Evaluación del desempeño financiero de los bancos privados del Ecuador con calificación AAA y AAA- mediante la aplicación del modelo Altman Z Score, para determinar el riesgo de insolvencia, periodo 2015-2020.

Abstract

One of the most important elements to evaluate the financial performance of a company is the analysis of financial statements and indicators, to determine the healthy structure of an institution that allows a sustained growth in the future. Using discriminant analysis through the Altman Z2 Model, the objective of the research was to evaluate the performance of private Ecuadorian banks with AAA rating. To achieve the research objectives, we started with an analysis of the main financial indicators of the institutions under study, to subsequently find the Altman indicators and with them find the Altman Z2 Index, for AAA-rated banks. The results show that during the period 2015-2020, Banco Procredit is the only institution that remains in absolute solvency zone; while the rest of the financial institutions analyzed have remained in gray zone, without reaching insolvency risks. It is concluded that the financial institutions maintain an adequate financial performance, characterized by liquidity preference.