
- Banco Cooperativo Visionario de R.L. (ACCOVI de R.L. o BANCOVI de R.L.) (Visionary Cooperative Bank)
- Multi Inversiones Banco Cooperativo de los Trabajadores, S.C. de R.L. de C. (Mi Banco El Salvador) (Multi Investment Cooperative Bank of Workers)
- Comédica de R.L.:Asociación Cooperativa de Ahorro y Crédito del Colegio Medico de El Salvador de R.L. (Savings and Credit Cooperative Association of the Salvadoran Medical College)
Final Thoughts
El Salvador’s banking sector is robust and active, supported by the country’s strong legal certainty, which contrasts with challenges faced by several other nations in Spanish-speaking America; offering a blend of traditional and cooperative banks that provide diverse financial products.
While this list captures the current banks in the country, keep in mind that the sector may evolve over time.

Whether you are seeking personal banking services, loans, or simply looking to understand the financial structures within El Salvador, these institutions play a crucial role in the nation’s economic framework.
We hope this overview helps you navigate the banking options available in this Central American nation.