As of March 2025, Guatemala's credit market reached a total loan portfolio of GTQ 357.4 billion, reflecting a 2.7% growth compared to December 2024. This expansion highlights sustained demand across multiple financing segments, especially in fiduciary and consumer-related loans.
Fiduciary loans continue to dominate the market, with a portfolio of GTQ 196.9 billion, up 3.1% quarter-over-quarter. This segment represents more than half of the total credit volume, underlining its central role in the country's financial system. Mortgage lending also saw an increase of 1.9%, reaching GTQ 82.4 billion, indicating stable growth in long-term financing and real estate activity.
Consumer credit is showing signs of acceleration. Credit card loans grew by 2.4%, totaling GTQ 37.6 billion, while pledges (prendarios) experienced the most dynamic performance, with a 9.9% quarterly increase, reaching GTQ 18.2 billion. This jump suggests heightened activity in short-term and asset-backed lending, potentially driven by retail or vehicle financing. Conversely, the category of "other types" of financing contracted slightly, falling by 1.7% to GTQ 22.3 billion.
Market Shares
The market remains highly concentrated, with the top five institutions controlling 77.1% of the total portfolio. Banco Industrial leads by a wide margin, holding a 29.1% share, followed by Banrural with 17.3%, G&T Continental at 11.4%, BAM with 9.7%, and BAC at 9.6%.
In the fiduciary segment, Banco Industrial commands a dominant 37.1% share, followed by Banrural and Bantrab with 14.0% and 13.5%, respectively. For mortgage loans, Banrural leads with 21.0%, slightly ahead of Banco Industrial at 19.6%, and BAC at 16.4%. The credit card segment is led by Banco Promerica, which holds a strong 29.2% share, while BAC and G&T Continental follow with 14.5% and 13.6%, respectively. In pledge-backed loans, Banco Industrial again leads with 32.2%, with Banrural at 22.2% and G&T Continental at 18.8%.
These figures underscore the dominance of a few large players across all credit categories, as well as the growing diversification of loan types, particularly in consumer and collateralized lending. The positive momentum seen in early 2025 suggests that Guatemala's financial sector continues to expand, driven by strong institutional performance and a broadening appetite for credit solutions among households and businesses.