Central Banking

Central Bank of Ecuador receives loan to promote financial inclusion

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The Inter-American Development Bank (IDB) has offered Ecuador a $10 million loan to support a project encouraging financial inclusion for low-income Ecuadorians living in remote parts of the country.

"Access to financial services plays a critical development role by promoting economic growth, reducing inequality of incomes, and improving conditions for families living in poverty," said Cristina Pailhé, IDB project team leader. "The objective is to provide the population with access to a range of

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