The Bank of the Ecuadorian Social Security Institute (Biess) has various financial products for members of the Ecuadorian Social Security Institute (IESS) and the general public.

We offer mortgage, unsecured and pledge loans.

In the case of a mortgage, it enables the acquisition of one’s own home, land, business space, office, among other things, it also provides financing for the construction or remodeling of a house.

Insurance offered by Biess in Ecuador and its importance

This product can only be accessed by dependent affiliates, volunteers and retirees.

Among the requirements that are common to the different purposes of this loan are:

For mortgage loans, the entity stated that an amount of up to 80 unique basic salaries, or 36,000 dollars, can be requested. The product is intended for dependent employees, retirees and pensioners.

How can I know if I meet the conditions for a BIESS loan?

Those who request it must prove a stable, proportional and compatible source of repayment with the requested loan, as well as be current with their obligations to Biess or IESS.

To qualify as an affiliate you must:

For retirees and pensioners, they must have a pension approved by IESS and be up to date with their obligations to the entities.

Like branches, you must have a bank account registered and authorized by IESS and must have no credit arrears.

This is what BIESS lends for the purchase of used houses

Pledge loans

This product is open to the general public and consists of delivering gold jewelry as a pledge to get a maximum amount of 80 unique monthly fees.

Among the requirements are: