Impact of bank financing on sales of ventures and innovations in the health sector (2020-2023)

Abstract

The health sector in Ecuador and in any country constitutes fundamental support for the well-being and care of its population, regardless of whether it is private or public, and it is also recognized that the industries associated with this sector are a fundamental engine in the economy of the countries. countries. The main objective of this work is focused on identifying the main banks that granted lines of credit to this sector and if there is any relationship between the credits received and their operating income, in addition to determining if there is evidence that the credits granted to this sector were given based on their capital structure. This research was descriptive, quantitative and transversal, the credit information was obtained from the Superintendency of Banks of Ecuador and the income information was obtained from the Superintendency of Securities and Insurance Companies of Ecuador. For the development of this work, algorithms such as linear regression, coefficient of determination and classification tree were used. The main results obtained are that five banks concentrate 79.18% of the credits granted during the period 2020 -2023, the Wholesale and Retail Trade of Health Products industry, was the one with the highest credit obtained, and was the only health industry that presented a relationship between credits and sales (R2 0.91), on the other hand It was observed that there is no evidence that credits for this sector are granted due to its capital structure but rather due to the guarantee that the businesses can present.