SRI has raised 108 million dollars with the new bonds issued by the Central Bank

Since the emission of bonds from the Central Bank of Ecuador (TBC), so the State could pay the outstanding invoices to suppliers, the Ecuadorian Internal Revenue Service (SRI) has raised 108 million dollars. The bonds can be purchased in the Market but only serve to cancel debt...
Posted On 12 Mar 2016
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Former bankers of the Continental Bank shall pay to the State $ 191 million

The Conticorp group and the brothers Luis, Leonidas and Jaime Ortega Trujillo, former owners of Banco Continental, which closed in 1996 before the banking crisis of 1999, shall pay $ 191 million plus interest to the Ecuadorian state for damages caused the by the closure of that...

Public banks invested less capital last year according to the Central Bank

The change of productive matrix seeks new sources of funding. The investment through public banks is an alternative though, last year, the line item would have presented significant downwards according to Central Bank figures.  According to the Central Ban...

United States tops the list of countries that import from Ecuador

Ecuador’s trade balance (difference between exports and imports) tends to recover this year. Until October, it placed its numbers in $ 148 million in favor, after that during the same month in 2013 a deficit of $ 1,172 million was recorded. The figure presented by the...

Electronic money: 161 accounts are opened in two days of its operation

On the second test day for the operation of electronic money, the Central Bank of Ecuador (BCE for its Spanish acronym) reported that a total of 161 accounts were opened and already achieved major transactions such as payments and recharges of money with this financial system....

Field testing on electronic money initiates

Today starts the field test of electronic money, as stated the Manager of the Central Bank, Mateo Villalba. Efraín Vieira, executive of the Pacific Bank,saidthat everything is ready for the test, which will be performed in two agencies in Quito and Guayaquil. Those chosen for the...

From the third week of December loads of electronic money would be made

The Central Bank delivered the project of electronic money for the aproval of the new Monetary and Financial Board. According to the schedule, from the third week of December people would be able to do electronic recharges. Capital injections could be made at branches of the...

Liquidity totaled $ 37,000 million dollars, according to the Central Bank

The liquidity of the Ecuadorian economy reached $ 37.109 million dollars by August of this year, according to figures from the Central Bank (ECB). This represents an increment of 15.77% compared to August from last year. Diego Martinez, representative of the President in the...
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