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Banco de Machala's Overview

Total employees219
HeadquartersMachala
Founded

Banco de Machala S.A. is a prominent financial institution in Ecuador, founded on July 10, 1962. Headquartered in Machala, El Oro province, the bank offers a comprehensive range of personal and business banking services, including savings and checking accounts, loans, credit cards, investments, and digital banking solutions. Committed to serving the Ecuadorean community, Banco de Machala focuses on fostering economic development in its region and providing accessible financial tools to its diverse clientele. It has a significant presence with numerous branches and ATMs across Ecuador, particularly in the southern coastal region.

Where is Banco de Machala's Headquarters?

HQ Function

Serves as the central administrative and operational hub for the bank, overseeing strategic planning, financial management, risk assessment, regulatory compliance, and core banking operations.

Notable Features:

The headquarters building is a significant local financial landmark, likely a modern, secure banking facility designed to house key administrative departments and potentially a flagship branch. It symbolizes the bank's stability and commitment to the region.

Work Culture:

The work culture at Banco de Machala's headquarters likely emphasizes professionalism, customer service excellence, ethical banking practices, teamwork, and continuous improvement. There is a strong focus on contributing to the local economy and community development, reflecting its regional roots.

HQ Significance:

The headquarters is crucial as it represents the nerve center of a long-standing regional bank that plays a vital role in the economy of Machala and the El Oro province, supporting local businesses, agriculture, and individual financial needs.

Values Reflected in HQ: The headquarters likely embodies the bank's core values of trust, security, customer focus, integrity, innovation, and commitment to the development of the Ecuadorian community it serves.

Location:

Banco de Machala primarily operates within Ecuador, with a strong national presence. It supports domestic financial operations through an extensive network of branches ('agencias'), ATMs, and robust digital banking platforms accessible across the country. The bank facilitates national payments, credit, savings, and investment services, playing a key role in Ecuador's financial ecosystem rather than maintaining physical international branches.

Street Address:

Rocafuerte entre Guayas y Ayacucho

City:

Machala

State/Province:

El Oro

Country:

Ecuador

Banco de Machala's Global Presence

Guayaquil, Guayas, Ecuador

Address: Av. 9 de Octubre 729 y Tulcán, Edificio Valra (one of several branches in Guayaquil)

To serve the extensive commercial and individual banking needs in Guayaquil, leveraging its status as a major business hub to expand Banco de Machala's market share and customer base.

Quito, Pichincha, Ecuador

Address: Av. Amazonas N35-17 y Juan Pablo Sanz, Edificio Antisana I (one of several branches in Quito)

To establish and maintain a strong banking presence in Ecuador's political and administrative center, catering to a diverse urban clientele and contributing to the capital's economic activities.

Cuenca, Azuay, Ecuador

Address: Calle Larga 8-63 y Luis Cordero (one of several branches in Cuenca)

To serve the financial needs of the Azuay province and strengthen the bank's network in the Austro region of Ecuador, known for its artisanry, tourism, and commerce.

Buying Intent Signals for Banco de Machala

Highperformr Signals uncover buying intent and give you clear insights to target the right accounts at the right time — helping your sales, marketing, and GTM teams close more deals, faster.

Notable news
Hiring actively
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
*Example signal, not calculated in real time

Executive Team of Banco de Machala

As of April 2025, Banco de Machala' leadership includes:

Esteban Quirola Figueroa - Presidente Ejecutivo (Executive President)
Luis Antonio Aguirre Valdivieso - Gerente General (General Manager)
Maria Eugenia Navarrete - Vicepresidente de Negocios (VP of Business)
Pio Pizarro - Vicepresidente de Operaciones y Tecnología (VP of Operations and Technology)
Cesar Riofrio - Vicepresidente Financiero (VP of Finance)

Investors of Banco de Machala

Banco de Machala has been backed by several prominent investors over the years, including:

Banco de Machala S.A. is a privately held company (Sociedad Anónima).
Ownership is primarily held by Ecuadorian private shareholders and potentially includes founding family interests.
As a privately held entity, a detailed list of individual or institutional investors is not publicly disclosed.

Executive New Hires/Exits in the Last 12 Months

Hire0
Exits0

Publicly available information regarding specific executive new hires or departures at Banco de Machala within the last 12 months is limited. Leadership changes in regional financial institutions like Banco de Machala are often communicated through more localized channels or may not have involved high-profile movements recently.

Technology (Tech Stack) used by Banco de Machala

Discover the tools Banco de Machala uses. Highperformr reveals the technologies powering your target accounts — helping your sales, marketing, and GTM teams prioritize smarter and close faster.

Banco de Machala Email Formats and Examples

Banco de Machala's corporate email format generally follows common professional patterns. While an official directory of all email formats isn't publicly listed, the most probable structure for employee emails is based on first name initial and last name.

[first_initial][last]@bancomachala.com

Format

mrodriguez@bancomachala.com

Example

75%

Success rate

News and media

Banco de Machala Official WebsiteFebruary 20, 2024

Banco de Machala inaugurates modern branch in La Troncal

Banco de Machala continued its expansion and service improvement by inaugurating a new, modern branch in La Troncal, Cañar province. This new facility aims to provide enhanced banking services and convenience to the local community, reinforcing the bank's commitment to regional development....more

Banco de Machala Official WebsiteOctober 6, 2023

Banco de Machala presents its new image and campaign 'Lo que nos une' (What Unites Us)

Banco de Machala unveiled a refreshed brand image and launched a new institutional campaign titled 'Lo que nos une,' aiming to strengthen its connection with customers and highlight shared values. The rebranding reflects the bank's evolution and commitment to innovation while honoring its heritage....more

Banco de Machala Official WebsiteMay 15, 2023

Banco de Machala and Mastercard present their new debit card

In partnership with Mastercard, Banco de Machala launched a new debit card designed to offer customers enhanced benefits, greater security features, and international acceptance. This initiative aligns with the bank's strategy to modernize its payment solutions and improve customer experience....more

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