ANÁLISIS COMPARATIVO DEL BANCO DEL INSTITUTO ECUATORIANO DE SEGURIDAD SOCIAL Y LA BANCA PRIVADA EN LOS CRÉDITOS HIPOTECARIOS. PERIODO 2009-2013

Abstract

The present academic paper examines how the Ecuadorian Social Security Bank has influenced in the mortgage credit in parallel with the private banks of Ecuador. It is possible to measure these effects by performing a comparative analysis of the mortgage credit of the BIESS and the private banks and its evolution during the 2009-2013 periods. A theoretical foundation was build based 4 on expert interviews, specialized documents, web pages among others and the sample that was used is non probabilistic as the banks with more participation in the mortgage credit were chosen for the analysis. It was necessary the support of statistics of the Ecuadorian Central Bank to elaborate tables and charts for the technical analysis and its interpretation. Pros and Cons of the BIESS and the more representative private banks were identified so that in this way may aid the citizens to take a better decision when taking a mortgage credit given the different financial institutions offering this service in the country.