More than 60% of applications for the Mi Casa Propia credit have not been qualified
The Mi Casa Propia credit program by Banco del Pacífico in Ecuador is experiencing slow uptake, with over 60% of applications failing to meet qualification criteria.
Banco del Pacífico expects to achieve $1 billion more in financing: 'It is essential to have access to the capital market from different sources, that is where we are going'
Banco del Pacífico aims to secure $1 billion in additional financing to support local businesses, according to its CEO Iván Andrade.