Guatemala Bank Failures and Risk Introduction – Some shy away from Guatemala for various reasons not understanding that it has the largest economy in Central America ($40,000,000,000 approx.). Their banks reflect this. The government of Guatemala watches the banks closely and has at times taken steps to correct problems thus protecting all the depositors which is as good as having government insurance on the bank deposits. And Guatemala does in fact have a Government Deposit Insurance fund for bank accounts, which is called FOPA and stands for Fondo para la Proteccion del Ahorrante. Guatemala Bank...
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