Public development banks

Banecuador

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.

RUC: 1768183520001

Assets: $2,234 M
Public deposits: $1,713 M
Loan book: $1,166 M
Period result: $26.2 M

What its balance sheet is made of

As of July 31, 2026

Where the money is placed

Loan book $1,166 M 52.2%
Investments $612 M 27.4%
Available funds $312 M 14.0%
Rest of the assets $144.1 M 6.4%

Where it comes from

Sight deposits $1,083 M 49.1%
Term deposits $600.2 M 27.2%
Financial obligations $24.3 M 1.1%
Own equity $380.2 M 17.2%
Other liabilities $120.1 M 5.4%

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 $163.9 M against expenses of $137.7 M: that is where the headline result of $26.2 M comes from.

Who it lends to

Gross loans $1,392 M

Microcredit $1,025 M 73.6% Segment delinquency: 15.7%
Productive $291.7 M 20.9% Segment delinquency: 12.8%
Consumer $70.4 M 5.1% Segment delinquency: 6.9%
COVID-19 refinanced and restructured $5.6 M 0.4%

Credit is not one thing: the bulletin breaks it down by segment, each with its risk and its price. Here the microcredit segment dominates, with 73.6% 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, $1,392 M, differs from the net loan book in the header, $1,166 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 13.5% 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: 31.3%
Nonperforming loans over equity 53.6% 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: 16.1%
Equity over immobilized assets 345.0% 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: 1138.6%

Loan book quality

Total loan delinquency 14.6% 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: 9.9%
Coverage of problem loans 111.2% 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: 177.1%
Earning assets over the total 80.8% 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: 93.1%

Profitability

Return on equity (ROE) 11.8% 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: 18.2%
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: 5.7%
Intermediation margin over assets -1.0% 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: 1.4%

Efficiency

Operating cost over margin 134.3% 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: 52.7%
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: 1.5%
Personnel cost over assets 2.2% 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: 0.9%

Liquidity and funding

Immediate liquidity 22.7% 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: 44.0%
Financial intermediation 82.7% 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: 136.6%
Yield of the performing loan book 15.1% 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: 10.4%

The full balance sheet (assets $2,234 M, liabilities $1,828 M, equity $380.2 M) satisfies the bulletin's accounting identity: the period result, $26.2 M, is exactly assets minus liabilities minus equity.

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

Where its deposits sit

120 cantons · 2,460,585 accounts

Quito Pichincha $291.5 M
Guayaquil Guayas $92.6 M
Cuenca Azuay $47.6 M
Azogues Cañar $47 M
Riobamba Chimborazo $42.6 M
Ambato Tungurahua $41.1 M

The Superintendencia's territorial report breaks down each bank's deposits by canton. Banecuador holds public deposits in 120 cantons, spread across 2,460,585 accounts; above, the cantons where it holds the most.

Tax status (SRI)

updated September 5, 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: June 1, 2015

Establishments · 143 registered, 143 open

HEAD OFFICE Guayas / Guayaquil / Roca / Panama 704 y Roca Open
Pichincha / Quito / Iñaquito / Av Rio Amazonas S/N y Union Nacional de Periodistas Open
Pichincha / Quito / San Juan / Avenida de 10 de Agosto Oe 1-15 y Antonio Ante Open
Imbabura / Ibarra / Sagrario / Garcia Moreno 620 y Bolivar Open
Pichincha / Quito / San Juan / Av. 10 de Agosto Oe1-15 y Antonio Ante Open
Chimborazo / Riobamba / Veloz / Primera Constituyente 2057 y 5 de Junio Open
Manabi / Portoviejo / Portoviejo / Olmedo S/N y Bolivar Open
Azuay / Cuenca / el Sagrario / Mariscal Sucre 827 y Luis Cordero Open
Loja / Loja / el Sagrario / Jose Antonio Eguiguren 1453 y Bolivar Open
Esmeraldas / Esmeraldas / Esmeraldas / Bolivar 300 y Mejia Open
Esmeraldas / Muisne / Muisne / Isidro Ayora 438 y Luis Vargas Torres Open
Esmeraldas / Quininde / Rosa Zarate (Quininde) / Av. 3 de Julio S/N y Cipriano Quiñonez Open
Esmeraldas / San Lorenzo / San Lorenzo / Av. Imbabura S/N y Tacito Ortiz y Padre Mariani Open
Carchi / Tulcan / Tulcan / Pichincha 486 y Sucre Open
Carchi / Espejo / el Angel / Esmeraldas S/N y Salinas Open
Carchi / Montufar / Gonzalez Suarez / Manuel Maria Carrera S/N y Montufar Open
Carchi / Mira / Mira (Chontahuasi) / Narchin S/N y Mira Open
Sucumbios / Lago Agrio / Nueva Loja / Av. Quito 113 y Av. Colombia Open
Sucumbios / Gonzalo Pizarro / Lumbaqui / Chiriboga S/N y Alcala del Rio Dorado Open
Sucumbios / Shushufindi / Shushufindi / Av. Aguarico Tres Entre Shuaras S/N y 10 de Agosto Open
Imbabura / Ibarra / Sagrario / Bolivar Abr-78 y Garcia Moreno Open
Imbabura / Antonio Ante / Atuntaqui / Perez Muñoz S/N y Amazonas y General Enriquez Open
Imbabura / Otavalo / Jordan / Juan Montalvo 476 y Bolivar Open
Pichincha / Quito / San Juan / Antonio Ante 107 y Av. 10 de Agosto Open
Pichincha / Cayambe / Cayambe / Bolivar 302 y Teran Open
Pichincha / Mejia / Machachi / Cristobal Colon S/N y Pasaje Mejia Open
Pichincha / San Miguel de los Bancos / San Miguel de los Bancos / Bernabe de Larraul S/N y 6 de Diciembre Open
Pichincha / Rumiñahui / Sangolqui / Av. Luis Cordero 377 y Av. General Enriquez Open
Napo / Tena / Tena / Alfredo Pareja S/N y Av. Simon Bolivar Open
Orellana / Orellana / Puerto Francisco de Orellana (El Coca) / Av. Eloy Alfaro S/N y 6 de Diciembre Open
Napo / Quijos / Baeza / 17 de Enero S/N y Av. de los Quijos Open
Orellana / la Joya de los Sachas / la Joya de los Sachas / Guayaquil S/N y Av. Fundadores Open
Orellana / Loreto / Loreto / Av. Rafael Andrade S/N y Diego Siquinga Open
Cotopaxi / Latacunga / la Matriz / General Maldonado 6-20 y Sanchez de Orellana Open
Cotopaxi / Pangua / el Corazon / Luis Benedito Tovar S/N y Sucre y Bolivar Open
Cotopaxi / la Mana / la Mana / Av. 19 de Mayo 903 y Eloy Alfaro Open
Cotopaxi / Sigchos / Sigchos / Guayaquil S/N y Ilinizas Open
Chimborazo / Riobamba / Riobamba / Primera Constituyente 2059 y 5 de Junio Open
Chimborazo / Riobamba / Maldonado / Av. Leopoldo Freire S/N y Bucarest Open
Chimborazo / Guano / la Matriz / Garcia Moreno S/N y Leon Hidalgo Open
Chimborazo / Alausi / Alausi / Av. 5 de Junio S/N y Esteban Orozco Open
Chimborazo / Chunchi / Chunchi / Capitan Ricaute 374 y Av. 4 de Julio Open
Chimborazo / Cumanda / Cumanda / 09 de Octubre S/N y Cumandá Open
Pastaza / Pastaza / Puyo / Ceslao Marin 50001 y 20 de Julio Open
Tungurahua / Ambato / Matriz / Bolivar 374 y Mera Open
Tungurahua / Cevallos / Cevallos / Av. 24 de Mayo S/N y Felipa Real Open
Tungurahua / Santiago de Pillaro / Pillaro / Carlos Tamayo 063 y Folres y Sucre Open
Tungurahua / Quero / Quero / Mariano Benitez S/N y 17 de Abril Open
Manabi / Portoviejo / Portoviejo / Morales y Mejia S/N y Simon Bolivar y Quiroga Open
Manabi / Sucre / Bahia de Caraquez / Av. Bolivar S/N y Ante y Ascazubi Open
Manabi / Bolivar / Calceta / Sergio Domingo Dueñas S/N y 10 de Agosto Open
Manabi / Chone / Chone / Bolivar 179 y Atahualpa Open
Manabi / el Carmen / el Carmen / Victor Astudillo 105 y Luis Felix Lopez Open
Manabi / Flavio Alfaro / Flavio Alfaro / Carlos Alberto Aray S/N y Luis Naveda Open
Manabi / Jipijapa / San Lorenzo de Jipijapa / 9 de Octubre S/N y Sucre y 10 de Agosto Open
Manabi / Manta / Manta / Avenida 24 S/N y Av.flavio Reyes Open
Manabi / Pajan / Pajan / Alejo Lascano SN y Abel Rodriguez Open
Manabi / Pedernales / Pedernales / Avenida Garcia Moreno S/N y Via al Carmen Open
Manabi / Rocafuerte / Rocafuerte / Pedro Carbo S/N y Rocafuerte Open
Santo Domingo de los Tsachilas / Santo Domingo / Santo Domingo de los Colorados / Av. Quito S/N y Av. Rio Toachi Open
Bolivar / Guaranda / Gabriel Ignacio Veintimilla / Av. 7 de Mayo 505 y 10 de Agosto Open
Bolivar / Caluma / Caluma / Av. la Naranja S/N y Pedro Monar Open
Bolivar / Chillanes / Chillanes / Garcia Moreno S/N y Regulo de Mora Open
Bolivar / Echeandia / Echeandia / Simon Bolivar S/N y Sucre Open
Bolivar / las Naves / las Naves / Gil Avilez S/N y Felipe Gil Open
Bolivar / San Miguel / San Miguel / Guayas 13-20 y Bolivar y Olmedo Open
Guayas / Guayaquil / Roca / Panama 704 y Roca Open
Guayas / Guayaquil / Tarqui / Carlos L. Plaza Dañin S/N y J Open
Guayas / Guayaquil / Ximena / Av. Domingo Comin ND S/N y Av. Pio Jarmaillo Open
Guayas / Samborondon / Samborondon / Garcia Moreno S/N y Bolivar Open
Guayas / Santa Lucia / Santa Lucia / Av 12 de Diciembre S/N y Pedro Jimenez Open
Guayas / Guayaquil / Tarqui / Av. Camilo Ponce Enriquez S/N y Calle 24 Open
Guayas / Daule / Daule / Francisco de Marcos y Simo S/N y Bolivar Open
Guayas / Milagro / Milagro / Juan Montalvo 627 y 9 de Octubre Open
Guayas / Naranjal / Naranjal / Panamericana Sur 400 y Hortencia Mata Open
Guayas / Balzar / Balzar / 9 de Octubre S/N y Daule Open
Guayas / Colimes / Colimes / 29 de Abril S/N y Santa Rosa y Padre Fierro Open
Guayas / el Empalme / Velasco Ibarra (El Empalme) / Vicente Rocafuerte S/N y Eloy Alfaro Open
Guayas / el Triunfo / el Triunfo / Av 08 de Abril 905 y Jaime Roldos Open
Guayas / Pedro Carbo / Pedro Carbo / Av. 9 de Octubre S/N y Leopoldo Gordon Open
Galapagos / San Cristobal / Puerto Baquerizo Moreno / Ignacio Hernandez S/N y 12 de Febrero Open
Galapagos / Santa Cruz / Puerto Ayora / Av. Baltra S/N Open
Los Rios / Babahoyo / DR. Camilo Ponce / Malecon Eloy Alfaro S/N y Rocafuerte Open
Los Rios / Quevedo / Quevedo / 7 de Octubre 216 y Quinta Open
Los Rios / Baba / Baba / Av. Guayaquil S/N y Antonio Jose de Sucre Open
Los Rios / Urdaneta / Catarama / Av. Carlos Tola S/N y Av. Guayaquil Open
Los Rios / Valencia / Valencia / General Enriquez S/N y Vicente Rocafuerte Open
Los Rios / Ventanas / Ventanas / Av. Seminario 214 y Malecon Open
Los Rios / Vinces / Vinces / Antonio Jose de Sucre S/N y Olmedo Open
Santa Elena / Santa Elena / Santa Elena / Manabi S/N y Guayaquil y 18 de Agosto Open
Santa Elena / Salinas / Anconcito / Principal S/N y Secundaria Open
Santa Elena / Salinas / José Luis Tamayo (Muey) / Manabi S/N y Guayaquil y Av. Carlos Espinoz Open
Azuay / Cuenca / el Sagrario / Mariscal Sucre 8-27 y Luis Cordero Open
Azuay / Camilo Ponce Enriquez / Camilo Ponce Enriquez / 24 de Enero S/N y Rio Siete Open
Azuay / Giron / Giron / Simon Bolivar S/N y Luis Monsalve Pozo Open
Azuay / Gualaceo / Gualaceo / Luis Cordero S/N y Abelardo J. Andrade Open
Azuay / Paute / Paute / Luntur S/N y Daniel Palacios Open
Azuay / Santa Isabel / Santa Isabel (Chaguarurco) / 3 de Noviembre S/N y 24 de Mayo Open
Cañar / Azogues / Azogues / Bolivar 023 y Azuay Open
Cañar / Cañar / Cañar / Javiera Nieto S/N y Guayaquil Open
Cañar / la Troncal / la Troncal / Av. Alfonso Andrade 824 y Eloy Alfaro Open
Morona Santiago / Morona / Macas / Domingo Comin S/N y Soasty Open
Morona Santiago / Gualaquiza / Gualaquiza / Francisco de Orellana S/N y Eloy Alfaro Open
Morona Santiago / Limon - Indanza / General Leonidas Plaza Gutierrez (Limon) / 28 de Mayo S/N y Simon Bolivar Open
Morona Santiago / Santiago / Santiago de Mendez / Cuenca S/N y Av. Crea Open
Morona Santiago / Pablo Sexto / Pablo Sexto / Padre Isidoro Formaggio 50001 y 30 de Octubre Open
Morona Santiago / Palora / Palora (Metzera) / 6 de Septiembre 608 y Av. Juan Leon Mera Open
Morona Santiago / Sucua / Sucua / Edmundo Carvajal S/N y Carlos Olson Open
El Oro / Machala / Machala / 9 de Mayo 1801 y 25 de Junio Open
El Oro / Arenillas / Arenillas / Ingeniero Davila S/N y Republica del Ecuador Open
El Oro / Piñas / Piñas / Garcia Moreno S/N y Sucre Open
El Oro / Santa Rosa / Santa Rosa / Modesto Chavez Franco S/N y Guayas Open
El Oro / Zaruma / Zaruma / Plaza de la Independencia S/N y 9 de Octubre Open
Loja / Loja / el Sagrario / Jose Antonio Eguiguren S/N y Entre Bolivar y Sucre Open
Loja / Puyango / Alamor / Guayaquil 08-59 y Sucre y Colon Open
Loja / Calvas / Cariamanga / Jeronimo Carrion S/N y David Salazar Open
Loja / Paltas / Catacocha / Domingo Celi S/N y Adriano Valarezo Open
Loja / Celica / Celica / Manuela Cañizares S/N y Jose Cuero y Caicedo Open
Loja / Gonzanama / Gonzanama / Loja S/N y Bolivar Open
Loja / Macara / Macara / Emiliano Correa 3238 y Juan Leon Mera Open
Loja / Saraguro / Saraguro / Jose Maria Vivar S/N y Av. el Oro y 10 de Marzo Open
Loja / Sozoranga / Sozoranga / Av. Nueva Fatima S/N y Felicisimo Samaniego Open
Loja / Zapotillo / Zapotillo / Av. Amazonas S/N y Jaime Roldos Aguilera Open
Zamora Chinchipe / Zamora / Zamora / Sevilla de Oro S/N y Pio Jaramillo Alvarado Open
Zamora Chinchipe / Nangaritza / Guayzimi / Av. Monseñor Jorge Mosquera S/N y 19 de Noviembre Open
Zamora Chinchipe / Palanda / Palanda / San Vicente S/N y Alonso de Mercadillo Open
Zamora Chinchipe / Yantzaza / Yanzatza / Jorge Mosquera S/N y Armando Arias Esquina Open
Zamora Chinchipe / Chinchipe / Zumba / 12 de Febrero S/N y Orellana Open
Tungurahua / Ambato / Pishilata / Av. Julio Jaramillo S/N y Av. Tres Carabelas Open
Manabi / Jaramijo / Jaramijo / Nalecon S/N y S/N Open
Manabi / Manta / Manta / Av la Cultural S/N y S/N Open
Manabi / Pichincha / Pichincha / Filamil Velez S/N y Manabí Open
Santo Domingo de los Tsachilas / la Concordia / la Concordia / 10 de Agosto S/N y Primero de Mayo Open
Tungurahua / Baños de Agua Santa / Baños de Agua Santa / 12 de Noviembre S/N Open
Imbabura / Cotacachi / Sagrario / García Moreno 6-20 y Gonzalez Suarez Open
Loja / Catamayo / Catamayo / Isidro Ayora S/N y 24 de Mayo Open
Pichincha / Quito / Iñaquito / Av Rio Amazonas SN y Union Nacional de Periodistas Open
Esmeraldas / Esmeraldas / Luis Tello (Las Palmas) / Av Jaime Roldos Aguilera SN y Av Principal Puerto Pesquero Open
Los Rios / Mocache / Mocache / Libertad SN y Jaime Roldos Open
Pichincha / Quito / Chimbacalle / Av. Gualberto Perez SN y Andres Perez Open
Pichincha / Quito / Centro Histórico / Gran Colombia N11-258 Open
Galapagos / Isabela / Puerto Villamil / Av Escalecias SN y Antonio Gil Open
Santo Domingo de los Tsachilas / Santo Domingo / Santo Domingo de los Colorados / Av. Clemencia Rodriguez de Mora SN y la Paz Open

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 143 open establishments across 24 provinces.

1 15

Provinces with a presence

Guayas head office 15 locations
Manabi 15 locations
Loja 12 locations
Pichincha 11 locations
Los Rios 8 locations
Chimborazo 7 locations
Azuay 7 locations
Morona Santiago 7 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 2026-09-05. 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