Banco Guayaquil (Ecuador)

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Overview

Banco Guayaquil (Ecuador) is Ecuador's #2 commercial bank by assets + Lasso Mendoza family controlling - founding father Guillermo Lasso Mendoza former President of Ecuador 2021-2023 + ~2M+ customers ^{1, Ecuador report}.

History

1923 — Banco Guayaquil founded in Guayaquil, Ecuador distinctive Ecuadorian banking heritage.

1990s — Banco Guayaquil acquired + controlled by Lasso Mendoza family + Guillermo Lasso Mendoza future President of Ecuador.

2021-2023 — Guillermo Lasso Mendoza serves as President of Ecuador; Banco Guayaquil ownership remains with Lasso family despite presidency.

2014 — Banco Guayaquil Mobile Banking app launch.

Ownership & operator

Operating entity: Banco Guayaquil S.A. (Ecuador's #2 commercial bank by assets; Lasso Mendoza family controlling).

Major shareholders: Lasso Mendoza family controlling (Guillermo Lasso Mendoza Ecuadorian businessman + politician + former President of Ecuador 2021-2023) + Ecuadorian retail + institutional + foreign investors.

Regulators: SB Ecuador (Superintendencia de Bancos) + BCE (Banco Central del Ecuador).

Technical integration

Banco Guayaquil mobile app (iOS + Android; ~2M+ customers) + bancoguayaquil.com online + Banco Guayaquil branch network across Ecuador + Banco Guayaquil Visa + Mastercard cards; EC IBAN.

Implementations & partners

Major Ecuadorian banking + payments competitors: Banco Pichincha (Ecuador) (Banco Pichincha; Ecuador's largest commercial bank by assets + Fidel Egas Grijalva family controlling + ~7M+ customers + 6-country footprint + DEUNA fintech subsidiary) + Produbanco (Ecuador) (Produbanco Ecuadorian commercial bank; Promerica Group Central American + Andean banking parent) + Banco del Pacífico (Banco del Pacífico Ecuadorian state-owned commercial bank post-2018 bailout) + Banco Bolivariano (Banco Bolivariano Ecuadorian commercial bank) + Banco Internacional (Banco Internacional Ecuadorian commercial bank).

Regulators: SB Ecuador + BCE.

Status

Active, Ecuador's #2 commercial bank by assets + Lasso Mendoza family controlling - founding father Guillermo Lasso Mendoza former President of Ecuador 2021-2023 + ~2M+ customers ^{1, 2}.

Sources

1 Banco Guayaquil — official
2 Banco Guayaquil — Wikipedia
^{Ecuador report} In-corpus: reports/countries/EC-ecuador.md

Source

Biography extracted from banco-guayaquil.md. See matrix.md for standards-support matrix if present.