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The delivery of millionaire credits and investments carried out without the legal reports made without the appropriate legal reports, and the personal account of an official where the Bank managed funds are some of the alerts mentioned by three audits of the Bank’s...

Although the period for Gaston Duzac to pay the debt of $ 800,000 owed to the Bank COFIEC, ended last March 6, his lawyer, Julio Plaza Rada, maintained yesterday that his client will continue to seek resources to try to meet its obligations. Plaza Rada explained that if payment...

A study carried out by the consulting firm Deloitte to 97 Ecuadorian companies, notes that only 39% of the staff of the companies surveyed are female, while the rest are men, showing that male gender continues to be imposed in the labor world in our country. This analysis, called...

Julio Plaza Rada, the attorney Gaston Duzac said yesterday, at 14:30, that he waited in front of his computer the arrival of an email with some news on the payment of $ 800,000 that his client would have pay within the deadline established by the COFIEC Bank, however it never...

Since October last year, the condition of the private financial sector in Ecuador is on the decline. Bankers warned that their numbers could fall by government regulations. Accounts data show that in January they were right. Its profits fell 34.93% compared with January 2012....

According to Viviana Bonilla, governor of Guayas, sanctions for those who fail to collect benchmark prices of the 46 products regulated by the Government through wholesale level, will consist in the closure of the shops foror seven, fourteen or thirty days, definite closure if...

Ministries of Agriculture (Magap) and Industry and Productivity, fixed the benchmark prices of beef, pork, chicken, also some vegetables, fruits and grains, in accordance with the Executive Order 1438, issued on February 22. The document has a list of 46 products that have a...

After six years, the assets of the Central Bank of Ecuador (BCE) lost $ 691.5 million; the company went from $ 1,591,5 in October 2006 to $ 900 million in February 2013. Diego Martinez, the president of the bank, revealed the latest figure on Wednesday. The current amount of...

The Ecuadorian government approached Qatar, Arab country, to finance the construction of an oil refinery: the Pacific Refinery, which has an estimated value of $ 12,800 million. The announcement was made by the president, Rafael Correa, on Sunday, during an interview with the...

“The Pacific National Bank (PNB) still belongs to the state?” That question is asked in the last edition of the Vanguardia magazine (No. 378), by realizing that Paola Román, general auditor of the Pacific Bank group, in a letter sent to the head of the Bank of...