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Banco de Desarrollo del Ecuador B.P. (Ecuador)

Main Activities: Commercial Banking
Full name: Banco de Desarrollo del Ecuador B.P. Profile Updated: July 03, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English & Spanish Download a sample report

Banco de Desarrollo del Ecuador B.P. is a public financial institution, established on September 17th, 1976 as "Banco de Desarrollo del Ecuador" (BEDE). Since May 1992, it is known as Banco del Estado. The bank is the main body of the country which finances public works projects. It finances projects related with infrastructure, public services, environment and governments needs, through credit and other financial mechanisms. As of December 30, 2015, it changed its name to Banco de Desarrollo del Ecuador B.P.

Headquarters
Av. Amazonas y Union Nacional de Periodistas, Plataforma Gubernamental de Gestion Financiera
Quito; Pichincha;

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Website: http://www.bde.fin.ec/

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
August 06, 1979
Key Executives
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Chairman
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Chairman
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Chairman
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Chairman
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Member of Board of Directors
Ownership Details
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71.96%
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17.2%
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9.55%
Subsidiaries
Edesa S.A.
20%
Company Performance
Financial values in the chart are available after Banco de Desarrollo del Ecuador B.P. report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency USD. Absolute financial data is included in the purchased report.
Net interest income
6.25%
Net fee and commission income
-58.39%
Operating profit (EBIT)
4.08%
Net Profit (Loss) for the Period
11.9%
Total assets
3.49%
Loans and advances to customers
-6%
Deposits from customers
-23.3%
Total equity
6.57%
Total Assets Trend
-1.19%
Net Interest Income Trend
-10.54%
Cost to Income Ratio
0.09%
Loans to Deposits Ratio
68.83%
Loans to Asset Ratio
-7.16%

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