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Bank of Guatemala

 

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The Bank of Guatemala (Spanish: Banco de Guatemala) is the central bank of Guatemala. The Bank of Guatemala was created in 1945, as an autonomous entity responsible for all of the functions that correspond to a central bank, and in order to establish the monetary conditions that would be able to favor the methodical development of the national economy both in a local and international scope to prevent the inflationary and speculative tendencies.

 
 

In addition to its responsibility to adapt the means of payment and credit policy to the necessities of the national economy, the Bank also promotes liquidity, solvency and good performance of the banking and financial institutions as well as the proper distributions of the credits; to keep the coordination of the economic and financial activities of the state with the monetary policy specially in its functions as banker, fiscal agent and advisor of the state.

The fundamental objects of the Bank of Guatemala are to:

♦ To contribute to the creation and maintenance of the most favorable conditions to the orderly development of the national economy;
♦ To propitiate the monetary exchange and credit conditions;
♦ To promote the stability in the general level of prices.

The Bank of Guatemala are located in
Guatemala City, Guatemala.

Bank of Guatemala HQ Location Map

Bank of Guatemala
HQ Address: 7A. Av. 22-01, Zona 1 Guatemala, C.A 365
Telephone: +502 2429 6000
Facsimile: +502 2253 4035
Website: www.banguat.gob.gt
SWIFT Code: BAGUGTGB
Currency: Quetzal
Banking Hours:
Mon - Fri : 9.00am - 3.00pm
 

 

The Bank of Guatemala has as fundamental objective, to contribute to the creation and maintenance of the most favorable conditions to the orderly development of the national economy, to which, will propitiate the monetary exchange and credit conditions that promote the stability in the general level of prices. Article 3 of the Decree Number 16-2002 of the Congress of the Republic of Guatemala, Organic Law of the Bank of Guatemala.
 
 

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