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...

Pacificard and Interdin registered profits of $ 9’476 .53 in the first semester

Credit cards issuers and management companies PacifiCard and Interdin, respectively recorded profits of $ 9’476 .53, 3.72% in the first half of 2014, more than the same period last year ($ 9’136 .59), indicates a report of the Superintendency of Banking and Insurance...

Superintendency of Banks gives recommendations to combat fraud

The Superintendency of Banking and Insurance (SBS for its Spanish acronym), diffuses four ways of fraud: phaming, malware, skimming and pyramidal scam. Furthermore, It suggests not to do transactions from public computers. The SBS detailed that in the pharming, the user is...

Education credits will have a funding of up to 15 years

The Banks of Guayaquil and Pacific, which extend credit for academic training, will now provide funding for up to 15 years. The payment term is 7 years, including 2 years of grace. The interest rate is 8.16% during the study period. According to figures from the Superintendency...