Ecuador’s personal banking credit score portfolio reached US$38.331 billion as of November 2022, 16% greater than the identical month of 2021.
Microcredit is the one with the best annual development, with 20.4% in comparison with November of 2021. That credit score portfolio reaches US$3.066 billion.
This was reported by Asobanca in a current report through which it additionally famous that financial institution deposits reached US$42.118 billion as of November, which represents an annual development of 6.2%.
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“The contribution of personal banks to the nationwide financial system is evidenced by a rise in . . .
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