Another bank closes.

Ecuador's banking system continues to worsen wors·en
tr. & intr.v. wors·ened, wors·en·ing, wors·ens
To make or become worse.

worsen
Verb

to make or become worse

worsening adjn . Banco del Progreso Progreso or Progresso could refer to any of several things:

Argentina

Progreso, Santa Fe

Mexico

Progreso, Baja California
Progreso, Coahuila
Progreso, Chihuahua
Progreso, Puebla

became the ninth bank to close its doors since late 1998. The bank was the second-largest institution in the country and its president, Fernando Aspiazu blames the government, saying it is punishing pun·ish
v. pun·ished, pun·ish·ing, pun·ish·es

v.tr.
1. To subject to a penalty for an offense, sin, or fault.

2. To inflict a penalty for (an offense).

3. banks outside the capital city of Quito. Banco del Progreso is located in Guayaquil.

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Author:	Bustos, Sergio R.
Publication:	Latin Trade
Geographic Code:	3ECUD
Date:	Jun 1, 1999
Words:	55
Previous Article:	Airport concession.
Next Article:	Infrastructure money.
Topics:	Banking industry Ecuador

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