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Annual Report 2007

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0<br />

A n n u a l R e p o r t 2 0 0 7<br />

Pacific Ocean<br />

Branch Network<br />

One of the bank’s objectives for the year was<br />

to expand its branch network, particularly in<br />

Ecuador’s coastal region, an area of the country in<br />

which it had only one branch – in the city of Guayaquil<br />

– at the end of 2006. We opened branches<br />

in Durán, Manta and Machala, and increased our<br />

presence in Guayaquil by opening a branch in the<br />

Mapasingue district of that city.<br />

Manta<br />

Guayaquil (5)<br />

Santo Domingo (2)<br />

Otavalo<br />

Quito (6)<br />

Durán<br />

Machala<br />

Latacunga<br />

Cuenca<br />

In the central region of Ecuador, we opened our<br />

second branch in Santo Domingo de los Colorados<br />

and also expanded our presence by opening<br />

a branch in Sangolquí, which will serve the Valle<br />

de los Chillos district. In the mountainous region<br />

in the southern part of the country, we opened a<br />

second branch in Ambato to improve the quality<br />

of service to our customers in that city.<br />

Ambato (2)<br />

Riobamba<br />

Ibarra<br />

Cayambe<br />

Sangolquí<br />

Colombia<br />

Ecuador<br />

Peru

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