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| Native name | Banco del Café |
|---|---|
| Company type | Private |
| Industry | Banking Insurance Pension funds |
| Founded | October 16, 1978 (1978-10-16) in Guatemala City |
| Defunct | October 19, 2006; 18 years ago (2006-10-19) |
| Headquarters | Guatemala City |
| Products | Retail Banking Insurance Investments Accounting & Payroll Mortgages Consumer Finance Credit cards |
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.
References
- "Ex-director of Bancafé, Patricio Andrade Falla, remains linked to the process" (in Spanish). Prensa Libra. February 6, 2018.
- "Bancafé quiebra en octubre de 2006" (in Spanish). Prensa Libre. October 19, 2016.
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