Borrowing of retirees and pensioners of the Ecuadorian Social Security Institute (Iess) increased by 50%, as well as the term of crediting in unsecured loans, the Bank of the Social Security Institute (Biess) reported in a press release.
The increase has been in effect since November 24 last year, Biess pointed out, in accordance with the reforms included in the new Credit Manual for the allocation of this credit product.
#Good news 📈
Biess is management!We have increased the borrowing capacity of our pensioners and pensioners in Ecuador to 50% 🇪🇨.
📌 Access these and other benefits at: https://t.co/180ys0YxaW#BiessContigo#BiessATYourService pic.twitter.com/yXmFgye5Pz
— Biess (@BiessEcuador) November 24, 2023
The most representative parameters are:
| Insured | Appointment | Debt capacity |
|---|---|---|
| Branch offices | Up to 60 (sixty) months | fifty percent |
| Zafreros | Up to 18 (eighteen) months | fifty percent |
| Pensioners and pensioners up to 78 years old | Up to 60 (sixty) months | fifty percent |
| Pensioners and pensioners older than 78 years and less than or equal to 83 years | Up to 48 (forty-eight) months | fifty percent |
| Pensioners and pensioners older than 83 years | Up to 24 (twenty-four) months | fifty percent |
Source: Eluniverso
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