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THE FINANCIAL SYSTEM IN ECUADOR image - Coggle Diagram
THE FINANCIAL SYSTEM IN ECUADOR 
THE FINANCIAL SYSTEM IN ECUADOR
Traditionally, banks have taken over the money from the public in exchange for an interest.
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CONSTITUTION OF THE FINANCIAL SYSTEM
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CONTROL OF THE FINANCIAL SYSTEM
Between the year 1999 and 2000, the guarantee system for public deposits in
financial institutions was very incipient
For this reason, the State's control system over the financial system has been strengthened
LAST YEARS
At the end of the first decade of the 21st century, the Pichincha Bank is the most powerful institution in the country with the largest asset deposits and assets
As a result of the crisis of 1999, the mutualistic and the financial societies, which
in the past were numerous, have diminished
GEOGRAPHICAL LOCATION
Before the crisis of 1999, the financial centers were located in Guayaquil, today
they have moved mostly to Quito