Banco de Guatemala (Bank of Guatemala)

By: EconomyWatch   Date: 9 September 2010

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The Bank of Guatemala was established in the year 1945. The bank was established as an autonomous institution to carry out all the functions of a central bank in the country. Since then the bank has been operating with an aim of bringing economic success to the country's economy.

The laws adopted to protect the Bank in the country are as follows:

  • Organic Law
  • Monetary Law and
  • Bank Law

Important objectives of the Bank of Guatemala is as follows:

  • Promoting development of the National Economy
  • Maintaining stability in the price level
  • Enhancing financial strength of the economy

The General Manager of the bank is the administrative head of the bank. He is answerable to the president of the bank and to the monetary board for the proper and efficient functioning of the bank.

The Address and Contact details of the bank is as follows:

Banco de Guatemala

Address:
7a. Av. 22-01, zona 1, P.O. Box 365
Guatemala GUATEMALA
Phone No.: ++502-230-6222; -6232
Fax: Fax: ++502-253-4035


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