Ecuador Bank Lending Rose to $12.4 Billion in October, SBS Says
Ecuador’s private banks increased lending in October to $12.4 billion, while deposits rose to $18.4 billion, the South American nation’s banking regulator said today in an e-mailed report.
Private banks had $10.2 billion in total outstanding loans as of October last year and deposits of $15.4 billion, according to data from the Superintendent of Banks, the country’s bank regulator known as the SBS.
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