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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]
After the Liberal Revolution came a period called the Banking Plutocracy (Plutocracia bancaria) that was dominated by private banking, especially by the Commercial and Agricultural Bank of Guayaquil (Banco Comercial y Agrícola de Guayaquil). This period ended with the July Revolution (Revolución Juliana) of 1925. [2]
Banco Central del Ecuador Headquarters: Quito: Established: August 10, 1927; 97 years ago () Ownership: 100% state ownership [1] Key people: Guillermo Avellán Solines: Central bank of: Ecuador: Currency: None 1: Reserves: 8,458.7 million USD (December 2022) Website: www.bce.fin.ec: 1 Previously Ecuadorian sucre (ECS) until March 2000.
Operations in Peru acquired by Banco de Credito del Peru (Santander returns to Peru in 2007) BankBoston Peruvian operations acquired by Banco de Credito del Peru; Banco de Lima Sudameris Merged with Banco Wiese and rebranded as Banco Wiese Sudameris; NBK Bank; Banco del Pais; Banco Republica; Bancosur
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.
In 1994 Lasso became the CEO of Banco Guayaquil. [4] His brother-in-law Danilo Carrera Drouet previously was CEO of Banco Guayaquil from 1983 to 1984. [32] As a part of his tenure, he founded the Bancos del Barrio program, a community banking initiative that brought in local shopkeepers as economic partners with the bank in planning and ...
It also established Banca Italiana e Romena (Romcomit) by assuming the branches in Transylvania of Banca Agrara Timisana. BCI also acquired a stake in Prague-based Böhmische Union Bank. [3] Lastly, Società Italiana de Credito Commerciale changed its name to Società Italiana di Credito. 1923: BCI established Banco Italiano – Guayaquil in ...
A strong earthquake struck southern Ecuador on 18 March 2023. [1] It measured 6.8 on the moment magnitude scale, and struck with a hypocenter 68.0 km (42.3 mi) deep. [1] The epicenter was located in the Gulf of Guayaquil, off the coast of Balao Canton and about 80 kilometres (50 mi) south of Guayaquil. [2]