Private banks

Banco Solidario

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- as of December 2025, by Class International Rating, as published by the Superintendencia de Bancos.

RUC: 1791109384001

Assets: $810.4 M
Public deposits: $352.2 M
Loan book: $601 M
Period result: $9.7 M

What its balance sheet is made of

As of July 31, 2026

Where the money is placed

Loan book $601 M 74.2%
Investments $77.9 M 9.6%
Available funds $70.8 M 8.7%
Rest of the assets $60.7 M 7.5%

Where it comes from

Sight deposits $88.2 M 11.0%
Term deposits $257.7 M 32.2%
Financial obligations $259.6 M 32.4%
Own equity $142.2 M 17.8%
Other liabilities $52.9 M 6.6%

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 $91.8 M against expenses of $82 M: that is where the headline result of $9.7 M comes from.

Who it lends to

Gross loans $658.1 M

Consumer $337 M 51.2% Segment delinquency: 4.9%
Microcredit $321.1 M 48.8% Segment delinquency: 4.8%
Real estate $39 0.0% Segment delinquency: 100.0%
COVID-19 refinanced and restructured $34 0.0%
Productive $22 0.0% Segment delinquency: 100.0%

Credit is not one thing: the bulletin breaks it down by segment, each with its risk and its price. Here the consumer segment dominates, with 51.2% 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, $658.1 M, differs from the net loan book in the header, $601 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 17.2% 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 22.5% 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 598.9% 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 4.9% 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 178.3% 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 92.5% 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) 11.5% 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) 2.1% 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 3.9% 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 68.0% 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 8.3% 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 4.4% 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 35.7% 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 190.3% 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 18.7% 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 $810.4 M, liabilities $658.4 M, equity $142.2 M) satisfies the bulletin's accounting identity: the period result, $9.7 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)

182

991

810

2003 2007 2011 2015 2019 2026

See the full series

2003: 182
2004: 257
2005: 298
2006: 341
2007: 327
2008: 307
2009: 298
2010: 305
2011: 347
2012: 395
2013: 746
2014: 737
2015: 675
2016: 678
2017: 720
2018: 782
2019: 815
2020: 763
2021: 812
2022: 943
2023: 991
2024: 857
2025: 765
2026: 810

Public deposits · year-end close (millions)

127

475

352

2003 2007 2011 2015 2019 2026

See the full series

2003: 127
2004: 181
2005: 198
2006: 218
2007: 171
2008: 156
2009: 163
2010: 164
2011: 181
2012: 217
2013: 475
2014: 473
2015: 415
2016: 389
2017: 403
2018: 427
2019: 413
2020: 389
2021: 391
2022: 453
2023: 462
2024: 373
2025: 343
2026: 352

Loan book · year-end close (millions)

123

770

601

2003 2007 2011 2015 2019 2026

See the full series

2003: 123
2004: 168
2005: 197
2006: 232
2007: 212
2008: 224
2009: 182
2010: 184
2011: 221
2012: 254
2013: 506
2014: 532
2015: 482
2016: 488
2017: 523
2018: 575
2019: 609
2020: 518
2021: 590
2022: 732
2023: 770
2024: 630
2025: 570
2026: 601

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

26 cantons · 383,669 accounts

Quito Pichincha $205.2 M
Guayaquil Guayas $72 M
Rumiñahui Pichincha $19.2 M
Cuenca Azuay $11.5 M
Ambato Tungurahua $11.2 M
Manta Manabi $8.2 M

The Superintendencia's territorial report breaks down each bank's deposits by canton. Banco Solidario holds public deposits in 26 cantons, spread across 383,669 accounts; above, the cantons where it holds the most.

Tax status (SRI)

updated September 4, 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: February 19, 1991

Establishments · 100 registered, 54 open

HEAD OFFICE Pichincha / Quito / Iñaquito / Av. Amazonas N36-69 y Corea Open
Chimborazo / Riobamba / Lizarzaburu / Primera Constituyente 27-25 y Pichincha Open
Pichincha / Quito / San Bartolo / Av. Mariscal Sucre S11-114 y Pedro Capiro Open
Pichincha / Quito / la Magdalena / Av. Pedro Vicente Maldonado 14205 y Rivas Open
Pichincha / Rumiñahui / Sangolqui / Calle Montufar 321 y Venezuela Open
Imbabura / Otavalo / Jordan / Abdón Calderón S/N y Bolívar Open
Imbabura / Ibarra / San Francisco / Olmedo 11-45 y Entre Colon y Av. Perez Guerrero Open
Pichincha / Cayambe / Cayambe / 10 de Agosto Oe2-98 y Entre Av. Natalia Jarrin y Morales Open
Tungurahua / Ambato / la Merced / Av. Cevallos 03-52 y Unidad Nacional Open
Guayas / Guayaquil / Carbo (Concepcion) / Junin 400 y General Cordova Open
Manabi / Manta / Manta / Avenida 4 de Noviembre Av.malecon S/N y Entre las Calles 20 y 23 Open
Pichincha / Mejia / Machachi / Gonzalez Suarez 1-72 y Amazonas Open
Azuay / Cuenca / el Sagrario / Benigno Malo 9-60 y Gran Colombia Open
Pichincha / Quito / Tumbaco / Av. Oswaldo Guayasamin Oe1-245 y Juan Montalvo Open
Guayas / Guayaquil / Tarqui / Principal S/N Open
Pichincha / Quito / Calderon (Carapungo) / Av Giovanni Calles Lascano S/N y Av.cacha Open
Santa Elena / la Libertad / la Libertad / Av. 4 9 y Calle 23 Open
Pichincha / Quito / Chillogallo / Av. Quitumbe Ñan S/N y Av. Rafael Moran Valverde Open
Pichincha / Quito / Guamaní / Rio Congo E1-36 y Av. Pedro V. Maldonado Open
Pichincha / Quito / San Juan / Av. 10 de Agosto N1641 y Buenos Aires Open
Guayas / Milagro / Milagro / Presidente Espinoza S/N y 12 de Octubre Open
Guayas / Guayaquil / Febres Cordero / Av. Portete 813 y Calle 14Ava Open
Pichincha / Rumiñahui / San Rafael / Av. Ilalo S/N y Av. General Rumiñahui Open
Guayas / Guayaquil / Ximena / Av. Victor E. Estrada 410 y Datiles Open
Tungurahua / Ambato / la Merced / Castillo 04-58 y Sucre Open
El Oro / Machala / Machala / Rocafuerte-santa Rosa S/N Open
Loja / Loja / el Sagrario / Jose Eguiguren S/N y Sucre Open
Guayas / Guayaquil / Tarqui / Av. Rodolfo Baquerizo SN y Calle Lateral 12 Open
Guayas / Guayaquil / Ximena / Av. 25 de Julio SN y Ernesto Alban Open
Pichincha / Quito / Cotocollao / Av. Mariscal Sucre SN y Prensa Open
Cotopaxi / Latacunga / la Matriz / Juan Abel Echeverria SN y Quito Open
Esmeraldas / Esmeraldas / Esmeraldas / Mejia 3-15 y Olmedo y Sucre Open
Pichincha / Quito / Guamaní / Av. Maldonado SN y Rio Congo Open
Los Rios / Quevedo / Quevedo / Av. 7 de Octubre 1115 y Decima Primera Open
Guayas / Duran / Eloy Alfaro (Duran) / Open
Manabi / Chone / Chone / Pichincha 32C10 y Bolivar y Rocafuerte Open
Esmeraldas / Quininde / Rosa Zarate (Quininde) / Av. Simon Plaza Torres SN y Nelson Valencia Open
Manabi / el Carmen / el Carmen / Av. Chone SN y Entre Abdon Calderon y Vicente Rocafuerte Open
Guayas / Guayaquil / Pascuales / Av. Modesto Luque S/N y Casuarinas Open
Santo Domingo de los Tsachilas / Santo Domingo / Zaracay / Av. Quito S/N y Rio Mulaute Open
Pichincha / Quito / Cotocollao / Av. Cristobal Vaca de Castro N58-195 y Av. la Prensa Open
Guayas / Guayaquil / Ximena / Av. 25 de Julio Solar 9 y Primera Open
Manabi / Portoviejo / 18 de Octubre / Avenida América S/N y Calle Tenis Club Open
Manabi / Manta / Tarqui / Avenida 113 S/N y Entre las Calles 117 y 118 Open
Guayas / Daule / Daule / Av. Vicente Piedrahita 442 y Guayaquil Open
Los Rios / Babahoyo / DR. Camilo Ponce / Av. General Barona 906 y Martín Icaza Open
Pichincha / Quito / la Concepción / Tomas de Berlanga E8-12 y Isla Seymur Open
Pichincha / Quito / Calderon (Carapungo) / Av. Simon Bolivar S/N y Panamericana Norte Open
Guayas / Guayaquil / Tarqui / Avenida Juan Tanca Marengo S/N y Avenida Joaquin Orrantia Open
Pichincha / Quito / Iñaquito / Av. Amazonas N36-177 y Corea Open
Santa Elena / Santa Elena / Santa Elena / Av. Sucre S/N y Entre 18 de Agosto y Juan Montalvo Open
Manabi / Portoviejo / Portoviejo / Ricaurte SN y Entre Colon y Quiroga Open
Guayas / Guayaquil / Tarqui / Avenida Francisco de Orellana SN y Entre Calles 24A y 23A Open
Azuay / Cuenca / Yanuncay / Av. Felipe Ii SN y Circunvalacion Sur Open
Azuay / Cuenca / el Sagrario / Luis Cordero 6-57 y Presidente Cordova Closed
Tungurahua / Ambato / Matriz / Lalama 402 y Sucre Closed
Guayas / Guayaquil / Tarqui / Primero de Mayo 600 y Av. del Ejercito Closed
Pichincha / Quito / Centro Histórico / Olmedo 131 Oe 1A y Antonio Bustamante Closed
Pichincha / Quito / Cotocollao / Av. de la Prensa 5445 y Rigoberto Heredia Closed
Pichincha / Quito / Solanda / Av. Teniente Hugo Ortiz S/N y Ayapamba Closed
Esmeraldas / Esmeraldas / Esmeraldas / Simon Bolivar 215 y Mejia Closed
Guayas / Guayaquil / Tarqui / Principal Solar 16 Closed
Guayas / Guayaquil / Ximena / Principal S/N y Cooperativa el Pedregal Closed
Manabi / Portoviejo / Portoviejo / Olmedo S/N y 10 de Agosto Closed
Cotopaxi / Latacunga / la Matriz / Sanchez de Orellana 14-32 y General Maldonado Closed
Tungurahua / San Pedro de Pelileo / Pelileo / Av. Club Chacaritas S/N y Miguel Angel Ricaurte Closed
Loja / Loja / el Sagrario / Bolivar 08-71 y Rocafuerte Closed
Santo Domingo de los Tsachilas / Santo Domingo / Santo Domingo de los Colorados / Av. Quito 512 y Choneras del Napa Closed
Cotopaxi / Salcedo / San Miguel / Bolivar S/N y 24 de Mayo Closed
Santo Domingo de los Tsachilas / Santo Domingo / Santo Domingo de los Colorados / Av. la Paz N1-22 y Santa Rosa Closed
Manabi / Portoviejo / Portoviejo / Rocafuerte S/N y 9 de Octubre Closed
Pichincha / Quito / Centro Histórico / Garcia Moreno N5-48 y Chile Closed
Pichincha / Quito / Iñaquito / Av. Republica 500 y Pasaje Joaquin Carrion Closed
Pichincha / Quito / Iñaquito / Av. Naciones Unidas S/N y Av. 6 de Diciembre Closed
Pichincha / Quito / Calderon (Carapungo) / Padre Luis Vaccari N252 y J Closed
Guayas / Guayaquil / Ximena / Via a Daule S/N Closed
Guayas / Guayaquil / Ximena / Av. 25 de Julio S/N y Pio Jaramillo Alvarado Closed
Guayas / Guayaquil / Tarqui / Av. Constitucion S/N y Av. Juan Tanca Marengo Closed
Guayas / Guayaquil / Tarqui / Av. Benjamin Rosales S/N y Av. de las Americas Closed
Pichincha / Quito / Chimbacalle / Av. Moran Valverde S/N y Av. Teniente Hugo Ortiz Closed
Guayas / Guayaquil / Carbo (Concepcion) / Cordova 924 y Fransisco de P Icaza Closed
Manabi / Manta / Tarqui / Av. 106 S/N y Calle 102 Closed
Guayas / Guayaquil / Roca / Av. 9 de Octubre S/N y Rumichaca Closed
Pichincha / Quito / Cotocollao / Av. de la Prensa 5443 y Av. Rigoberto Heredia Closed
Pichincha / Quito / Cumbaya / Av. Interoceanica S/N y Pasaje el Valle Closed
Pichincha / Quito / la Magdalena / Av. Maldonado 14-205 Closed
Guayas / Duran / Eloy Alfaro (Duran) / S/N Closed
Pichincha / Rumiñahui / San Rafael / Av. General Enriquez S/N y Av. Ilalo Closed
Guayas / Guayaquil / Ximena / Av. 25 de Julio SN y Ernesto Alban Closed
Pichincha / Quito / la Magdalena / Av. Michelena Oe5-184 y Francisco Coronel Closed
Santo Domingo de los Tsachilas / Santo Domingo / Santo Domingo de los Colorados / Av. Quito SN y Cocaniguas Closed
Guayas / Guayaquil / Tarqui / Av. Benjamin Carrion SN y Felipe Peso Closed
Guayas / Guayaquil / Nueve de Octubre / Av. 9 de Cotubre 735 y Garcia Aviles Closed
Pichincha / Quito / Cotocollao / Av. Galo Plaza 6060 y Santa Lucia Closed
Pichincha / Quito / la Magdalena / Av. Mariscal Sucre S11-449 y Pedro Capiro Closed
Tungurahua / Ambato / Huachi Chico / Av. Julio Jaramillo SN y Av. Atahualpa Closed
Pichincha / Quito / la Magdalena / Av. Maldonado SN Closed
Santo Domingo de los Tsachilas / Santo Domingo / Santo Domingo de los Colorados / Av. Quito SN y Abraham Calazacon Closed
Pichincha / Quito / San Bartolo / Av. Maldonado 121 y Gil Martin Closed
Pichincha / Quito / San Bartolo / Rodrigo de Chavez Oe2-52 y Pedro de Alfaro 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 54 open establishments across 14 provinces, plus 46 closed.

1 18

Provinces with a presence

Pichincha head office 18 locations
Guayas 13 locations
Manabi 6 locations
Tungurahua 2 locations
Azuay 2 locations
Esmeraldas 2 locations
Imbabura 2 locations
Santa Elena 2 locations

The eight with the most locations are listed; the map shows them all.

Establishments declared to the SRI (Servicio de Rentas Internas, the national tax authority), updated 2026-09-04. 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