Lenin Moreno told bankers he will maintain dollarization

In a meeting with representatives of the banking sector in the capital, President-elect Lenin Moreno reiterated his commitment to uphold dollarization as an official currency and exchange rate regime.

The appointment lasted more than one hour and was attended by members of the board of the Association of Private Banks of Ecuador and executives of six banks.

According to the newsletter sent by the Presidential Press Room, Julio Jose Prado, director of the Association, said that the banking sector is growing in loans and is willing to increase them for the reactivation of production.

Moreno asked the sector for support of economic policies and pledged to maintain contact to assess the changes that are required (I).