Financial evaluation of Banco del Austro and analysis of the impact of the banking regulations decreed by the Ecuadorian Government in the period 2010-2014

Abstract

Introduction. Government policies remain present in each of the spheres of a territory. They have the objective of providing practical solutions to the problems of the Society. However, the political ideology of the leaders can lead to a notorious change, making the policies enacted can benefit a social group and affect others. These policies are classified as regulatory, distributive, redistributive, and constitutive or institutional. Objective. Carry out an analysis of the economic policies established by the government and their impact on the financial statements of Banco del Austro in the period 2010-2014. Methodology. The research has a mixed approach, an exploratory, descriptive and correlational research is carried out. The population was made up of the directors of the Banco del Austro, and a sample of 28 people was used to apply the interview. Results. It was determined that government policies issued in the 2010-2014 period affect the financial statements, and had a negative impact, since they reduced their liquidity, going from a liquidity of 0.31 to 2014 to a liquidity of 0,28 since 2010. It can be seen that five resolutions issued by the government are classified as regulatory, two as redistributive and one is classified as distributive. Conclusions. The economic policies adopted by the government in the 2010-2014 period negatively affected the financial statements of Banco del Austro.