Feb 20 • 15:26 UTC 🇪🇨 Ecuador El Universo (ES)

Ministry of Finance: interest rates for productive sectors reduced by up to 2.89% in one year

Interest rates for productive sectors in Ecuador have decreased significantly, according to figures released by the Ministry of Economy and Finance.

The Ministry of Economy and Finance in Ecuador has reported a notable reduction in interest rates for various productive sectors over the past year. Data comparing February 2026 to February 2025 shows that corporate productive rates decreased by 1.79%, business productive rates by 2.89%, and rates for small and medium enterprises (SMEs) by 1.37%. Specifically, the corporate productive rate fell from 9.33% to 7.54%, the business productive rate from 11.92% to 9.03%, and the SMEs rate from 11.04% to 9.67%.

These reductions are attributed to the growing trust that Ecuador has established in international markets, which has facilitated access to new external financing for the government. The ability to secure additional external funding has allowed the government to reduce its need for local financing, thereby contributing to lower interest rates across the productive sectors. This is seen as a positive signal for economic growth and stability in Ecuador.

The implications of these lower interest rates could be significant for the country's economic landscape, as reduced borrowing costs may encourage greater investment in the productive sectors, potentially leading to job creation and overall economic expansion. The government's initiatives to improve access to financing for various businesses are likely to play a crucial role in fostering a more vibrant economic environment in Ecuador.

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