Public banks invested less capital last year according to the Central Bank

The change of productive matrix seeks new sources of funding. The investment through public banks is an alternative though, last year, the line item would have presented significant downwards according to Central Bank figures. 

According to the Central Bank, the allocated portfolio was of USD 2.484 million. In 2013, the figure was 2,678,000 million, representing 194 million more.

Falling oil prices have influenced this contraction. Central authorities defines the amounts- decided to “safeguard the liquidity risk exposure”.

Another factor for the reduction was the ceasing production at the Esmeraldas refinery.

For entities, the National Finance Corporation (CFN) was the one that dedicated more investment portfolio, while in second place is the State Bank.