Your question: What banks are there in Guatemala?

What is the best bank in Guatemala?

In 2019, Banco G&T Continental was Guatemala’s leading bank based on total assets. In that year, this financial institution reported assets amounting to 6.82 billion U.S. dollars. Banco América Central ranked second, with nearly 3.9 billion dollars worth of assets.

Can I open a bank account in Guatemala?

Anyone wishing to open a bank account in Guatemala must provide the following documentation: Personal ID. … Foreign nationals living in Guatemala must provide a residence permit. In certain cases, the bank may also require a reference to be able to complete the process of opening an account.

How many banks are in Guatemala?

According to information from the SIB, Guatemala’s 17 commercial banks had an estimated USD 43.75 billion in assets in 2018. The six largest banks control about 89 percent of total assets.

Does Guatemala have banks?

Designed by architects José Montes Córdova and Raúl Minondo, the iconic bank stands within the heart of the city’s civic center.

Bank of Guatemala.

Headquarters Guatemala City, Guatemala, Guatemala
Currency Guatemalan quetzal GTQ (ISO 4217)
Reserves 7 270 million USD
Bank rate 3.50%
Website www.banguat.gob.gt

What is the main currency of Guatemala?

The Guatemalan quetzal (GTQ) is the official currency of Guatremala, first appearing in 1924. The quetzal is a free floating currency, but was once pegged to the U.S. dollar and before that adhered to the gold standard. Guatemala is the largest economy in Central America, and tenth-largest in Latin America.

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Who is on the Guatemalan quetzal?

The Guatemalan Quetzal was introduced in 1925 during the tenure of President Jose Maria Orellana, whose image still appears on the obverse of the one-quetzal notes.

Is Guatemala a country or city?

Guatemala, country of Central America. The dominance of an Indian culture within its interior uplands distinguishes Guatemala from its Central American neighbours. The origin of the name Guatemala is Indian, but its derivation and meaning are undetermined.

Does Honduras have a central bank?

The Central Bank of Honduras (Spanish: Banco Central de Honduras) is the central bank of Honduras. The current bank president is Wilfredo Cerrato. The Bank was established on 1 July 1950.