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The Superintendency Defends the Soundness of the System and Clarifies the Reasons for the Liquidation of Cooperatives

Summary by expreso.ec
The Superintendency of Popular and Solidarity Economy (SEPS), in a statement released on Monday, April 20, 2026, stated that the cooperative system “is strong, solid and sustainable”, and that recent processes of liquidation of cooperatives respond to specific cases, not to a structural deterioration of the sector. Economy and business New standard redefines the role of COSEDE and the order of payments by closure of financial institutions Lisbet…
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The Superintendency of Popular and Solidarity Economy (SEPS), in a statement released on Monday, April 20, 2026, stated that the cooperative system “is strong, solid and sustainable”, and that recent processes of liquidation of cooperatives respond to specific cases, not to a structural deterioration of the sector. Economy and business New standard redefines the role of COSEDE and the order of payments by closure of financial institutions Lisbet…

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expreso.ec broke the news on Monday, April 20, 2026.
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