So far in this month of September, the bank administration has issued nine warnings to citizens about false information circulating on social networks about advertisements of natural and legal persons that are not under the supervision or authorization of this control body to perform activities. national financial system.

The most recent happened this Monday, September 18th and is related to “Real Free Urgent and Fast Chulquero Offers.” In recent days, warnings have also been issued to “Presta Plata-Préstamos”, “CrediCobme”, “Credigenesis Guayaquil”, “Financoopec”, “Ahorro Credisure”, “Cooperativa Financiera Solidaria Ltda.”, “Crédito Ichubamba” and “Coopcredisur”, which are even promoted with logos.

So far in 2023, 54 unauthorized entities have been discovered. In 2022, there were 120 of them.

The banking supervision is issuing a new warning with several entities that are not authorized to do business in Ecuador

The Supervisory Board reminds that it is forbidden for natural or legal persons who are not part of the national financial system to collect funds from third parties or regularly perform financial activities defined in Article 143 of the Organic Monetary and Financial Code reserved for entities that make up the said Code.system.

Nor may they advertise or use notices, posters, certificates, memoranda, headlines or any other means suggesting that the business of the above persons is of a financial nature.

The bank administration issued 73 warnings about the operations of unauthorized persons

For this reason, they say that “the offers given in this way are a clear sign of credit mechanisms that do not adapt to the parameters established by this control body and may threaten the interests of citizens”.

The control body updates the data on its portal, where list of unauthorized subjects.

Also a link to the register of entities of the controlled Financial System.