Ecuadorean Banks Granted $1.72 Billion in New Loans Last Month

Ecuador’s banks and financial institutions, excluding government-owned lenders, granted $1.72 billion in new loans in May, a 2.4 percent reduction from the previous month, the central bank said 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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