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State to pay Bank of Guatemala's losses

Friday, January 31, 2014

The Bank of Guatemala's, Banguat, operational losses will be paid through a bond emission by the Finance Ministry, the bank's president Edgar Barquín said.

The banks operational losses currently stand at $426.4 million.

Barquín also asked Congress to include any modifications to the State's budget in the State's debt with the bank.

Source (in Spanish): Prensa Libre