The right to payment of Deposit Insurance for the closure of financial institutions of the popular and solidarity sector in Ecuador

Abstract

Ecuadorian State guarantees the right of the deposit insurance payment to every individual who was affected by the closure (Forced settlement) of financial entities of the popular and solidary sector; which protects deposits made in the entitites involved in a limited way with the aim of been able to recover their savings according to the law. An analysis of the norms and procedures made by control entities, it is also determined that the legal system does not contribute to an efficient return of deposits to those affected, which violates constitutional rights and principles.

URL: http://revistas.uta.edu.ec/erevista/index.php/bcoyu/article/view/676