Ecuador's Superintendence of Banks published an enforcement alert after identifying unauthorised entities carrying out money-taking activities in Ecuador without the legally required authorisation. The alert references Article 254 of the Organic Monetary and Financial Code, which prohibits any natural or legal person outside the national financial system from taking money from the public or performing activities exclusive to the financial sector. The Superintendence listed the following names in connection with the detected activity: PLATA PUNTUAL-PRÉSTAMO LISTO; RICO-CRÉDITOS Y PRÉSTAMOS; DINEROFÁCIL-PRÉSTAMO FÁCIL; CREDITO SMART; PRESTAMOS ECUADOR; CRECE CREDIT; CREDIPAGUITOS; COOPERATIVA PRO CREDIT; CREDIALIANZA S.A.S.; and CRÉDITOFAST-PRÉSTAMO FAST.
Superintendencia de Bancos de Ecuador 2026-01-09
Ecuador's Superintendence of Banks flags unauthorised deposit taking and names 10 entities operating without approval
Ecuador's Superintendence of Banks issued an enforcement alert regarding unauthorised entities conducting money-taking activities without legal authorisation, violating Article 254 of the Organic Monetary and Financial Code. The alert lists several entities involved, including PLATA PUNTUAL-PRÉSTAMO LISTO and CREDIALIANZA S.A.S., among others.