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The Banco Pichincha is the largest private-sector bank in Ecuador, by capitalization and by number of depositors.It is the primary bank of the Pichincha Group (Grupo Pichincha), a business group that includes the companies associated with the bank and businesses related to Fidel Egas Grijalva and his family, which include Diners Club of Ecuador, Picaval and Teleamazonas.
According to the Ecuadorian Superintendency of Banks, as of 2012, the ten most profitable banks in Ecuador were (ordered by profit): Banco Pichincha, Banco del Pacífico, Banco de Guayaquil, Produbanco, Banco Internacional and Banco Bolivariano, Banco del Austro, Banco Solidario, Citibank Ecuador and Unibanco (now merged with Banco Solidario). [2]
National Bank for Economic and Social Development (BNDES) (Federal Government-owned) Espírito Santo Development Bank (BANDES) (State of Espírito Santo-owned); Minas Gerais Development Bank (BDMG) (State of Minas Gerais-owned)
Online banking, also known as internet banking, virtual banking, web banking or home banking, is a system that enables customers of a bank or other financial institution to conduct a range of financial transactions through the financial institution's website or mobile app. Since the early 2010s, this has become the most common way that ...
Digital banking involves high levels of process automation and web-based services and may include APIs enabling cross-institutional service composition to deliver banking products and provide transactions. It provides the ability for users to access financial data through desktop, mobile and ATM services. [1]
One of the most recent mobile technological wonders (Shaikh and Karjaluoto, 2015) and one of the most recent financial services sector innovations which has added a pure mobility element to service consumption (Mishra and Bisht, 2013; Oliveira et al., 2014) that in return enabled customers to have a convenient access to different value-added ...
The tightening of anti-money laundering regulations in many countries including most popular offshore banking locations means that bankers and other service providers are required by law to report suspicion of money laundering to the local police authority, regardless of banking secrecy rules. There is more international co-operation between ...
City National Bank of Florida (CNBFL), based in Miami, Florida, is the second-largest financial institution in the state with over $26 billion in assets. [1] CNBFL has 30 branches, from Miami-Dade County to the greater Orlando area, and nearly 1,000 employees. [2] Since 2015, CNBFL has been owned by Chilean bank BCI.