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known as "Inversora
Pichincha" and "Banco del Pichincha", and another in Panama, Banco Pichincha Panamá. It also has an agency in Miami, and eight representative offices in Spain, including two each in Madrid, Barcelona, Murcia, and Comunidad Valenciana. It has just received regulatory approval to convert its network of offices in Spain into a commercial bank, the first Spanish commercial bank from Latin America. It has applied to the regulators in Colombia for permission to convert its commercial lending operation in that country, Inversora Pichincha, into a commercial bank.
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As of 2022, the bank has 1.8 million customers in
Ecuador, $ 15.5 billion in assets, $ 10.5 billion in gross loans and $ 12.3 billion in deposits, as well as more than 200 branches in the country. Banco Pichincha has a subsidiary in Peru, Banco Financiero Perú, in Colombia, Banco Pichincha (before
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Banco
Pichincha was established on 11 April 1906. Its first directors were Manuel Jijón Larrea (founding president), Manuel Freile Donoso and Ignacio Fernández Salvador (founding managers). Although it was a bank of note issue (the first issue, for one million
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The next year, it acquired Banco
Financiero de Perú, which had been established in 1964 as a company specializing in construction financing, but which had become a full commercial bank in 1982. In 2001, Banco Financiero acquired NBK Bank, in Peru.
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Pichincha first arrived in Spain in 2007, where it now operates a network of nine customer-service centers mainly focused on attending to the more than 750,000 Ecuadorians who live in Spain. In 2010 it received permission from
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to establish a commercial bank. Pichincha plans to convert its customer service centers to branches, commencing with those in Madrid, and eventually to open another 20 branches over the next four years.
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https://www.pichincha.com/content/published/api/v1.1/assets/CONTF2AC44623BB54E0994FFFCCDC32C37F3/native?cb=_cache_21ff&download=true&channelToken=712a6518832146c488cdf196228d8c00
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The bank's electronic transactions are done using the INTERNEXO system, which replaced the TODO1 system. In
January 2007, the bank signed a $ 140 million, 5-year contract with
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In 2004, the bank established Banco
Pichincha Panamá, which initially was based in Nassau, in the Bahamas, but which moved its head office to Panama.
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Since 1996, the bank has had a strategic alliance with Banco de Loja (est. 1967), to provide Banco
Pichincha's clients coverage in southern Ecuador.
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for modernizing its information systems and improving efficiency. As a part of this agreement, Tata hired most of Banco
Pichincha's systems staff.
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operations in
Colombia. These included the commercial lender, Inversora Pichincha.
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sold the
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Amazonas Avenue and Pereira St., Banco Pichincha Building,
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202:In 1986, the bank established an agency in
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134:is the largest private-sector bank in
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114:(Full-time equivalent, 2011) 100,040
27:Ecuadorian financial service company
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526:1906 establishments in Ecuador
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150:and his family, which include
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239:In 2009, Pichincha acquired
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373:Companies headquartered in
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421:DK Management Services
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225:Hollandsche Bank-Unie
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227:to Banco Pichincha.
31:Banco Pichincha C.A.
148:Fidel Egas Grijalva
110:Number of employees
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18:Banco del Pichincha
298:Spanish subsidiary
253:Banking in Ecuador
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59:financial services
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521:Ecuadorian brands
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123:www.pichincha.com
16:(Redirected from
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411:Citibank Ecuador
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97:Total assets
76:Headquarters
45:Company type
431:El Comercio
206:, Florida.
152:Diners Club
505:Categories
466:Produbanco
259:References
406:Canal Uno
219:In 2001,
85:Pichincha
426:Ecuavisa
247:See also
221:ABN AMRO
68:1906 in
55:Industry
446:La Hora
182:History
170:Systems
156:Picaval
136:Ecuador
119:Website
89:Ecuador
65:Founded
471:SAEREO
197:sucres
49:Public
375:Quito
241:AIG's
204:Miami
81:Quito
70:Quito
476:TAME
158:and
130:The
441:Hoy
103:USD
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