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ABPE rejects proposal of increasing BDH

The Association of Private Banks of Ecuador (ABPE for its Spanish acronym) defines the decision made by Rafael Correa to increase Human Development Bonus (BDH for its Spanish acronym) using banks’ surplus, as a violation of the constitutional right of profits and respect for...
Posted On 19 Oct 2012
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Peace Between Colombian Government and FARC Faces a Difficult Path

The delegations between the Colombian government and FARC reunited in Oslo, Norway faced their differences to achieve a peace agreement. In the beginning of the meeting the Colombian government rejected immediately the model of economic growth of the country presented by the...
Posted On 19 Oct 2012
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Duzac’s Loan Officer did Gave Guarantees

Esteban Garzon Cisneros, was the Business official in charge of following the loan of $ 800,000 that bank COFIEC gave to Gaston Duzac. Cisneros appears as legal representative of Agricola Mercedes (AGM) gave the guarantees of the seized company to support the disbursement. The...
Posted On 19 Oct 2012
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