As a founding member of HUGE, Banco CUSCATLAN joins the select group of leading regional companies from various sectors in the Northern Triangle that will encourage the attraction of new and sustainable investments in the region to create new and better opportunities for growth and development so that young people can aspire to have a better quality of life in their own country.

"We see enormous potential to lay the foundations for a true regional business platform that will allow us to multiply the economic and social impact that we are already promoting for the families of each of our countries, by doing so in an articulated manner, taking advantage of our strategic location and the interest of the United States in supporting this type of initiative, which in addition to generating development, curbs illegal migration and all the dangers that this entails for our people", said Eduardo Montenegro, Chairman of the Board of Directors of Banco CUSCATLAN and representative to HUGE.

Like Banco CUSCATLAN, HUGE's founding regional leaders have significant investments in sectors such as agriculture, finance, textiles, manufacturing and communications. This leadership provides a unique perspective on local and regional investment opportunities. They also make the Northern Triangle countries and the United States a launching pad from which to serve the region and global markets.

"The objective is to integrate companies with similar objectives, thus improving the regional investment climate through the promotion of strategic projects. The integration of Banco CUSCATLAN into HUGE is key for us, since all development comes with good financing that allows us to mobilize and channel resources to priority sectors based on strict environmental, social and governance principles", said Greg Huger, executive director of HUGE.

Among the commitments made by Banco CUSCATLAN as founder of HUGE are the facilitation of business between companies in priority clusters, identification and financial support for strategic projects for the Northern Triangle, prioritization of education and professional training, as well as the creation of conditions that allow citizens of the region access to affordable credit, and promoting the adoption of renewable energies within its client companies.

Translated by: A.M