Financial Services

Importance of the sector in Guatemala

including 17 banks, 11 finance companies, 4 offshore entities, 28 insurance companies, 14 general deposit warehouses and Banco de Guatemala.

of assets in the financial sector with 88.4%, followed by entities outside the market.

that attracted the most foreign capital inflows in 2020 was finance and insurance.

in 2021. Remittances are very important for the country’s economy; they represent the main source of foreign exchange for Guatemala;

Competitive advantages

Excellent position worldwide, ranking 11/141 in the “Sounds of Banking” indicator, according to the World Economic Forum

It is characterized by a diversified and stable funding structure, and delinquency indicators close to 2%.

It is the largest financial system in the Central American region (excluding Panama).

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