IMPACTO ECONÓMICO EN LAS FINANZAS DE LA BANCA PRIVADA DEL CANTÓN PORTOVIEJO POST EL TERREMOTO DEL 16 DE ABRIL DEL 2016

Abstract

A natural disaster of magnitudes as intense as those of the earthquake of April 16, 2016 in Ecuador, undoubtedly produces great impacts on all aspects and facets of society; even more in the provinces where it caused more damage in both human and material losses, such was the case of Esmeraldas and Manabí, congesting the health system of both provinces by reporting 673 deaths and 6,274 injuries; while the material losses were calculated at 3,000 million dollars. Therefore, the purpose of this document is to determine the economic impact on the finances of the private banking in the Portoviejo canton after the earthquake of April 16, 2016. That is, what repercussions there were on private banking as a result of the earthquake; through a process that was carried out through the development of a research methodology focused on the collection of bibliography and figures published in the Superintendence of Banks and Insurance of Ecuador, as well as in the field through interviews with officials of the main agencies of Private banking in Portoviejo, whose results have allowed us to conclude that it suffered damages such as the decrease in the placement of loans, the increase in delinquency, emerging expenses for the reconstruction of buildings, the habilitation of temporary offices, the recruitment of personnel, dismantling costs and transfer of offices