NEW YORK–(BUSINESS WIRE)–Link to Fitch Ratings’ Report: Peer Review: Recession Clouds Ecuadorian Banks’ Performance https://www.fitchratings.com/site/re/891157 The Ecuadorian banking sector remains vulnerable to a weak economy, with an expected contraction of 2% at year-end 2016, due to the sharp fall in oil-sector revenues that has forced the government to cut spending, a key source of economic growth, according to Fitch Ratings. Fitch expects a gradual recovery in 2017 and weak medium-term
