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BREAKING NEWS
Ecuador will be able to recover from the strike in the second half of 2022
Ecuadorian Amazon loses 379,000 hectares of forest in almost four decades
Extra and eco gasoline prices at $2.40 and diesel at $1.75 are already in force in Ecuador
Ministry of Agriculture began the delivery of seeds, inputs and subsidized fertilizers up to 70%
Guillermo Lasso: ‘Now together we begin the task of transforming this peace into progress, well-being and opportunities for all’
Government and Conaie agree to end the strike after a tense morning
Ecuador asks Mexico for a response on bananas and shrimp
Losses in the non-oil export sector amount to $85 million in 16 days of strike
The Government withdraws from the dialogue table after the death of a soldier
Popular oil would arrive in stores from this week at prices ranging from $1 to $1.25

CFN loan placement increased 61% in first half

Posted On 26 Jul 2018

Ecuadornews:

 

The National Financial Corporation (CFN Acronym in Spanish) had a significant growth in the first half of 2018 in terms of credit approvals in more than 61% with respect to the first period of 2017.

The amount reaches $ 365.62 million with 482 operations; while in the same period of 2017 there were 294 operations with an amount of $ 226.61 million.

Juan Carlos Jácome, Chairman of the Board of the CFN B.P, said that the activities of greatest demand are the manufacturing, agriculture, construction and fishing sectors, in the provinces of Guayas, Pichincha, Manabí and Azuay.

“The goal of the entity is to respond to customers in 15 business days after the procedure enters compliance, to be resolved in favor or denied.” The available loans range from $ 50,000 to $ 25,000,000 per natural or legal person. (I)

 

 

Source: https://www.eltelegrafo.com.ec/noticias/economia/4/cfn-creditos-produccion-ecuador

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Ecuador will be able to recover from the strike in the second half of 2022

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