A. M. Bancoagrícola participated in the Fintech Forum 2025, a space dedicated to the analysis and projection of the country’s financial future through technology. This event, which brought together leaders from the financial ecosystem, regulatory authorities, entrepreneurs, and representatives from the banking sector, provided a platform for addressing important ideas, such as the panel entitled”Regulation with Purpose: Incentivizing, Supervising, and Accelerating the Fintech Ecosystem”.
Dionisio Machuca, Vice President of Legal Affairs and Secretary General of Bancoagrícola, emphasized that El Salvador has user-friendly regulations and that these regulations are updated as needs arise.
The bank executive shared his vision of how banking institutions and Fintech companies can coexist and collaborate for the benefit of the country and its users in general. To this end, he emphasized the importance of regulation, the study of financial system regulations, and the evaluation of fintech business models for operating directly with the Banco Central.
“We have many elements of banking as a service that allow us to develop other businesses we had not considered on the horizon. Fintech companies require a series of services, and they can also provide services to us. There are interconnections that can make them more efficient”, Machuca mentioned.
The importance of having a regulator with sufficient capabilities to adapt and drive innovation without neglecting user protection was highlighted.
“I think the important thing is to give that value to regulation, to give that value to business opportunities, and to make them grow, which is ultimately what interests us all. So, with regulation, can we say that El Salvador’s is the best? Of course, it is ours, but it is of no use to me if it is not integrated with the world. What I am seeing right now is that integration as a possibility”, the vice president emphasized.
In addition, other topics were explored, such as transaction efficiency, institutional limitations, the advantages of foreign correspondents, and the influence of regulations in Europe and the United States.
As part of his involvement, the Legal Vice President highlighted the institution’s actions in the face of the Fintech landscape: “We ourselves invest in Fintech. Accelera (Nequi), of which we are owners, and Serfinsa, of which we are partners, is the Fintech with the greatest penetration in the salvadoran market. We are a sponsor of N1co and we work with Teip”.
The institution’s participation in this forum not only reflects its interest in digital transformation, but also its active role in building a more robust, transparent financial system that is adapted to new market dynamics.
