Friday, 25 February 2022 02:30

SISTEMA FEDECRÉDITO awarded prizes for the “Concurso Nacional del Juego de Bolsa”

Written by Evelyn Alas

Always committed to the education and training of young people, SISTEMA FEDECRÉDITO, in collaboration with the german Sparkassenstiftung for International Cooperation (DSIK), presented awards to the three winning teams of universities participating in the “Concurso Nacional del Juego de Bolsa”, a virtual simulator of the stock market in which educational institutions from several Latin American countries participated.

The second edition of this contest held in 2021 was promoted and organized by the Superintendencia del Sistema Financiero (SSF), the Federación de Cajas de Crédito y de Bancos de los Trabajadores (FEDECRÉDITO), the country's universities and DSIK.

The objective of the contest, developed between september and december 2021, was for participants to learn about the functions of the Stock Exchange, in addition to interpreting relevant news from the economic, political and social environment in order to have a close experience as real actors in the stock market decision making process.

SISTEMA FEDECRÉDITO awarded a total of US$3,450.00 in prizes, distributed as follows: first place US$1,500.00, second place US$1,200.00 and 3 tablets with an approximate value of US$250.00 each for the third place team members.

Mario Ernesto Menéndez Alvarado, Superintendent of the Financial System, Macario Armando Rosales Rosa, President and CEO of FEDECRÉDITO, and Rolf Grempel, Director of the German Sparkassenstiftung in El Salvador, were present at the awards ceremony, which took place on thursday, february 10 at the FEDECRÉDITO Auditorium, where they presented the awards.

"At SISTEMA FEDECRÉDITO we are excited to join efforts to carry out this type of activities that awaken the interest and encourage the investment spirit of young people, which is achieved through the knowledge of the operation of the stock market, accompanied by experiencing safely making decisions in the stock market, which also improves their teamwork skills", said Mr. Macario Armando Rosales Rosa, President and CEO of FEDECRÉDITO.

The SISTEMA FEDECRÉDITO has more than 810 points of attention, with presence in 195 municipalities in the country, being the 100% salvadoran financial network with greater national coverage. For more information, visit www.fedecredito.com.sv or call the Call Center 2221-3333.