Company Information

Get to know Produbanco

Founded in 1978 in Quito, Ecuador, Produbanco has grown to become one of the country's leading banks. It offers a comprehensive portfolio of financial products and services, including savings and checking accounts, consumer and commercial loans, credit cards, investments, and foreign trade services. With a strong focus on the corporate and business sectors, it also provides robust solutions for personal banking. Since 2014, Produbanco has been a subsidiary of the Promerica Financial Corporation (Grupo Promerica), a prominent financial conglomerate with a presence in nine countries across Latin America.

Industry

Financial BankingPRIMARY
Financial Other Service

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Produbanco

Ecuador

Founded in

1977 (49 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.

Regulated

Recommended

IUX

(2,284 reviews)

Mauritius

2015

(10 years)

Security Information :

FSCA

FSC

ASIC

Security Information

Warning

This company is currently Unproved.

Please be cautious of the potential risks!

License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.