Comprehensive List of Banks in Ecuador with Details

Ecuador has a well-established banking system with numerous options for both local and international clients.

Banco Pichincha is one of the largest and most popular banks in Ecuador, with over 300 branches across the country.

Banco del Austro (BDA) is another major player, offering a wide range of financial services to its customers.

Banco Guayaquil is a privately-owned bank that has been in operation since 1992, providing banking services to individuals and businesses.

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Ecuador's banking sector is a diverse blend of public, private, and cooperative institutions, all regulated by the Central Bank of Ecuador.

The sector has made significant strides in modernizing its infrastructure, with a growing focus on digital banking services, mobile payments, and online platforms, improving efficiency and accessibility for the general population.

Ecuador has prioritized financial inclusion, particularly in rural and underserved areas, through initiatives that provide microcredit, promote savings, and enhance financial literacy.

The banking sector remains resilient despite challenges such as economic volatility, regulatory changes, and external debt pressures in Ecuador's dollarized economy.

For another approach, see: Banking in Ecuador

Here are some of the major banks in Ecuador:

Ecuador's banking sector is quite diverse, with a mix of public, private, and cooperative institutions. This diversity has contributed to the country's economic growth.

Some of the private-sector banks in Ecuador include Banco del Pacífico, which is headquartered in Guayaquil and has a revenue of $4.41 billion. Another notable private bank is Banco Pichincha, which is headquartered in Quito and has a revenue of $5.88 billion.

Here's a list of some of the other private banks in Ecuador:

Banco Internacional is a private financial institution established in 1973. It has more than 500,000 active clients.

The bank operates with around 80 branches and offices nationwide. It has a presence in 18 provinces and 30 cities across Ecuador.

As of June 30, 2024, the bank's total assets amounted to US$5.3 billion. This is a significant amount of money, and it shows the bank's financial stability.

Banco Internacional is a subsidiary of Spanish Fierro Group (Grupo Iberoamericano de Fomento or IF Group). This means they have a strong connection to Spain.

With over 1,300 full-time employees, Banco Internacional is a major employer in Ecuador.

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Bolivariano is one of the top 10 banks in Ecuador, employing over 1,500 people. It has a strong presence with 52 agencies, 11 branches, and 290 ATMs.

Banco Bolivariano was founded in 1979 and is located in Guayaquil. The bank offers a wide range of services including checking and savings accounts, consumer and business loans, vehicle financing, mortgages, educational loans, credit and debit cards, and investments.

One of the notable services offered by Bolivariano is cash management, treasury, and trade services. This makes it a great option for businesses and individuals looking for comprehensive banking solutions.

Bolivariano's mobile and online banking services allow customers to manage their accounts and perform transactions from anywhere. This is especially convenient for people who are always on the go.

Here is a list of some of the services offered by Bolivariano:

Foreign banks have a presence in Ecuador, but it's limited compared to the country's own private and public banks. The only foreign bank operating in the country is Citibank N.A. Sucursal Ecuador, also known as Citibank Ecuador.

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ABN AMRO Bank NV, a Netherlands-based bank, had a presence in Ecuador, but it sold its operations to Banco Pichincha in 2001. Lloyds Bank, a British bank, also had a local presence in Ecuador, but it sold its operations to Banco Pichincha in 2010.

The local Lloyds Bank was founded in 1913 in Guayaquil and was the first foreign bank in Ecuador. It had its headquarters in Quito and employed about 100 people before its operations were sold to Banco Pichincha.

Here is a list of the foreign banks mentioned in the article:

In Ecuador, you can find a variety of banks that cater to different financial needs.

Banco Pichincha is one of the largest banks in Ecuador, with over 200 branches across the country.

Many banks in Ecuador offer online banking services, allowing you to manage your accounts and pay bills from the comfort of your own home.

Banco Guayaquil is another prominent bank in Ecuador, with a strong presence in the country's financial sector.

Some banks in Ecuador offer mobile banking apps, making it easier to access your accounts on the go.

Banco Produbanco is a state-owned bank that offers a range of financial services, including loans and credit cards.

Many Ecuadorian banks have ATMs and branches located in major cities and tourist areas.

Banco del Austro is a regional bank that serves the southern region of Ecuador, offering a range of financial services to local communities.

You can usually find a bank in Ecuador that meets your specific financial needs, whether it's for personal or business use.

Banco de la Producción is a bank that specializes in providing financial services to small and medium-sized businesses.

Banco de la Producción has a strong focus on supporting entrepreneurship and economic development in Ecuador.

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There are over 20 banks in Ecuador, ranging from major international banks to smaller local institutions.

Some of the banks with branches in Ecuador include Citibank Ecuador, Banco de Guayaquil, and Banco Pichincha.

According to the Ecuadorian Superintendency of Banks, as of 2012, the top 10 most profitable banks in Ecuador were Banco Pichincha, Banco del Pacífico, Banco de Guayaquil, and Citibank Ecuador.

Here's a list of some of the banks in Ecuador:

Pichincha is a well-established bank with a long history, founded in 1906.

Banco Pichincha is the largest bank in Ecuador, holding the top spot in terms of total assets, deposits, loans, and number of employees.

It's headquartered in Quito, Ecuador and has a strong presence in the country, serving over five million retail and corporate customers, SMEs, and micro-entrepreneurs.

The bank operates through about 200 branches or agencies, making it easily accessible to its customers.

It also offers internet banking, a call center, and interaction on social networks, including X and Facebook, for added convenience.

Banco Pichincha has expanded its reach beyond Ecuador, with branches and representative offices in Peru, Colombia, Panama, and Spain, as well as an agency in Miami, Florida, USA.

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De Guayaquil is home to the third largest bank in Ecuador by assets, Banco Guayaquil S.A. Banco Guayaquil S.A. serves more than 3.8 million customers.

The bank offers a comprehensive range of products and services including retail, corporate, private, transaction and online banking. It has the largest physical presence in the country.

As of September 2024, Banco Guayaquil had US$8.2 billion in total assets, a significant figure that showcases its financial stability.

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ProduBanco is one of the big four banks in Ecuador with around 80 branches and 420 ATMs.

It's a subsidiary of Grupo Promerica, a regional financial group with operations in multiple countries including Ecuador, Panama, and the Dominican Republic.

ProduBanco has been named Best Bank in Ecuador by Global Finance, a prestigious recognition in the banking industry.

With such a strong presence and reputation, it's no wonder ProduBanco is a popular choice for banking services in Ecuador.

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Diners Club is a financial services provider that offers a range of products and services, with a focus on credit cards. Banco Diners Club del Ecuador S.A. is a notable example of a Diners Club operation, providing financial products and services to its clients.

The company has significant assets, with a total of about US$3.0 billion. This substantial asset base enables Banco Diners Club del Ecuador S.A. to offer a wide range of financial services to its customers.

Its gross loan portfolio is approximately US$2.4 billion, indicating a substantial amount of credit extended to its customers.

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Banco General Rumiñahui is one of the ten largest banks in Ecuador. It was established in 1988 to provide quality financial solutions for the Armed Forces of Ecuador.

The bank offers various products and services to the employees of the armed forces and middle-sized companies. Its primary focus is on serving these specific groups.

As of June 2023, Banco General Rumiñahui reported total assets of US$1.17 billion. Net loans of US$762 million were also reported during the same period.

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Ecuador has a diverse banking system, with many local and international banks operating in the country.

One of the international banks with a presence in Ecuador is Citibank, which has two branches in Quito and Guayaquil.

Citibank Ecuador has been serving customers in the country since 1960.

If you're looking for a US bank with branches in Ecuador, your best bet is Citibank, the only international bank in Ecuador.

Here's a list of some of the Ecuadorian banks you might come across:

The most profitable banks in Ecuador are a topic of interest for anyone looking to invest or do business in the country. As of 2012, the Ecuadorian Superintendency of Banks ranked the top banks by profit.

Banco Pichincha was the most profitable bank in Ecuador as of 2012, followed closely by Banco del Pacífico. These two banks have consistently been among the top performers in the country's banking sector.

Banco de Guayaquil and Produbanco also made the top 5, with Banco Internacional and Banco Bolivariano rounding out the top 6. The top 10 most profitable banks in Ecuador as of 2012 were:

These banks have a strong presence in Ecuador and are well-established players in the country's banking sector.