Banking in Ecuador

Banking in Ecuador has a long history. At the time of the dissolution of Gran Colombia and its formation as a republic, Ecuador's economy was generally not monetized; gold and silver coins were circulated, and were brought into common use by successive currency laws.[1] Little by little, with the growth of the nation, Ecuadorian banking also grew and was particularly centered on the city of Guayaquil. After the Liberal Revolution came a period called the Banking Plutocracy (Plutocracia bancaria) that was dominated by private banking, especially by the Commercial and Agricultural Bank of Guayaquil (Banco Comercial y Agrícola de Guayaquil). This period ended with the July Revolution (Revolución Juliana) of 1925.[2]

In 1998, Ecuador's banks faced the worst financial crisis in the country's history.

## Major banks

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Main article: List of banks in Ecuador

The major banks today are the Banco Pichincha, Produbanco, Citibank and Banco de Guayaquil.

## See also

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* Banks portal

* Economy of Ecuador
* Central Bank of Ecuador

## References

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1. ^ Superintendencia de Bancos y Seguros : superban.gov.ec - Historia (archived version of http://www.superban.gov.ec/pages/1_historia1.htm)
2. ^ "Diario Correo : diariocorreo.com.ec - Archivo del 2007/06/18". Archived from the original on 2009-04-17. Retrieved 2009-10-20.

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Banking in Latin America and the Caribbean

Caribbean|

* Antigua and Barbuda
* Aruba
* Bahamas
* Barbados
* Cuba
* Curaçao
* Dominica
* Dominican Republic
* Grenada
* Haiti
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* Saint Lucia
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Central America|

* Belize
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North America|

* Mexico

South America|

* Argentina
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Dependencies not included. Semi-autonomous territories are in italics.

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List of banks in the Americas

Sovereign
states|

* Antigua and Barbuda
* Argentina
* Bahamas
* Barbados
* Belize
* Bolivia
* Brazil
* Canada
* Chile
* Colombia
* Costa Rica
* Cuba
* Dominica
* Dominican Republic
* Ecuador
* El Salvador
* Grenada
* Guatemala
* Guyana
* Haiti
* Honduras
* Jamaica
* Mexico
* Nicaragua
* Panama
* Paraguay
* Peru
* Saint Kitts and Nevis
* Saint Lucia
* Saint Vincent and the Grenadines
* Suriname
* Trinidad and Tobago
* United States
* Uruguay
* Venezuela

Dependencies
and territories|

* Anguilla
* Aruba
* Bermuda
* Bonaire
* British Virgin Islands
* Cayman Islands
* Curaçao
* Falkland Islands
* French Guiana
* Greenland
* Guadeloupe
* Martinique
* Montserrat
* Puerto Rico
* Saba
* Saint Barthélemy
* Saint Martin
* Saint Pierre and Miquelon
* Sint Eustatius
* Sint Maarten
* South Georgia and the South Sandwich Islands
* Turks and Caicos Islands
* U.S. Virgin Islands

* North America
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*   *   *   * South America

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