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Banco del Pacifico S.A. (Ecuador)

Main Activities: Commercial Banking | Investment Banking and Securities Dealing
Full name: Banco del Pacifico S.A. Profile Updated: October 02, 2023
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English & Spanish Download a sample report

Banco del Pacifico S.A. is a financial institution located in Guayaquil, Ecuador. It was established with the aim of modernizing the country's financial system by breaking away from traditional banking concepts and practices and utilizing innovative technology. The bank has become a reference point for Ecuador and the region. Despite facing challenges during the 1999 financial crisis and the death of its founder, Marcel Laniado de Wind, Banco del Pacifico managed to overcome these difficulties through prudent and professional management. By the end of the following decade, it regained its position as one of the largest and most modern banks in Ecuador. In addition to its banking services, Banco del Pacifico also operates as a logistics provider. Since 1976, it has offered storage, inventory management, and product dispatch and distribution services tailored to the needs of its clients. The bank is regulated by the Superintendence of Banks and the National Customs Service of Ecuador, and it adheres to the provisions of the Organic Monetary and Financial Code, as well as the Organic Code of Production, Commerce, and Investments and its regulations.

Headquarters
P. Icaza 200 y Pedro Carbo
Guayaquil; Guayas;

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Website: http://www.bancodelpacifico.com

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
January 01, 1972
Key Executives
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President
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Executive President
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Chairman
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Member of Board of Directors
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Member of Board of Directors
Ownership Details
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Subsidiaries
Recuperaciones del Pacifico S.A. Recupacific
100%
Datafast S.A.
33.33%
Banred S.A.
1%
Company Performance
Financial values in the chart are available after Banco del Pacifico S.A. 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
-2.73%
Operating profit (EBIT)
45.34%
Net Profit (Loss) for the Period
13.32%
Total assets
0.21%
Total equity
5.93%
Total Assets Trend
N/A
Net Interest Income Trend
N/A
Loans to Deposits Ratio
6.65%
Loans to Asset Ratio
6.61%

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