Bloomberg News

Ecuador Bank Lending Rose to $12.8 Billion in January, SBS Says

February 22, 2012

Feb. 22 (Bloomberg) -- Ecuador’s private banks increased their total outstanding loans to $12.8 billion in January while deposits rose to $19.3 billion, the South American nation’s banking regulator said today in a report on its website.

Private banks had $10.8 billion in loans and deposits of $16.2 billion a year earlier, according to data from the Superintendent of Banks, the country’s bank regulator known as the SBS.

--Editor: Glenn J. Kalinoski

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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