Banco Guayaquil is a universal bank in Ecuador, founded in 1923, that competes for second place in the country's banking industry. It holds approximately 12% of the total assets in the Ecuadorian banking system and has a presence in all provinces. The bank's workforce exceeds 1,000 people.
The bank's technical focus is on digital banking and online/mobile platforms. Its digital platforms for online and mobile banking are recognized as the best-evaluated in Ecuador. Key metrics reflect this digital emphasis: 75% of savings accounts and 80% of consumer loans are processed digitally. Products include traditional services like credit cards and mortgage and auto loans, alongside digital solutions such as the Peigo virtual wallet and the community-based Banco del Barrio service.
Banco Guayaquil also maintains a strong focus on financial inclusion, with its micro, small, and medium enterprise (MIPYME) portfolio exceeding 30% of its total assets. The institution has a demonstrated commitment to gender initiatives and climate action.
