Private banks

Inbursa’s profits grow 22.5% from January to September

by
Inbursa’s profits grow 22.5% from January to September

High interest rates still make profits for private banks. From January to September, Grupo Financiero Inbursa, owned by businessman Carlos Slim, reported profits of 25,554 million pesos, an increase of 22.5 percent compared to the 20,860 million reported in the same period of 2023. According to the results report corresponding to the third quarter, sent … Read more

Private banks in Ecuador will give up to 90 days to pay debts

by
Private banks in Ecuador will give up to 90 days to pay debts

The entities are going to defer the due installments of credit cards, microcredit and consumer and housing loans Given the challenges faced by Ecuadorian families and microbusinesses due to power outages, private banks have decided to implement an extraordinary deferral of up to 90 days in credit installments, the company announced in a statement. Association … Read more