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Most profitable banks. 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 ...
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.
Bank name Country Total assets (billions of US$) 1 JPMorgan Chase & Co. United States: $2,622.53 2 Bank of America United States: $2,354.51 3 Citigroup Inc. United States: $1,917.38 4 Wells Fargo & Co. United States: $1,895.88 5 Royal Bank of Canada Canada: $1,039.24 6 Toronto-Dominion Bank Canada: $1,006.00 7 Goldman Sachs United States: $931.80 8
The Isaias Group was founded in the 1930 and since at least 1960 has been investing in the United States, mostly in real estate, business investments, and banking. In 1985, the group's bank, Filanbanco, was the sixth largest bank in Ecuador. By 1994, it had become the largest. [1]
Rank Bank name Total assets (2023) (US$ Billion) 1 Itaú Unibanco: 439.50 2 Banco do Brasil: 379.78 3 Banco Bradesco: 340.41 4 Caixa Econômica Federal: 300.63 5 Santander Brasil
The Central Bank of Ecuador (Spanish: Banco Central del Ecuador; BCE) is the central bank of the country, and an institution of the Executive Function, which has institutional, administrative, financial, and technical autonomy. It is in charge of executing the monetary policy established by the Monetary Policy and Regulation Board of Ecuador ...
Ecuador–United States relations. Ecuador and the United States maintained close ties based on mutual interests in maintaining democratic institutions; combating cannabis and cocaine; building trade, investment, and financial ties; cooperating in fostering Ecuador's economic development; and participating in inter-American organizations.
The Republic of Ecuador continues to produce its one centavo penny, which is minted by the Portuguese National Mint. Ecuador's decision to adopt the US dollar as its official currency originated with bank bailouts by the government, devaluation of its currency, and the government's fiscal deficit in 1999.