Impacto del Covid-19 y su incidencia en la liquidez de la banca pública del Ecuador en el año 2020.

Abstract

Abstract: This study analyzes the effect of Covid-19 on the liquidity of Ecuadorian public banks. For this purpose, a descriptive and exploratory type of research was used, through data obtained from liquidity, profitability and solvency indicators of banking institutions: Banco de Desarrollo del Ecuador, Corporación Financiera Nacional and BanEcuador, period 2019 and 2020. The main result shows that the Covid-19 pandemic had a significant positive and negative effect on the liquidity of public financial institutions in Ecuador, and it is also evident that the resolutions issued by the Monetary and Financial Regulation Policy Board have been timely and comprehensive in order to protect the liquidity and solvency of public financial institutions through financial relief such as: restructuring, refinancing and deferral of credit obligations, temporary reduction of resources contributed to the Liquidity Fund to offset the outflows of deposits due to the effects of the pandemic. Consequently, Covid-19, makes imperative the need to promote monetary and financial policies for the recovery of the country's economic activity.