Small But Strong

Nov 7, 2003

Ecuador is still struggling after a banking crisis that helped trigger a government debt default in 1999. But Banco de la Producción (Produbanco), proves that even small banks can prosper in adverse conditions. Although it had assets of just $786 million in 2002, Produbanco still managed to churn out a 22.02% return on equity.


To continue reading please take a free trial, subscribe or login below.

Already have an account?


Subscribe now for unlimited access to all current and archive news, data and market analysis. 


Free trial

Take a free two-week trial now for the latest news, data and market analysis.

Free Trial

LatinFinance Events


Will a strong dollar deter investors from LatAm bonds?