Daily coverage from across the country, written for the expat community
Results for “JEP”Clear
Ecuador now has 393 institutions in the popular-and-solidarity finance market, including 387 savings and credit cooperatives. Segment 1 cooperatives hold more than $24.6 billion in assets, about 31% of private-bank assets, and the largest cooperatives now rank among the country's biggest financial institutions.
SEPS data shows 12 Ecuadorian credit cooperatives were liquidated in 2025, with two more in process in early 2026 (Incoop in Ambato, Cariamanga in Loja). The sector still serves 7.6 million users, but the expat habit of parking USD in a cooperativa deserves a second look.
