President Noboa announces that Banecuador will forgive coercive operations of up to USD 5,000 – 2024-07-23 20:28:14

by times news cr

2024-07-23 20:28:14

The president of the Republic, Daniel Noboa Azinordered this Tuesday, July 2, 2024, the Banecuador that coercive operations of up to USD 5,000, valid from 2016 to 2024, be forgiven and not charged. In addition, the rest of the expired operations will be refinanced.

«We know you asked for this when you were hope in the countrywhen you did not imagine that the things They were not going to be so tough for governments that They didn’t give you any guarantees“, he said Head of state in a video that was shared on social media.

“May this financial relief be the beginning of the peace you so desire and the construction of better days,” he said.

In it Executive Decree No. 317 The board of directors and management of Banecuador are hereby instructed to implement and implement the report in accordance with the provisions of the current regulationsthe forgiveness of coactivated credits in the enforcement phase and rated with E risk, which are fully provisioned and without guarantees for their execution with amounts of up to USD 5,000.

In Banecuador they will be carried outfinancial and accounting administrative actions. It will issue the necessary and sufficient administrative acts. It will inform the Internal rents serviceMinistry of Economy and other entities concerned.

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