The proceeds will go to fund small and medium-sized enterprises (SMEs) in Guatemala with medium- and long-term loans aimed at modernizing and/or expanding these enterprises.
InterBanco was founded in 1975 by Grupo Fierro. Toward the end of 2012, the bank changed its image and changed its commercial name to InterBanco. The new strategy seeks to turn InterBanco into a medium-sized bank in Guatemala that provides high-quality services. The bank has 59 branches in the country.