• ENGLISH
  • ESPAÑOL
facebook
twitter
  • National>Entertainment
  • National>Local Economics
  • National>Local Politics
  • National>Society
  • National>Sports
BREAKING NEWS
Facebook removes 390 accounts, focused on Ecuador, from that social network and Instagram for ‘foreign interference’
Otto Sonnenholzner suggests not to annul the vote
Three Petroecuador officials involved in the multi-million dollar Gunvor-related bribery scheme, according to the US FBI complaint
Ecuadorians will be able to identify condor sighting sites thanks to a map in Google Earth
The girls abandoned at the US border left Loja and went to Mexico through the Cotopaxi airport
Ecuadorian migrants were vaccinated in New York
Campaign, fake news and state of exception
Pachakutik describes Vargas’s support for Arauz as “betrayal”
Venezuelan professional earns up to 61% less in Ecuador
With shredders, Petroamazonas personnel destroyed 163 folders of sensitive documents, one day before the merger

A French firm is in charge of the sale of the Pacifico Bank

Posted On 04 Jul 2016

 

BANCO PACIFICO-ECUADORTIMES-ECUADORNEWS

The National Finance Corporation (CFN for its Spanish acronym) started the search process of those interested in purchasing the Banco del Pacifico.

The decision to sell the institution was announced in May by President Rafael Correa during his Report to the Nation.

This state agency is the bank’s largest shareholder after the shares transfer that took place in January through the Executive Decree 941 of November 18, 2011.

That year the bank’s shares were valued at about $ 300 million, according to information from the Central Bank of Ecuador (BCE).

Maria Soledad Barrera, president of the Board of the CFN, revealed that the sale process began with the hiring of MBA Lazard, a French firm of financial advice and assets management, with headquarters in Paris, New York and London.

 

Source: http://www.eluniverso.com/noticias/2016/07/04/nota/5672661/firma-francesa-gestiona-venta-banco-pacifico

About the Author
  • google-share
Previous Story

Spain wants donate $ 100 million for the reconstruction of Ecuador

Next Story

The trade deterioration touches the role of Guayaquil

SEARCH

LATEST NEWS

Facebook removes 390 accounts, focused on Ecuador, from that social network and Instagram for 'foreign interference'

Posted On 09 Apr 2021

Otto Sonnenholzner suggests not to annul the vote

Posted On 09 Apr 2021

Three Petroecuador officials involved in the multi-million dollar Gunvor-related bribery scheme, according to the US FBI complaint

Posted On 09 Apr 2021
Copyright © 2010 - 2019. All Rights Reserved. EcuadorTimes.net