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Finance
CRÉDIT DESTINATION - JUN 2010
Type of credit Sum, thousand $ Participation
Industry and other sectors
Housing
Microbusiness
Total production credit
Personal credit
Total credit
5.882.773
1.341.660
836.385
8.060.817
3.174.274
11.235.091
52,40%
1,90%
7,40%
71,70%
28,30%
100,00%
Financial tower of the Territorial Bank in Quito
Office of the biggest bank of Ecuador
BANKING
There are different ways of evaluating the main banks
of Ecuador. The CAMEL method is used to measure
and analyze five key parameters: Capital, Asset, Man-
agement, Corporate Income and Liquidity.
This tool is used primarily in the financial sector to
make measurements of corporate risk. In June 2010,
based on rates published by the Superintendence of
Banks, in calculating the CAMEL Index for Banking
Institutions, there are several changes in terms of the
level of the positions of the banks, both large,medium
and small. Thus, in the group of large banks one can
see that Banco del Pacífico continues to occupy first
place, a position that it also held in December 2007.
Of the “Big Four” Ecuadorian banks, Pichincha was
demoted from second to fourth in these rankings;
where they also stood at the end of 2007. On the
other hand, Produbanco Bank and Guayaquil Bank
climbed up a position in the first quarter of this year.
Previously, first placed Produbanco moved from
third place to second, while Guayaquil bank shifted
from fourth place to third place.
In terms of medium-sized banks, Bolivariano bank
holds first position, according to the CAMEL index; a
position it previously held in the first quarter of 2010
and during the final quarter of 2007.Austro, Machala
and Proamérica Banks held places 4,5 and 6 re-
spectively in the same rankings.
Rumiñahui bank have also seen extensive improve-
ment, jumping from 7th to 3rd from 2007 to 2010.
The International Bank has also held first position for
some time. For the first half of 2010 it held second
place (as it did for most of 2007) and in March this
year it held third place.