Bank of Guatemala

The Bank of Guatemala (Spanish: Banco de Guatemala) is the central bank of Guatemala. It was established in 1945.

Bank of Guatemala
Banco de Guatemala
HeadquartersGuatemala City, Guatemala, Guatemala
Established1945
Ownership100% state ownership[1]
President of the Bank of GuatemalaSergio Francisco Recinos Rivera
Central bank ofGuatemala
CurrencyGuatemalan quetzal
GTQ (ISO 4217)
Reserves7 270 million USD[1]
Bank rate3.50%
Websitewww.banguat.gob.gt

It is one of the most recognized Brutalist themed architectural structures. Designed by architects José Montes Córdova and Raúl Minondo, the iconic bank stands within the heart of the city's civic center. In collaboration with Guatemalan artists Dagoberto Vásquez Castañeda and Roberto González Goyri, the design highlights its Mayan heritage through the decorative East and West facing façades. Standing at 40 meters high, the concrete structure, in its materiality, reflects the Brutalist movement and its emphasis on a utilitarian design approach, but also slightly combats the movement due to the unique details of its façade. The beautiful design expresses an ornate subtlety which pays homage to the artistic importance Guatemalan culture has had on its urban landscape.

Governance

Sergio Francisco Recinos Rivera has been President of the bank since October 2018.[2]

Former Presidents of the Bank of Guatemala
  1. Manuel Noriega Morales (1946–1954)
  2. Manuel Béndfeldt Jáuregui (1954)
  3. Gabriel Orellana Estrada (1954–1958)
  4. Gustavo Mirón Porras (1958–1960)
  5. Arturo Pérez Galliano (1960–1966)
  6. Francisco Fernández Rivas (1966–1970)
  7. Augusto Contreras Godoy (1970–1974)
  8. Manuel Méndez Escobar (1974–1978)
  9. Plinio Alfredo Grazioso Barrilas (1978–1982)
  10. Jorge González del Valle (1982)
  11. Armando González Campo (1983)
  12. Carlos Humberto Alpíre Pérez (1983–1984)
  13. Oscar Alvarez Marroquín (1984–1985)
  14. Jorge Luis Monzón Juárez (1985–1986)
  15. José Federico Linares Martínez (1986–1987)
  16. José Miguel Gaitán Ramírez (1987–1989)
  17. Lizardo Arturo Sosa López (1989–1990)
  18. Oscar Humberto Pineda Robles (1990–1991)
  19. José Federico Linares Martínez (1991–1993)
  20. Lizardo Arturo Sosa López (1993)
  21. Willy Waldemar Zapata Sagastume (1993–1997)
  22. Edin Homero Velázquez Escobedo (1997–2000)
  23. Lizardo Arturo Sosa Ramirez (2000–2006)
  24. María Antonieta Del Cid Navas de Bonilla (2006–2010)
  25. Edgar Baltazar Barquín Dúran (2010–2014)
  26. Julio Roberto Suárez Guerra (2014–2018)
  27. Sergio Francisco Recinos Rivera (2018-)

Source: Bank of Guatemala[2][3]

See also

References
  1. Weidner, Jan (2017). "The Organisation and Structure of Central Banks" (PDF). Katalog der Deutschen Nationalbibliothek.
  2. "Cronología de Autoridades del Banco de Guatemala: Presidentes, Vicepresidentes y Gerentes - Presidentes". banguat.gob.gt. Archived from the original on 11 December 2011. Retrieved 2 February 2016.
  3. http://www.banguat.gob.gt/inc/ver.asp?id=info/presidente&e=134271
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