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Banco General Ruminahui S.A. (Ecuador)

Main Activities: Commercial Banking
Full name: Banco General Ruminahui S.A. Profile Updated: July 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 General Ruminahui S.A. is a financial institution located in Quito, Ecuador. It was established in 1988 to meet the financial needs of the Armed Forces of Ecuador. Over the years, BGR has evolved from a small bank to become the "Best Medium-Sized Bank in the country." The development achieved by BGR reflects a serious and responsible financial entity that provides security and trust, capable of managing public resources with transparency and honesty. In its founding year, BGR received support from founding partners such as the Directorate of Industries of the Army (DINE), the General Directorate of Civil Aviation (DAC), Astinave, and active-duty military personnel who placed their trust in a new, solid project focused on generating results.

Headquarters
Av. Republica 37-55 y Martin Carrion
Quito; Pichincha;

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Website: http://www.bgr.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:
August 14, 1988
Key Executives
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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
Company Performance
Financial values in the chart are available after Banco General Ruminahui 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
-10.62%
Net fee and commission income
9.9%
Operating profit (EBIT)
-22.14%
Net Profit (Loss) for the Period
-22.5%
Total assets
11.36%
Loans and advances to customers
4.08%
Deposits from customers
13.11%
Total equity
10.98%
Cost to Income Ratio
5.55%
Loans to Deposits Ratio
-6.82%
Loans to Asset Ratio
-4.32%

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