Banco Pichincha

Banco Pichincha was founded in 1906 and maintains a strong commitment to socially responsible banking.

About Banco Pichincha

Banco Pichincha is the largest private financial institution in Ecuador. Founded in 1906, the bank has a 31 percent market share, with approximately 2.5 million clients, a portfolio of over $4.8 billion and deposits of $6.9 billion. It has offices in all of Ecuador’s provinces, as well as Spain, Colombia, Peru, Panama and the US. All of its activities are built around a commitment to society, shareholders, the environment and gender equity.

The bank provides a range of products and services to meet the needs of the different client segments it serves, including microfinance, small and medium enterprises (SMEs), and corporations. Banco Pichincha has been able to successfully close the gap among populations that lack access to the formal financial sector through many of its business units, including microfinance unit Credi Fe, its Village Banking program and its non-bank correspondent channel ¡Pichincha Mi vecino!

The Program

Currently, 71 percent of the 91,000 clients in Banco Pichincha’s Village Banking program are women. The bank provides these clients with health insurance that covers illnesses, and maternity and outpatient needs through a network of clinics.

Banco Pichincha serves more than 108,000 SMEs with both credit and savings products, including 60,000 SME loans. The bank is designing a program that specifically targets and supports women-owned SMEs.

Members Button

WOMEN AT
BANCO PICHINCHA

More than 40 percent
of Banco Pichincha’s
customers are women.

Women represent
31 percent of the bank’s
credit portfolio and
40 percent of its deposits.

63 percent of the
bank’s staff is female.

The bank offers a number
of programs and benefits
to women employees,
including skill building for
career development, family
medical services and loans
to fulfill their financial goals.

banco-pichincha

The Opportunity - Ecuador

  • 71%

    of women in Ecuador were employed as of 2017, Findex found.
  • 42%

    of the country's women had bank accounts in 2017, Findex reported.
  • 8%

    of women saved with a financial institution in 2017, with 26% reporting that they saved somewhere that year, according to Findex.
  • 8%

    of women in Ecuador borrowed from a formal financial institution in 2017, yet 1/4 of all women borrowed money that year, Findex research found.