[ORGANIZATION]
Banco del Instituto Ecuatoriano de Seguridad Social (Biess)
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Ecuador Biess real-estate auction rollout
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Latest: Biess streamlines property auction process and offers 64 properties
In late July 2026, Ecuador's Banco del Instituto Ecuatoriano de Seguridad Social (Biess) began a nationwide auction of properties seized through co-active processes. The initial sale catalog included houses, apartments,