Guatemala banks are the financial establishments in Guatemala, where money is kept for saving or is invested for loans. Guatemala banks are primarily responsible for making and receiving payments to individual or other business entities.
Bank of Guatemala
The Bank of Guatemala is the central bank of Guatemala, which was established in the year 1945. The Bank of Guatemala primarily deals with legal instruments like Organic Law, Monetary Law and Bank Law.
Some of the other activities of the central bank of Guatemala include providing liquidity, solvency and good performance of the financial institutions and supervising country’s international monetary reserves in Guatemala.
Targets of Bank of Guatemala
The bank of Guatemala targets to achieve and maintain the stability of the level of prices and propel the economic development of the country.
The bank of Guatemala also targets to promote methodical management of the country’s banking system. The bank also looks for the maintenance of favorable monetary conditions of the national economy and maintains the economic equilibrium of the country. The primary mission of the bank is to preserve the national currency value and maintain the price stability.
Some of the leading banks in Guatemala are:
BANCO DE GUATEMALA
7 Avenida 22-01, zona 1
CREDITO HIPOTECARIO NACIONAL
7 Avenida 22-77, zona 1
BANCO NACIONAL DE LA VIVIENDA (BANVI)
6 Avenida 1-22, zona 4
BANCO NACIONAL DE DESARROLLO AGRICOLA (BANDESA)
9 Calle 9-47, zona 1
Some of the private banks in Guatemala are:
BANCO AGRICOLA MERCANTIL
7 Avenida 9-11, zona 1
5 Avenida 12-38, zona 1
BANCO DE LA CONSTRUCCION S.A. (CONSTRUBANCO)
12 Calle 4-17, zona 1
BANCO DE LOS TRABAJADORES
8 Avenida 9-41, zona 1
BANCO DE OCCIDENTE
7 Ave. 11-15, zona 1
Last Updated on : 25th June 2013