Banco del Cafe
From Wikipedia, the free encyclopedia
Banco del Café (English: Bank of the Coffee), commonly known as Bancafé, was a bank in Guatemala that collapsed because of bad loans and panicked withdrawals set off by an investigation by Guatemala's Superintendencia de Bancos in 2006. This eventually brought the bank down.[1][2]
Native name
Banco del CaféTypePrivate
IndustryBanking
Insurance
Pension funds
Insurance
Pension funds
FoundedOctober 16, 1978 in Guatemala City
Native name | Banco del Café |
|---|---|
| Type | Private |
| Industry | Banking Insurance Pension funds |
| Founded | October 16, 1978 in Guatemala City |
| Defunct | October 19, 2006 |
| Headquarters | Guatemala City |
| Products | Retail Banking Insurance Investments Accounting & Payroll Mortgages Consumer Finance Credit cards |
