Regulatory Alerts2025-01-01 | JPRM-2025-002-GJPRM-2025-002-G — Order to Transfer Distributable Profit Balance to the General State Budget
The Monetary and Financial Policy Board (JPRM) issued Resolution JPRM-2025-002-G to mandate the transfer of the entire remaining distributable profit balance of the Central Bank of Ecuador to the General State Budget. This directive follows the confirmation that the Central Bank's general reserve fund has reached the legally required threshold of 500% of its authorized and paid-in capital. The resolution requires the immediate crediting of these funds to the Single Treasury Account and enters into force upon issuance.
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