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Banco Internacional S.A. (Ecuador)

Main Activities: Commercial Banking | Credit Card Issuing
Secondary Activities: International Trade Financing
Full name: Banco Internacional S.A. Profile Updated: January 03, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English & Spanish Download a sample report

Banco Internacional S.A. is a financial institution located in Quito, Ecuador. It was founded in 1973 and operates throughout the country, serving over 500,000 clients. The bank is known for its strength, extensive national coverage, and focus on the productive sector. It is a leader in services and activities related to foreign trade. Banco Internacional is part of the IF Group, which has been operating in the Americas for over sixty years. The IF Group is highly diversified and has more than 10,000 professionals in 20 economic sectors, making it one of the region's main financial-industrial groups. The Group's Banking Division operates six banks in the United States, Peru, Guatemala, Venezuela, Curacao, and Ecuador. The bank's actions are guided by a long-term vision and a clear and focused value proposition for small, medium, and large companies, as well as individuals and their families. Banco Internacional is committed to continuous improvement, development, and the provision of quality financial services. Banco Internacional has been recognized for its management figures and efficiency. It has been awarded for six consecutive years by the Ekos Corporation as the most efficient entity within the national banking system. It also maintains the AAA rating, the highest rating given to banks in the country, by Class International Rating, which considers the institution's financial situation as very strong with an outstanding track record. In addition, Banco Internacional was named Bank of the Year 2018 in Ecuador by The Banker magazine. This award is given to banks with the best performance in the country's financial system, based on indicators such as management figures, asset and liability growth, capitalization, and return on equity. The Banker is a London-based magazine, part of The Financial Times publishing group, considered the world's leading resource for banking and financial analysis. The bank has focused on teamwork and has ensured the commitment of its employees by creating an empowering, motivating, and empathetic work environment. It aims to identify and enhance the capabilities of each individual to achieve institutional goals, working from the individual to the collective. As a result, Banco Internacional has been recognized by the Great Place to Work Institute as the best bank to work for in 2017, 2018, 2019, and 2023 in the category of companies with more than 500 employees, with the highest indicators of work environment and organizational culture.

Headquarters
Av. Patria E4-21 y 9 De Octubre
Quito; Pichincha;

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Website: http://www.bancointernacional.com.ec

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
May 29, 1973
Key Executives
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Executive President
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Chairman
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Vice President
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Member of Board of Directors
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Member of Board of Directors
Subsidiaries
Corporacion de Desarrollo de Mercado Secundario de Hipotecas CTH S.A.
3.71%
Company Performance
Financial values in the chart are available after Banco Internacional S.A. report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency USD. Absolute financial data is included in the purchased report.
Net interest income
2.48%
Operating profit (EBIT)
14.94%
Net Profit (Loss) for the Period
21.08%
Total assets
5.14%
Total equity
8.57%
Total Assets Trend
1.67%
Net Interest Income Trend
-3.16%

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