Ecuador: SCPM allows Savings Co-ops merger
Published on: Monday 17 June 2019
The Cooperativa de Ahorro y Credito Juventud Ecuatoriana Progresista (JEP) Co-operative savings bank has gained authorization from Ecuador’s Superintendence of Market Power Control (SCPM) to carry out a planned merger with its peer, the NCO Cooperative of Savings and Credit of the National Police. The merger still requires authorization by the Superintendence of Popular and
News source: https://www.pymnts.com/cpi-posts/ecuador-authorizes-scpm-merger-of-savings-cooperatives/
