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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 .
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 ...
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 ...
Banking in Ecuador. Banking in Ecuador has a long history. At the time of the dissolution of Gran Colombia and its formation as a republic, Ecuador 's economy was generally not monetized; gold and silver coins were circulated, and were brought into common use by successive currency laws. [1] Little by little, with the growth of the nation ...
Banco del Ecuador, founded in 1867, began operations at Guayaquil in 1868, issuing overprinted notes of the Luzarraga bank for 1, 4, 5, and 10 pesos. It issued new notes in 1870 for 2 and 4 reales and 1 peso.
Ecuador, [a] officially the Republic of Ecuador, [b] is a country in northwestern South America, bordered by Colombia on the north, Peru on the east and south, and the Pacific Ocean on the west. Ecuador also includes the Galápagos Islands in the Pacific, about 1,000 kilometers (621 mi) west of the mainland. The country's capital is Quito, but its largest city is Guayaquil .
Ecuador, officially the Republic of Ecuador, is a country in northwestern South America, bordered by Colombia on the north, Peru on the east and south, and the Pacific Ocean on the west. Ecuador also includes the Galápagos Islands in the Pacific, about 1,000 kilometers (621 mi) west of the mainland. The country's capital is Quito, but its ...
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