Annual Report 2007

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A n n u a l R e p o r t 2 0 0 7
Highlights in 2007
• The bank’s institutional risk rating was upgraded
to “AA+”, and its commercial paper
programme was given an “AAA-” rating.
• Banco ProCredit Ecuador organised and implemented
various regional seminars for all
of the ProCredit institutions in Latin America.
The topics covered included deposits and
banking services, auditing, the prevention of
money laundering, SME lending, accounting
and finance, and IT departments.
• The bank carried out a savings campaign,
leading to a 100% increase in the number of
new accounts opened per month.
• The bank established new divisions and departments
at the head office and strengthened
its organisational structure at the branch
level.
• Geographical outreach was expanded, with
seven branches being opened.