Implementación del proceso de Titularización Hipotecaria en el Banco Internacional y su impacto financiero, año 2012

Abstract

The present research is focused on the implementation of the process of Mortgage Securitization in the “Banco Internacional” and its financial impact since 2012. The objective is to determine the benefits that Securitization gives the entity that implements it, and the support that represents for financial planning and enterprise risk management. In order to achieve it, fundamental concepts of the Securitization are approached, a study of the regulation of the Ecuadorian financial system is carried out; the factors that might affect the financial performance of the banks are analyzed, and the implementation process of securitization is described. By analyzing the financial statements of the Banco Internacional before and after the Securitization, the financial impact and the profits obtained are determined like: increase of liquidity and profitability, efficient use of assets, liquidity risk mitigation, capital market development, among others. Thus, Securitization is proposed as a tool based on prevention and prudence, which enables banks to protect themselves against any extraordinary liquidity needs. KEYWORDS: Mortgage securitization