Financial institutions increase earnings in a 17.37% until September 2014

The private financial institutions in Ecuador obtained between January and September of 2014 earnings of $ 232.4 million, an increase of 17.37% compared to the same months in 2013 ($ 198 million), according to the Superintendency of Banks and Insurance (SBS for its Spanish...

Private Banking is expectant for the new 0.5% credit tax

The Monetary Code established the payment of 0.5% for those who access to loans from financial institutions. This amount will be used for integrative cancer care. This measure will take effect from next October 11 and maintains the industry in expectation. The text indicates that...

Three banks have renewed their corporate image in search of high qualifications

Three private banks renew their corporate image. The change is external, but it also seeks the highest ratings in service and financial strength. Banco Guayaquil is one of the entities that yesterday presented its new name and image. Guillermo Lasso Alcívar, Executive Vice...