PRODUBANCO is implementing FINANWARE™ Credit Risk IRBa (September 2005)

Produbanco acquired the FINANWARE™ Credit Risk IRBa module specialized in credit risk in order to comply with the regulations issued by the Banking and Insurance Superintendency of Ecuador for credit risks in the Ecuadorian financial system. By so doing, PRODUBANCO has become the thirteenth financial institution using the FINANWARE™ management information system.