RESOLUTION N°. 587-2020-F AND ITS IMPACT ON THE BUDGET OF THA SAVINGS AND CREDIT COOPERATIVE “ABDÓN CALDERÓN” LTDA., 2020
Keywords:
refinancing, restructuring, budgetAbstract
Resolution No. 587-2020-F had its scope at the national level aimed at entities in the popular and solidarity economy sector. It refers to the deferral and restructuring of credits that due to the pandemic, the partners were unable to pay their financial obligations normally. This problem caused a decrease in the cooperative's income and therefore in compliance with the budget, opting to accept the resolution. The objective of the development of this research is to analyze how Resolution No. 587-2020-F affected the budget of the "Abdón Calderón" Ltda. 2020 Savings and Credit Cooperative. To achieve the stated objective, the study is framed in a quantitative approach methodology applying analytical-synthetic, documentary methods. Existing a population of 52 deferred and refinanced credits, highlighting among the results obtained that in the period of execution of the resolution, it was possible to show that the Cooperativa Abdón Calderón Ltda., had a reduction in the income accounts due to the fact that it did not obtain income for portfolio interests or others associated with income for the entity. In the same way, it is concluded with the affirmation that Resolution No. 587-2020-F did not cause a negative impact that put its profitability or sustainability at risk. On the contrary, in the year 2020, there was an increase in the recovery of active delinquencies compared to 2019. As well as, the deposits received increased compared to previous years.
Keywords: refinancing, restructuring, budget.
Downloads
References
Bomba F (2018) Tamaño de muestra paso a paso- biblioteca.udgvirtual.udg.mx, recuperado de: http://biblioteca.udgvirtual.udg.mx:8080/jspui/handle/123456789/2802
Junta de Regulación Monetaria Financiera. (2020). Resolución587-2020-F.Junta de Política y Regulación Monetaria y Financiera. Obtenido de: https://www.finanzaspopulares.gob.ec/wp-content/uploads/2020/04/Res_568_2020_f.pdf
Ley Orgánica de Apoyo Humanitario, (2020). Registro Oficial Suplemento 229 de 22-jun.-2020. Oficio No. AN-SG-2020-0355-O. Recuperado desde https://www.emov.gob.ec/sites/default/files/transparencia_2020/a2_41.pdf
Ochoa, C (2020). Efectos y expectativas de recuperación económica frente a la pandemia COVID-19 en el departamento de Boyacá, Colombia. Obtenido de: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3664379.
Superintendencia de Economía Popular y Solidaria. (2015). Boletín, Norma para la gestión de Riesgo de Crédito. FTCS. Obtenido de: https://www.seps.gob.ec/documents/20181/340346/Norma+Riesgo+de+Cr%C3%A9dito.pdf/21a94c6c-b98b-4ddd-8c07-fce5fbbdb1f5
Tenemea–Guerrero, J., Moreno-Narváez, V., & Vásconez-Acuña, L. (2020). Gestión del riesgo crediticio en el sistema financiero popular y solidario bajo la coyuntura COVID-19. CIENCIAMATRIA, 6(2),397-42https://doi.org/10.35381/cm.v6i2.374.
