Guatemala has the largest economic market in Central America, with a US$50,3 billion GDP for 2012, representing 27,8% of the region’s total GDP. Such economic growth continues based on a State policy to promote development; an approach that has fostered the simultaneous endeavours of the public and private sectors, in this way facilitating the economic boom and access to key global markets. The latest studies on investment banking highlight Guatemala’s great economic stability throughout its history.
Guatemala has a very solid financial system, excellent international reserve levels and the lowest foreign debt in the region. The Guatemalan financial system is integrated by 18 banks, 14 financial institutions, 15 bonded warehouses, 27 insurance companies, 2 foreign exchange entities, 7 off shore entities, 12 stock brokers among other institutions supervised by the Office of the Banks Superintendent (OBS). These institutions offer the investor a variety of financial services with the highest standards of quality and security.