Ecuadorean Banks Granted $1.69 Billion in New Loans in October

Ecuador’s banks and financial institutions, excluding government-owned lenders, granted $1.69 billion in new loans in October, a 0.6 percent increase from the previous month, the central bank said today 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