Development Bank Of Ecuador Bde Tenders

Development Bank is the public Bank of Ecuador in charge of financing public services, investment projects and infrastructures, through loans to the various sectional governments. Since 2007, together with the government of Rafael Correa, the Development Bank has decided to strengthen the public credit system. In this sense, the Banco del Estado has worked directly with subnational governments and communities, unlike commercial banks, executing public works that satisfy their basic needs.