Guatemala: Banking Assets Up 7%

©image: Andrew Magill

According to data provided by the banking superintendence, the 5 largest banks account for 79% of the total.

"Banco Industrial tops the list of largest banks, followed by G&T Continental, Banrural, Banco Agromercantil and Banco Reformador", reported Elperiodico.com.gt.

Source: elperiodico.com.gt

More on this topic

Panama: $76.250 million in banking assets

February 2009

Panama's International Banking Center recorded $76.250 million in assets by the end of 2008.

DialogoCiudadano.com publishes: "Olegario Barrelier, Banking Superintendent, spoke about the subject in his presentation 'Panama's Banking System: 2008 Performance and Challenges facing a New Economic Situation', to industry delegates and members of the press.

Largest Central American Banks

October 2009

The top three are Panamanian: HSBC, General and Nacional. They are followed by Banco Nacional from Costa Rica, Bladex from Panama and Agrícola from El Salvador.

Business magazine América Economía published its ranking "Latin America's largest Banks", from which we extracted the 42 Central American banks included.

Two Proposals for Stanford Bank Panama

June 2009

The Panamanian Superintendent of Banks reported that they have received two proposals to purchase 100% of the shares.

The offers are being analyzed by the custodial representatives that were named by U.S. authorities.

According to the press release by the SBP, as published in Invertia: "The custodian requires certain conditions that must be agreed upon and they have reserved that right to negotiate with any of the offer makers."

Bids Presented to Buy Stanford Bank in Panama

April 2009

At least three entities will present their bids today for the purchase of the bank's assets and the brokerage firm.

Since the fraud investigations that were conducted in the US last February against the group's main shareholder, Stanford Bank Panama is under the control of the Superintendent of Banks.