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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: 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 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
Soluciones Integrales de Cartera Pacifico Credipacifico S.A.
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
19.69%
Net fee and commission income
10.85%
Operating profit (EBIT)
228.56%
Net Profit (Loss) for the Period
40.3%
Total assets
22.05%
Loans and advances to customers
15.11%
Deposits from customers
21.18%
Total equity
2.73%
Net Interest Income Trend
N/A
Cost to Income Ratio
-28.81%
Loans to Deposits Ratio
-4.14%
Loans to Asset Ratio
-3.71%

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