Severance Fund assets add more than $ 431 million

The assets managed by the Severance Fund of the Ecuadorian Teacher’s Staff (FCME for its Spanish acronym) add up $ 431’410 201.98, explained on August 31 Juan José Castelló, President of the guild, during the Assembly of teachers held in Guayaquil. Castelló explained...

Public and private banks increased their assets by 10%, according to report

According to reports published by National Directorate of Studies and Information of the Superintendency of Banks and Insurance, public and private banks recorded a growth in its assets above 10%, during 2013. The increase figure for the public sector was 13.9% ($ 6,344.1...