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Banco Guayaquil

Debt : May 2019 - May 2023

Banco Guayaquil is an Ecuadorian universal bank with more than 95 years of experience in the country, an excellent track record and a significant MSME portfolio.

Amount

€ 13,100,400.00

Type of investment

Debt

Development impacts

  • Local economic growth
  • Promotion of ESG best practices

Beneficiary locations

Latin America and Caribbean: Ecuador

Investment field

Financial Institutions

Activity

KK.64.190  Commercial banking

Organisation

Banco Guayaquil

Domicile

Ecuador

More investments in

Banco Guayaquil

  • Debt $ 20,000,000.00 (2024)
  • Subsidy $ 47,853.00 (2023)
  • Subsidy € 48,546.00 (2021-2022)

BIOs investment will be used towards MSMEs as well as for financing green businesses and energy efficiency projects.

Development impacts

  • Local economic growth

    Financing Banco Guayaquil will improve local MSME financing and bring innovative products to the SME financing market (launch of green products);
    Through its “Banco del Barrio” network (small shops) offering Banco Guayaquil’s products, revenues of small entrepreneurs/shop owners (today 5.000) are enhanced and diversified.

  • Promotion of ESG best practices

    Promotion of good social practices: Banco Guayaquil is Smart Campaign (CPP) certified.

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