ECONOMY

Consumer loans registered a higher percentage of non-performing loans. The Association of Private Banks of Ecuador (Asobanca) announced that September became the month with the highest delinquency since the pandemic began. According to the entity, […]

Unemployment for women was higher than for men in this period The National Institute of Statistics and Censuses (INEC) released the new figures on the labor situation in the country, after the most critical months […]

Between January and August 2020, during the health emergency caused A total of 24 banks increased their assets by 6% and their equity by 11%. Although there are variations between entities, the four main banks […]

Ecuador will receive another disbursement. After the President of the Republic, Lenín Moreno, announced that the Board of the International Monetary Fund (IMF) approved a new loan for the country for USD 6.500 million, it […]

Ecuador estimates to obtain USD 6.5 billion. September 30 is an important date for the economy of our country because it would add a new debt. Augusto de la Torre, a member of the government’s […]

This study was conducted before the pandemic and Ecuador went from position 66 in 2018 to 74 in 2020, among 174 nations. The World Bank released its update of the study on the Human Capital […]

According to ECB estimates, there was a 9.52% decrease compared to the previous year. The Central Bank of Ecuador (BCE), in its latest report, detailed that the remittances that arrived in Ecuador, by migrants abroad, […]

With the debt restructuring process with Chinese banks, Ecuador would postpone the payment of USD 4.02 billion until 2022 with Eximbank, the year in which the capital will begin to be paid. These resources were […]

These values ​​will be in force in the country from September 11 to October 10. The price of extra gasoline, eco-country, diesel 2, premium diesel and super increases throughout the country. This is due to […]

In 2016 Ecuador invested USD 5.757 million; So far this year, the figure is around USD 985.9 million. Investment in public works suffered a drastic fall in the last four years. According to figures from […]