Share the article
twitter-iconcopy-link-iconprint-icon
share-icon
Global economiesNovember 17 2023

Ecuador’s banks face double threat of political risk and liquidity challenges

The country is in the centre of a storm of political instability, fiscal and financing risks.
Share the article
twitter-iconcopy-link-iconprint-icon
share-icon
Ecuador’s banks face double threat of political risk and liquidity challengesNewly elected President of Ecuador Daniel Noboa arrives at Carondelet Palace on October 17, 2023 in Quito, Ecuador. Image: Franklin Jacome/Getty Images

The victory of centre-right businessman Daniel Noboa in Ecuador’s October presidential election represents probably the best part of the outlook for the country’s banks. 

At the same time, however, Ecuador is facing a country-level liquidity shortage — a huge challenge for the sector. 

To continue reading, join our community and benefit from

  • In-depth coverage across key markets
  • Comments from financial leaders and policymakers worldwide
  • Regional/country bank rankings and awards
Activate your free trial
Barbara Pianese is the Latin America editor at The Banker. She joined from Mergermarket, where she spent four years covering mergers and acquisitions across Europe with a focus on the consumer sector. She holds an MA in International and Diplomatic Affairs from the University of Bologna having studied in Brazil and France as well.
Read more articles from this author