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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 ...
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]
History of Ecuador. The history of the Republic of Ecuador from 1830 to 1860 begins with the collapse of the nation of Gran Colombia in 1830, followed by the assassination of Antonio José de Sucre and the death of Simón Bolívar from tuberculosis the same year. Heartbroken at the dissolution of Gran Colombia, Bolívar is quoted to have said ...
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, Ecuadorian banking also ...
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Ecuador is a member of the United Nations (and most of its specialized agencies) and a member of many regional groups, including the Rio Group, the Latin American Economic System, the Latin American Energy Organization, the Latin American Integration Association, the Andean Community of Nations, and the Bank of the South (Spanish: Banco del Sur ...