- The Banco Pichincha is the largest private bank in Ecuador, by capitalization and by number of depositors
Banco del Pichincha Net worth 2024 (estimated)
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Banco del Pichincha facts
- It is the primary bank of the Pichincha Group (Grupo Pichincha), a business group that includes the companies associated with the bank and businesses related to Fidel Egas Grijalva and his family, which include Diners Club of Ecuador, Picaval and Teleamazonas
- The bank has 1
- 8 million customers in Ecuador, $4
- 5 billion in assets and $4 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 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 Communidad 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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