Private banks

Banco Procredit

Balance sheet and official indicators reported to the Superintendencia de Bancos, as of July 31, 2026. The figures are the regulator's bulletin's: this profile orders them, it does not produce them.

Risk rating: AAA- / AA as of December 2025, by PCR Pacific Credit Rating / Bank Watch Ratings, as published by the Superintendencia de Bancos.

RUC: 1791269225001

Assets: $717.8 M
Public deposits: $638.4 M
Loan book: $519 M
Period result: $1.7 M

What its balance sheet is made of

As of July 31, 2026

Where the money is placed

Loan book $519 M 72.3%
Investments $69 M 9.6%
Available funds $98.5 M 13.7%
Rest of the assets $31.3 M 4.4%

Where it comes from

Sight deposits $375 M 52.4%
Term deposits $247 M 34.5%
Own equity $54.6 M 7.6%
Other liabilities $39.6 M 5.5%

The two bars answer the two questions of any balance sheet. The first, where the money is placed: credit lent out, investments in paper and the cash available to respond immediately. The second, where it comes from: what the public deposits at sight or at term, what the institution owes other institutions and what is its own capital.

The proportion between sight and term says a lot about the funding: term deposits are more stable but cost interest; sight deposits are nearly free but can leave tomorrow. And on the asset side, the more the loan book weighs against the investments, the deeper the balance sheet sits in the business of lending.

So far this year it carries income of $39.5 M against expenses of $37.9 M: that is where the headline result of $1.7 M comes from.

Who it lends to

Gross loans $538.6 M

Productive $322.4 M 59.9% Segment delinquency: 3.4%
Microcredit $176.1 M 32.7% Segment delinquency: 2.9%
Real estate $25.5 M 4.7% Segment delinquency: 0.6%
Consumer $11.6 M 2.2% Segment delinquency: 3.4%
COVID-19 refinanced and restructured $2.9 M 0.5%
Education $3.2 k 0.0% Segment delinquency: 41.3%

Credit is not one thing: the bulletin breaks it down by segment, each with its risk and its price. Here the productive segment dominates, with 59.9% of the placed loans.

Each segment's delinquency, computed by the supervisor, shows where it gets paid well and where not: productive credit tends to fail little, consumer lending and microcredit more, and that difference is what explains the price each borrower pays.

Gross loans by segment (accounts 14xx of the balance sheet, before provisions): that is why the sum, $538.6 M, differs from the net loan book in the header, $519 M.

The official indicators

Computed by the Superintendencia de Bancos

This page does not compute these 15 indicators: the supervisor itself publishes them with its methodology, and here they are ordered the way an analyst reads them, from solvency to liquidity. Each carries its explanation, its formula and its subsystem's aggregate figure alongside, for comparison. None is a grade or a rating: they are photos of one specific month, best read together and in context.

Solvency

Net capitalization index 6.9% The institution’s capital cushion, adjusted for non-earning assets: how much free equity remains per 100 dollars of assets once the unproductive deadweight is discounted. FK ÷ FI, per the supervisor’s methodology · its subsystem as a whole: 9.1%
Nonperforming loans over equity 30.9% How much of the equity would be consumed if the whole damaged loan book proved uncollectible and no provisions existed. It measures how heavily delinquency weighs against own capital. Nonperforming loans ÷ equity · its subsystem as a whole: 22.2%
Equity over immobilized assets 351.9% How many times equity covers the assets that generate no income (delinquency, foreclosed goods, premises). Above 100%, own capital absorbs everything immobilized. (Equity + results) ÷ immobilized assets · its subsystem as a whole: 401.0%

Loan book quality

Total loan delinquency 3.1% Of every 100 dollars lent, how many are past due or have stopped earning interest. It is the most direct measure of loan book quality. Nonperforming loans ÷ gross loans · its subsystem as a whole: 3.1%
Coverage of problem loans 116.1% How much money the institution has provisioned against troubled credits. Above 100% means provisions cover that entire book. Provisions ÷ nonperforming loans · its subsystem as a whole: 213.4%
Earning assets over the total 89.3% How much of the assets generate income (healthy loans and investments) against the part that does not: offices, goods received in payment or loans in arrears. Earning assets ÷ total assets · its subsystem as a whole: 92.4%

Profitability

Return on equity (ROE) 5.5% How much the institution has earned so far this year per 100 dollars of its owners’ or members’ equity. Period result ÷ average equity · its subsystem as a whole: 14.0%
Return on assets (ROA) 0.4% The same measured against everything the institution manages, own or third-party: how much every 100 dollars of assets yields. Period result ÷ average assets · its subsystem as a whole: 1.4%
Intermediation margin over assets 0.2% What the pure business of taking and lending leaves, operating cost already paid, per 100 dollars of assets. It can be negative when operations cost more than the financial margin yields. Estimated intermediation margin ÷ average assets · its subsystem as a whole: 1.2%

Efficiency

Operating cost over margin 95.2% How much of the margin the financial business leaves gets consumed in salaries, offices and technology. Near 100% means operations eat the margin. Operating expenses ÷ financial margin · its subsystem as a whole: 74.5%
Operating cost over assets 3.9% The cost of keeping the institution running, measured against its size: how many dollars of annualized operating expense per 100 of assets. Estimated operating expenses ÷ average assets · its subsystem as a whole: 3.6%
Personnel cost over assets 1.6% The share of that cost that goes to payroll. Compared among institutions of the same size, it shows who runs heavier structures. Estimated personnel expenses ÷ average assets · its subsystem as a whole: 1.1%

Liquidity and funding

Immediate liquidity 23.6% What share of the deposits that can be withdrawn at any moment it could serve today with the cash it has available. Available funds ÷ short-term deposits · its subsystem as a whole: 17.8%
Financial intermediation 86.6% How much of what the institution takes in deposits it has turned into loans. It is the pulse of its trade: gathering savings to lend them. Gross loans ÷ sight and term deposits · its subsystem as a whole: 88.9%
Yield of the performing loan book 11.5% The effective rate the healthy loan book is yielding the institution: the average price at which its credit is placed. Income from performing loans ÷ average performing loans · its subsystem as a whole: 11.1%

The full balance sheet (assets $717.8 M, liabilities $661.6 M, equity $54.6 M) satisfies the bulletin's accounting identity: the period result, $1.7 M, is exactly assets minus liabilities minus equity.

See the whole financial system, banks and cooperatives side by side

Its historical series

2003–2026

Assets · year-end close (millions)

26.1

718

2003 2007 2011 2015 2019 2026

See the full series

2003: 26.1
2004: 50.9
2005: 83.4
2006: 131
2007: 218
2008: 294
2009: 331
2010: 325
2011: 388
2012: 447
2013: 479
2014: 426
2015: 387
2016: 395
2017: 326
2018: 319
2019: 396
2020: 489
2021: 568
2022: 671
2023: 664
2024: 730
2025: 710
2026: 718

Public deposits · year-end close (millions)

2.5

638

2003 2007 2011 2015 2019 2026

See the full series

2003: 2.5
2004: 6.6
2005: 20.1
2006: 44.6
2007: 77.7
2008: 132
2009: 179
2010: 178
2011: 213
2012: 257
2013: 286
2014: 253
2015: 198
2016: 227
2017: 170
2018: 151
2019: 174
2020: 230
2021: 313
2022: 394
2023: 440
2024: 574
2025: 626
2026: 638

Loan book · year-end close (millions)

21.1

519

2003 2007 2011 2015 2019 2026

See the full series

2003: 21.1
2004: 41.7
2005: 69
2006: 109
2007: 178
2008: 224
2009: 224
2010: 250
2011: 311
2012: 345
2013: 315
2014: 273
2015: 241
2016: 247
2017: 216
2018: 249
2019: 313
2020: 380
2021: 464
2022: 512
2023: 509
2024: 470
2025: 496
2026: 519

The three curves together tell the bank's biography: how its size grew, how much of that expansion the public financed with its deposits and how much ended up turned into credit. When the three move in step, the business is the classic one of intermediating; when they part ways, something changed in the model.

Series harmonized by the Superintendencia de Bancos to the current chart of accounts, so the years are comparable with each other.

Where its deposits sit

7 cantons · 103,437 accounts

Quito Pichincha $365.1 M
Guayaquil Guayas $158.3 M
Ambato Tungurahua $66.2 M
Ibarra Imbabura $27.1 M
Santo Domingo Santo Domingo de los Tsáchilas $1.5 M
Cayambe Pichincha $138

The Superintendencia's territorial report breaks down each bank's deposits by canton. Banco Procredit holds public deposits in 7 cantons, spread across 103,437 accounts; above, the cantons where it holds the most.

Tax status (SRI)

updated September 3, 2026

RUC status: Active

Phantom taxpayer: No
Nonexistent transactions: No

Tax regime: General regime The set of rules under which it files its taxes
Required to keep accounting books: Yes
Withholding agent: Yes When paying third parties, it withholds taxes and remits them to the SRI
Special taxpayer: Yes Designated by the SRI for its size, with additional filing obligations
Start of activities: December 13, 1993

Establishments · 55 registered, 10 open

HEAD OFFICE Pichincha / Quito / Iñaquito / Av. Amazonas S/N y Av. Atahualpa Open
Imbabura / Ibarra / San Francisco / Av. Mariano Acosta S/N y Av. Fray Vacas Galindo Open
Pichincha / Quito / la Magdalena / Av. Pedro Vicente Maldonado S10-194 y Calvas Open
Tungurahua / Ambato / Huachi Chico / Avenida Atahualpa S/N y Jácome Clavijo Open
Guayas / Guayaquil / Tarqui / Acacias 0727 0727 y Guayacanes Open
Santo Domingo de los Tsachilas / Santo Domingo / Chiguilpe / Av. Rio Lelia SN y los Ceibos Open
Guayas / Samborondon / la Puntilla (Satelite) / Av. los Arcos Lote 121-2-2 y Calle Monseñor Enrique Julhes Open
Chimborazo / Riobamba / Lizarzaburu / Miguel Angel Leon Primera Constituyente 22 59 y Av Daniel Leon Borja Open
Imbabura / Otavalo / Jordan / Calle Bolivar Nro. 908 y Calle Roca 9 47 y Av. Abdon Calderon y Calle Cristobal Colon Open
Azuay / Cuenca / Huaynacapac / Av. del Estadio 1-58 y Av Florencia Astudillo Esq. Open
Tungurahua / Ambato / San Francisco / Mera 04-25 y Bolivar Closed
Cotopaxi / Latacunga / Eloy Alfaro (San Felipe) / Av. Eloy Alfaro S/N y Gatazo Closed
Imbabura / Otavalo / Jordan / Bolivar 10-16 y Morales Closed
Pichincha / Cayambe / Cayambe / Junin S1-80 y Morales Closed
Pichincha / Quito / Cotocollao / Av. de la Prensa N70-121 Closed
Santo Domingo de los Tsachilas / Santo Domingo / Chiguilpe / los Helechos/los Ceibos S/N y Tsachila Closed
Guayas / Guayaquil / Carbo (Concepcion) / Victor Manuel Rendón 120 y Panama Closed
Pichincha / Quito / Centro Histórico / García Moreno Oe4-56 y Mejía Closed
Pichincha / Quito / Calderon (Carapungo) / Av. Panamericana Norte S/N y Av. Simon Bolivar Closed
Guayas / Guayaquil / Tarqui / Av. Francisco de Orellana SN y Justino Cornejo Closed
Guayas / Guayaquil / Ximena / Av. 25 de Julio Solar 03 Closed
Chimborazo / Riobamba / Lizarzaburu / Av. Carlos Zambrano Lt.4 Closed
Pichincha / Quito / Chillogallo / Av. Maldonado S52-324 Closed
Guayas / Guayaquil / Tarqui / Av. Guillermo Pareja Rolando Solar 01 Closed
Azuay / Cuenca / Cuenca / Pdte Antonio Borrero 8-23 y Mariscal Sucre Closed
Santo Domingo de los Tsachilas / Santo Domingo / Abraham Calazacon / Abraham Calazacon 673 y Av. Quevedo Closed
Guayas / Duran / Eloy Alfaro (Duran) / Closed
Manabi / Manta / Tarqui / Av. 109 S/N y Calle 104 Closed
El Oro / Machala / Machala / Av. 25 de Junio S/N y Ayacucho y Santa Rosa Closed
Pichincha / Rumiñahui / Sangolqui / Av. General Enriquez 29-30 y Rio Chinchipe Closed
Guayas / Guayaquil / Tarqui / Primera Solar 3 y Av 39 Noreste Closed
Pichincha / Quito / Cumbaya / Av. Interoceanica S/N Closed
Pichincha / Quito / Quito Distrito Metropolitano / Av. Edmundo Carvajal S/N y Av. Occidental Closed
Loja / Loja / el Sagrario / Sucre 742 y 10 de Agosto Closed
Manabi / Portoviejo / 12 de Marzo / Olmedo 519 y Pedro Gual Closed
Chimborazo / Riobamba / Lizarzaburu / Av. Daniel Leon Borja 42-61 y Autachi Closed
Guayas / Guayaquil / Tarqui / Av. las Americas S/N y Av. Isidro Ayora Closed
Pichincha / Rumiñahui / Sangolqui / Santa Clara S/N y Av. General Rumiñahui Closed
Pichincha / Quito / Chillogallo / Av. Mariscal Sucre Oe-720 y Francisco Lopez Closed
Azuay / Cuenca / Sucre / Av. Remigio Crespo Toral S/N y Av. Remigio Romero Closed
Santo Domingo de los Tsachilas / Santo Domingo / Zaracay / Av. Quito S/N y Rio Mulaute Closed
Carchi / Tulcan / Gonzalez Suarez / Ayacucho S/N y Bolivar Closed
Pichincha / Quito / Chillogallo / Quitumbe Ñan S/N y Av. Rafael Moran Valverde Closed
Manabi / Manta / Manta / 13 S/N y Entre Av. 21 y Av. 22 Closed
Guayas / Guayaquil / Tarqui / Av. Benjamin Rosales y Av de las Americas Closed
Tungurahua / San Pedro de Pelileo / Pelileo / General Quis Quis y Padre Chacon Closed
Pichincha / Quito / Tumbaco / Av. Gaspar de Carvajal y Av Interoceanica Closed
Cotopaxi / Salcedo / San Miguel / Padre Salcedo S/N y Vicente Leon y Calle Sucre Closed
Guayas / Guayaquil / Febres Cordero / Portete de Tarqui 4400 y Salinas Closed
Cotopaxi / Latacunga / Eloy Alfaro (San Felipe) / Av. Eloy Alfaro S/N y Gatazo Closed
Pichincha / Quito / Iñaquito / Av. 6 de Diciembre S/N y Av. Portugal Closed
Guayas / Samborondon / la Puntilla (Satelite) / Av. Puntilla Solar 33 Closed
Pichincha / Quito / Cumbaya / Av. Interoceanica SN Closed
Pichincha / Quito / Quito Distrito Metropolitano / Edmundo Carvajal N44 y Ramiro Baraba Closed
Guayas / Guayaquil / Tarqui / Acacias 727 y Guayacanes Closed

Tax status according to the public records of the SRI (Servicio de Rentas Internas, the national tax authority). The risk designations are the SRI’s, not a rating by this site: phantom taxpayer means the SRI considers the company to have no real activity at its declared address, and nonexistent transactions means it invoiced operations the SRI determined never took place.

Where it operates

It has 10 open establishments across 7 provinces, plus 45 closed.

1 2

Provinces with a presence

Pichincha head office 2 locations
Guayas 2 locations
Imbabura 2 locations
Santo Domingo de los Tsachilas 1 location
Tungurahua 1 location
Chimborazo 1 location
Azuay 1 location

Establishments declared to the SRI (Servicio de Rentas Internas, the national tax authority), updated 2026-09-03. The location is the province and canton on record, not each site’s exact address.

How to read this profile

Source: the financial bulletin of the Superintendencia de Bancos, as of July 31, 2026. Assets are account 1 of the balance sheet; deposits, obligations with the public (account 21); loans, account 14 (net of provisions; the segment breakdown uses gross 14xx accounts). Indicators are the ones published by the supervisor itself, shown as is; the one comparing equity against immobilized assets is omitted when those assets turn negative and the quotient loses meaning. Balances change every month: this profile updates with each new bulletin.

The RUC matches the SRI's public RUC registry, which is also where the tax status and the establishments come from: they are the institution's fiscal record, distinct from its supervisor's bulletin, which is why they may not say the same. The registry does not publish the special regime, the reason for a suspension or the phantom-taxpayer and nonexistent-transaction designations: those fields are omitted rather than assumed.

Financial information from the public bulletins of Ecuador's superintendencies · where this data comes from