Deposits recovered after nine months of decline

Image: Expreso

Deposits collected by private banks in January reverted nine months of consecutive falls.

When 2015 ended, the “obligations with the public” account amounted to 24.414 million dollars, but the following month, in January, it increased to 24.666 million, a positive distance of 252 million that refreshes an industry somewhat compressed by the output of savings, which had reduced its lending business and therefore its profits.

Source: http://expreso.ec/expreso/plantillas/nota.aspx?idart=8874748&idcat=38229&tipo=2