The information as of June 30 shows that the Ecuadorian financial system is healthy and solid, with excellent management and financial indicators in so far this year, with good prospects for further strengthening during the remainder of 2015. Deposits , sight and time deposits, increased by 1.19% from June 2014 to June 2015, from USD 25,426,000 to USD 25,729,000 dollars.

The balance of total portfolio had a growth of 10.21% from June 2014 to June 2015, from USD 18,202,000 to USD 20,060 million.

Bank assets grew by USD 807 million dollars, up 2.57% from June 2014 to June 2015, and have grown from USD 31,329,000 to USD 32,136,000.

The bank solvency remains at positive levels of financial prudence, with growth of 0.43% in June 2014 to June 2015, from 12.60% to 13.03%.

The profits of private banks for their part, have grown by 11.35%, compared to the same period last year. At June 30, 2015, the banking sector has generated $ 165 million profit, compared with $ 148 million that had been generated to date in 2014.
The Superintendency of Banks permanently fulfills its role of supervision and control of the financial sector safeguarding the interest of citizens.

“The Ecuadorian financial system is healthy, strong and has excellent management and financial indicators compared to other years”

Source: Superintendency of Banks of Ecuador

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