Good news for Cuencanos! The Bank of the IESS (BIESS) reopened its “Fabrica de Operaciones” (Loan services operation center) in Cuenca to revitalize and improve the mortgage loans services. The “Fabrica de Operaciones” is the department in the BIESS where all the documents related to mortgage loans are processed including assessment reports, coordinating legal issues, and approving mortgage loans and process payments. BIESS has 53 percent of the national mortgage market. This new area will help to coordinate loans in Cañar, Morona Santiago, Zamora Chimchipe, and Loja. “The Fabrica de Operation will improve the timing of the process to obtain…
Want to read the whole story?
Subscribe to The Cuenca Dispatch and gain full access to this story, weekly issues, plus the entire running archive! With your subscription, you will gain access to all the news you'll need concerning Ecuador as a United States expat.
Get access to our most read articles
- Cuenca expat scene is ‘changing before our eyes’
- Immerse yourself in Cuenca’s bountiful markets
- Los Perniles
- CRIME REPORT
- Cuenca identifies 7 most dangerous places to be a pedestrian in the city
- Ecuadorian named to Time magazine’s 100 most influential people list
- Global warming? Most of the hot air is generated by politicians
- The American dream: The experience of an Ecuadorian woman who fell in love with your country.
- IESS launches “primary care” concept to patients
- What should you bring to Cuenca?