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LIQUIDITY ANALYSIS FOR COMPLIANCE WITH DEPOSITORS OF CREDIT UNIONS IN COMPULSORY LIQUIDATION IN ECUADOR FOR THE PERIOD 2020-2021

Abstract:

In a financial institution that has been declared unviable, liquidity is vital for making decisions to the conglomerate of depositors, especially those involving how much to repay, in how many phases to repay and, most importantly, how many people will not have their deposits covered at 100%. In Ecuador, according to the Superintendency of Popular and Solidarity Economy, only upon concluding the supervision of a Cbkp_redit Union and evaluating its financial and administrative managementcan it rule that it is unviable. The methodology applied in this research is quantitative, of secondary information and cross-sectional. The main finding is that the Organic, Monetary and Financial Code is protectionist, unlike the banking holiday experienced in Ecuador at the end of the nineties; this one safeguards depositors with the application of norms and processes of the different public administration institutions, leaving aside state protectionism. One of the conclusions is that it is important to reduce social ignorance to clear doubts and inform people that a liquidation process is a guarantee and that it is nothing more than selling assets to return liabilities; in this process, a financial, legal and accounting analysis must be carried out to make decisions that protect the rights of partners and clients.