A banana-trade bank that outgrew its province: Banco de Machala was born in 1962 to finance Ecuador's fruit exporters and has quietly become a nationally rated lender with more than $1.1 billion in assets — yet it remains tightly held by the family that founded it. Full nameBanco de Machala S.A. Ticker / exchangeBANCODEMACHALA.EC — bonds listed on Bolsa de Valores de Guayaquil (BVG); equity is closely held HeadquartersMachala, El Oro Province, Ecuador SectorCommercial banking (private, medium-tier) Employees1,001–5,000 (2024) Market value (equity)Not disclosed in available sources (no listed equity) Total …
Company Intelligence — Institutional Access
This dossier is part of our Company Intelligence database.
Full profiles, exchange dossiers and the regional intelligence briefs are available to institutional subscribers. Professional from US$490/year, Corporate US$1,450, Institutional US$3,900.
See institutional access →Already a subscriber? Log in.
Part of LatAm Company Intelligence
This company profile belongs to The Rio Times' research on every listed company and exchange in Latin America and the Caribbean. Browse the full intelligence hub →
Read More from The Rio Times
The Rio Times · Power Map
See who really holds power in Latin America
Click to open the Power Map →