$ 1.2 million have been returned to Banco Sudamericano former clients

The Deposit Insurance Corporation (Cosede for its Spanish acronym) paid about $ 1,250,000 to 780 former depositors of Banco Sudamericano, which is in the process of compulsory liquidation since August 25. The board of the institution indicated that the total of Customers of Banco...

Payments to Banco Sudamericano former clients were less than expected

The Banco del Pacifico principal office in Guayaquil, did not record an unusual movement in the morning of Monday, September 8, during the first day of payments to former clients of the closed Banco Sudamericano, which went into liquidation on August 25. In this agency, the...

Banco Sudamericano clients receiving their deposits

From 8 to Saturday September 20, the Deposit Insurance Corporation (Cosede for its Spanish acronym) will return the money of 11.086 customers of Banco Sudamericano. The financial entity was closed by the Superintendency of Banks and Insurance (SBS for its Spanish acronym), on...

Payments of ​​Banco Sudamericano will begin from Monday

Pedro Solines, Superintendent of Banks and Insurance, said that from Monday, September 8th, the former clients of Banco Sudamericano will begin to receive their deposits. Solines explained that the Deposit Insurance Corporation (Cosede for its Spanish acronym), in coordination...

Office of the Prosecutor receives report on alleged irregularities in Banco Sudamericano

The Attorney General’s Office will be responsible for defining the process to be given to the case of the liquidation of Banco Sudamericano. On Tuesday, the Superintendency of Banking and Insurance (SBS for its Spanish acronym), referred the report to the entity. The...

Cosede will return resources of Banco Sudamericano account holders

The Deposit Insurance Corporation (Cosede for its Spanish acronym) will be responsible for returning the resources of depositors of Banco Sudamericano, which was declared in compulsory liquidation on Monday. Since that date, the Cosede has 10 days to start the process of...