Regulatory Alerts2022-01-01 | JPRF-F-2022-031JPRF-F-2022-031 — Maximum Effective Active Interest Rates for the National Financial System for the Second Semester of 2022
The Financial Policy and Regulation Board of Ecuador issued Resolution JPRF-F-2022-031 to establish the maximum effective active interest rates applicable to the National Financial System for the second semester of 2022. The resolution substitutes previous regulations to define specific caps for credit segments including productive, microcredit, real estate, social housing, consumer, educational, and public investment loans. These new rates become effective for credit operations granted or readjusted by financial entities starting July 1, 2022.
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