El pasado 23 de diciembre de 2025, el FLAR realizó el desembolso de un crédito de apoyo a la balanza de pagos de Ecuador por USD 500 millones, aprobado por su Directorio en la reunión ordinaria CXIV.
The study finds that increases in public debt tend to reduce bank capital, but the size and timing of the adjustment depend on institutional quality. In strong regulatory systems the impact is immediate and later reverses, while in weaker environments the adjustment is slower.
The study shows that although bank capital ratios in emerging economies were procyclical before 2014, over the past decade they have become less cyclical or even countercyclical. Banks with larger capital buffers respond better during downturns, and regions such as Latin America, developing Asia, and the Middle East show the greatest improvements, reflecting the growing influence of macroprudential regulation.