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Bloomberg – Ecuador’s Pichincha May Sell $100 Million in Stock After Lloyds Purchase

Date: Aug 30, 2010

News on Ecuador banking:

Banco del Pichincha CA, Ecuador’s biggest bank by revenue, may sell $100 million in preferred shares to raise capital after it bought Lloyds Banking Group Plc’s Ecuador operations, Pichincha President Fidel Egas said.

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