Central Bank proposes to boost foreign investment and exports

The Manager of the Central Bank of Ecuador (BCE), Mateo Villalba, made a call to boost foreign direct investment, reduce the consumption of imported goods and increase exports to strengthen the dollarization. “Stopping the consumption of Chilean apples can be made...

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...

BCE makes the first electronic currency transaction

The Manager of the Central Bank of Ecuador (BCE for its Spanish acronym), Mateo Villalba, performed on August 17 a payment of $ 3 with electronic money to an official of the same agency. This was the first electronic currency transaction. The system was presented at th...