Ecuador's leading financial institution, Banco Pichincha, is
using technology to maintain profitability in one of the more
politically volatile LatAm operating environments. A
century-long track record helps on the home front, where
Pichincha expects to continue capturing market share. And the
bank is also looking to bolster overseas ventures.
According to Fitch, Pichincha is Ecuador's largest bank with
about 26% of deposits and 28% of loans as of March.
Incorporated in 1906, it offers a wide array of services to
corporate, middle market and consumer customers, a
diversification that gives Pichincha strength through the rocky
political landscape. The bank boasted 17.2% ROE...
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