# Banco Pichincha (Ecuador)

> Source: https://docs.barcoder.ai/docs/wallets/banco-pichincha
> research date 2026-05-30 · extracted at 2026-10-07
> Publisher: Barcoder — encyclopedia of QR, barcode and payment-code standards

Specifications:
- [Banco Pichincha — official](https://www.pichincha.com/)

## Overview

**Banco Pichincha (Ecuador)** is **Ecuador's largest commercial bank by assets** + **Fidel Egas Grijalva family controlling** + **~7M+ customers + ~30% Ecuadorian banking market share** + **6-country footprint EC+CO+PE+US+ES+PA** + **DEUNA Ecuadorian fintech subsidiary** <sup>[1][1], [Ecuador report](https://docs.barcoder.ai/docs/payments/EC)</sup>.

## History

**Apr 11 1906 — Banco Pichincha C.A. founded in Quito, Ecuador** distinctive Ecuadorian banking heritage.

**Late 20th century — Banco Pichincha consolidated as Ecuador's largest commercial bank by assets**.

**2014 — Banco Pichincha Mobile Banking app launch**.

**2021 — DEUNA Ecuadorian fintech subsidiary launch + cross-border payments app**.

## Ownership & operator

**Operating entity**: **Banco Pichincha C.A.** (Ecuador's largest commercial bank by assets; Fidel Egas Grijalva family controlling).

**Major shareholders**: **Fidel Egas Grijalva family controlling via Pichincha Holdings + Ecuadorian retail + institutional + foreign investors**.

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

## Technical integration

Banca Móvil Banco Pichincha app (iOS + Android; ~7M+ customers) + pichincha.com online + Banco Pichincha branch network across Ecuador + Colombia + Peru + US + Spain + Panama + Banco Pichincha Visa + Mastercard cards; EC IBAN + DEUNA (Ecuadorian instant mobile P2P payments by Banco Pichincha subsidiary).

## Implementations & partners

**Major Ecuadorian banking + payments competitors**: [Banco Guayaquil (Ecuador)](https://docs.barcoder.ai/docs/wallets/banco-guayaquil) (Banco Guayaquil Ecuador's #2 commercial bank by assets) + [Produbanco (Ecuador)](https://docs.barcoder.ai/docs/wallets/produbanco) (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) + DEUNA (DEUNA Ecuadorian instant mobile P2P payments by Banco Pichincha subsidiary) + Banco Bolivariano (Banco Bolivariano Ecuadorian commercial bank).

**Regulators**: SB Ecuador + BCE.

## Status

**Active, Ecuador's largest commercial bank by assets + Fidel Egas Grijalva family controlling + ~7M+ customers + ~30% Ecuadorian banking market share + 6-country footprint EC+CO+PE+US+ES+PA + DEUNA Ecuadorian fintech subsidiary** <sup>[1][1], [2][2]</sup>.

## Sources

[1]: https://www.pichincha.com/ "Banco Pichincha — official"
[2]: https://en.wikipedia.org/wiki/Banco_Pichincha "Banco Pichincha — Wikipedia"
[ec-cro]: https://docs.barcoder.ai/docs/payments/EC

- [1] [Banco Pichincha — official][1]
- [2] [Banco Pichincha — Wikipedia][2]
- <sup>[Ecuador report](https://docs.barcoder.ai/docs/payments/EC)</sup> In-corpus: `reports/countries/EC-ecuador.md`

## Source

Biography extracted from [banco-pichincha.md](https://docs.barcoder.ai/source/wallets/banco-pichincha). See `matrix.md` for standards-support matrix if present.