Análisis del comportamiento de la profundización en el sistema financiero ecuatoriano a partir de la implementación del Código Orgánico Monetario y Financiero de la Provincia de Pichincha

Abstract

Abstract: The Organic, Monetary and Financial Code is an instrument of utmost importance for the stability and economic development of Ecuador since it constitutes the legal framework for the operation of the financial system. Under this approach, the purpose of this study was to analyze the behavior of the deepening of the Ecuadorian financial system since the implementation of the Organic Monetary and Financial Code in the province of Pichincha. For this purpose, a mixed methodology was used, since data was collected from financial institutions in the province of Pichincha in relation to different credit indicators such as: commercial, consumer, education, productive, microcredit and housing, to determine financial deepening; as well as to analyze the theoretical basis in relation to the Organic Monetary and Financial Code. The main results reflected a significant change in commercial, consumer, productive and microcredit, while education showed a decline in access to credit for these purposes after the implementation of this code, concluding that the Organic Monetary and Financial Code has had a significant impact on the behavior of the deepening of the Ecuadorian financial system.