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Article: Ecuador: Banco del Pichincha adopts regional strategy.
- Article from:
- South American Business Information
- Article date:
- April 25, 2001
CopyrightCOPYRIGHT 2001 COMTEX News Network, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Ecuador, Apr 23, 2001
Banco del Pichincha is readying a strategy to reinforce its services that included in 2000 the acquisition of the credit portfolio of Banco Popular in a US$62mil deal. Pichincha has 210 branches, 251 ATMs or cash dispensers, and 4,000 employees. Currently it has 18% of the Ecuadorian credits portfolio and 18% of the bank deposits, while it has an alliance with Bancolombia (Colombia) and Banco Mercantil ...
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Article: Fitch Changes Support Rtg for Ecuador's Banco del ...
Business Wire;
July 19, 2002 ;
439 words
... ... NEW YORK--(BUSINESS WIRE)--July 19, 2002 Fitch Ratings has changed the support rating for Ecuador's Banco del Pichincha (Pichincha) and Produbanco to a '5T' from a '4T'. Support ratings represent Fitch's assessment of whether ...
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