Las posibles consecuencias de la pandemia en los bancos privados del sistema financiero ecuatoriano

Abstract

With the Covid-19 pandemic, it is undeniable that there was a negative impact worldwide, where it was estimated that it will be reduced by 5.5% in its economy. Serious distortions in trade and finances weakened activities by 7% and the decrease in per capita economic resources to 3.5%, which led to people with greater vulnerability to extreme poverty, by more than 1%. Where the financial sector of Ecuador, private banking represented 92.3% compared to public banking that had a participation of 7.7%. In addition, the public sector had a loss of 84% that was equivalent to 5,248 million and 16% for the private sector that was 1,013 million dollars. The present study sought to analyze the possible consequences caused by the pandemic using descriptive documentary and logical historical sources to strengthen knowledge about the fragility of the Ecuadorian financial system. The methodology used was a qualitative approach and a descriptive study that started from the general to the particular, and through bibliographic research it was determined that the pandemic increased the delinquency rate that went from 3.06% in 2019 to 4.96% in 2020 until reaching 3.24% in 2021. That generated a leverage that for the year 2019 was 7.64%, while in 2020 it was 7.92%, and for 2021 it was determined 8.35%. In the same way, the analysis of the solvency index was verified that for 2019 it reached 17.72%, in 2020 it went to 13.47% and in 2021 it was obtained 14.44%. In contrast to the coverage of operations, it was evidenced that for 2019 it was 131.51 million dollars, in 2020 it reached 200.38 million dollars and in 2021 it was 284.5 million dollars. Ecuador's private banking system had to use strategies: debt renegotiations and increased terms for the delivery of credits and the implementation of virtual channels for better service allowed the effects to be minimal and to follow the axis that the economy contributes. Ecuadorian.