$ 346 million more in mortgage loans in 2014
Posted On 24 Jun 2014
The Bank of the Ecuadorian Institute of Social Security (BIESS for its Spanish acronym) recorded a balance of mortgage loans for housing that grew by $ 346 million from December 31, 2013 until May 31, 2014.
In this period the number increased from $ 3,439.5 million to $ 3,785.5, respectively. It reflected an increase of 9.4%.
On the other hand, the balance of unsecured credits of the BIESS grew by $ 156.6 million, from $ 1,700.2 million to a total of $ 1.856.8, ie an 8.43% growth.
The total portfolio of BIESS until May 2014 is $ 12,913.5 million.