Ecuador Bank Lending Rose to $13.6 Billion in April, SBS Says

Ecuador’s private banks boosted their total outstanding loans by 2.6 percent to $13.6 billion in April from a month earlier, the country’s banking regulator said.

Deposits rose 1.1 percent to $20.6 billion from March, the Superintendent of Banks, known as the SBS, said last night in a report on its website.

To contact the reporter on this story: Nathan Gill in Quito at ngill4@bloomberg.net

To contact the editor responsible for this story: David Papadopoulos at Papadopoulos@bloomberg.net

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