Daily coverage from across the country, written for the expat community
Results for “credit cooperatives”Clear
Ecuador’s cooperative sector is still being cleaned up, with 38 credit cooperatives in forced liquidation as of May 5, 2026. Ambato, Quito and Cuenca account for most of the liquidation processes, while rising delinquency continues to pressure smaller institutions.
Net housing reservations in Ecuador rose 28% from January to April 2026 compared with the same period last year. Builders now project that annual housing sales could reach or exceed 40,000 units if favorable conditions continue.
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.
