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Finance
BANCO CAPITAL
Franklin Hidrobo
President
Av. Amazonas N34-311 andAv. Atahualpa, Quito
Tel.: +593 2 225 9021 / 226 5230
www.bancocapital.com
Area of activity: Bank
Banco Capital S.A, is a financial institution that offers in-
vestment, credit, and financial services. It forms part of the
Hidrobo Estrada Group. The institution serves not only as
a contractual partner of its clients, but also as a keeper
of its client’s financial interests, being responsible for their
deposits and individual interests. In spite of the economic
and political crisis, Banco Capital, together with the other
companies of Hidrobo Estrada Group have remained
solid and can look confidently into the future.
Its core strengths are loyalty and a clear understanding of
financial business, realistic and coherent strategies and
an excellent team that has talent for innovation based on
tradition.
Banco Capital S.A. offers its clients a wide array of prod-
ucts and services, which include:
• Certificates of Deposit or Investment
• Repos
• Car Loans
• Loans
• Factoring
• Leasing
• Financial Advising and Services
Banco Capital S.A. is governed by the laws of the Re-
public of Ecuador. Banco Capital itself is governed by the
Ecuadorian General Law of Financial Institutions.
Banco Capital S.A. is approved to operate as a financial insti-
tution by the Ecuadorian banking supervisory institution (Su-
perintendencia de Bancos).As a financial institution it is legally
permitted toperformall operations that abank canperform.
Aseguradora del Sur
Rodrigo Cevallos Breilh
Executive President
Av. República del Salvador N34-211 and Moscú, Quito
www.aseguradoradelsur.com.ec
Area of activity: Insurance Company
Date of creation: 1990
Annual turnover: $ 27.424.701,00 USD
Created in 1990, Aseguradora del Sur is an insurance
company originally founded in the city of Cuenca. In 1994,
the headquarters of the company were moved to Quito
because of its importance as a centre of rapid commercial
development.
From 1997 to 2010, the company opened new branch-
es in Cuenca, Loja, Ibarra, Portoviejo, Manta, Ambato,
Riobamba, Santo Domingo, Machala and the South
Coast.
In recent years, Aseguradora del Sur has experienced
steady growth, always emphasizing the seriousness with
which its treats its policyholders and providers.
In September 2009, Aseguradora del Sur increased its
capital by U.S. $ 1,890,995, from a capital of $ 1,320,005
to $ 3,131,000. This investment allowed the company to
pass from 18th to 7th place within the insurance compa-
nies rankings (in accordance with their social capital), es-
tablished the Superintendence of Banks.
Types of Insurance Policies Offered:
General Insurance
• Fire
• Theft or assault
• Business Interruption
• Fidelity (public and private)
• Personal Accidents
• Vehicles
• Liability
• Electronic Equipment
• Other
Technical Insurance
• Equipment and Machinery
• Breakage and Machinery
• Risks in Construction
• Civil Works
• Transportation
• Other
also developed a new methodology to provide assistance
to the most vulnerable people without access to financial
resources through community banks in order to better
manage their businesses, savings, credit options and pay-
ment schemes. Subsequently, this idea was adopted by
other institutions in microfinance and has increased their
performance in many countries, benefiting local societies.
“We are a microcredit bank present in 21 countries with a
mission to serve the neediest and lowest strata of the pop-
ulation, thosewho do not have access to traditional credit.”
Econ. Leonardo Polit
General Manager of Banco Finca
Banco Capital S.A. was recognized as the best finan-
cial institution in the Private Banking sector (entities with
a capital less than 200.000,000 USD) and received a
prestigious award in 2010 named the “Premio EKOS DE
ORO”.