Verified List of Banks in Ecuador (2026 Update)
Official Name: Republic of Ecuador
Capital City: Quito
Currency: United States Dollar (USD)

Continent: S.Ame. Country: Ecuad. Total Banks: 26
Quito anchors the banking landscape of Ecuador, where Bankinfobook currently verifies 26 institutions as part of the 2026 data review.
The average income level sits at approximately 560.00 USD, relevant context alongside the country's banking infrastructure. Ecuador has a population of approximately 18,400,000, offering scale context for its 26 listed banking institutions. Average inflation is estimated at approximately 2.10%, a useful benchmark for currency and purchasing-power stability in the region. The largest commercial bank operating in Ecuador is Pichincha bank.
An estimated 100% of Ecuador's listed banking institutions maintain a direct SWIFT/BIC connection, placing the country in our 'Integrated' connectivity tier.
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Looking for more details on SWIFT codes? Explore our comprehensive guide to SWIFT Codes Explained.
✓ Verified: This entry was personally compiled and reviewed by Milan Ignjatovic using primary sources.
Founder & Sole Curator, Bankinfobook | Master Manager of ICT · Graduated Economist
Last Data Review: March 10, 2026






