Bancoagrícola presents US$116 million loan portfolio at year-end 2021
Written by Evelyn AlasBancoagrícola has had a good recovery in its loan portfolio, which began at the end of the third quarter of 2020, both in its commercial portfolio, which continues to support companies in different economic sectors of the country, as well as consumer and housing loans granted to individuals.
Finance minister presents bill to audit US$280 million from the pandemic
Written by Evelyn AlasThe minister of Finance, Alejandro Zelaya and Vice Minister Jerson Posada, presented a bill to audit the US$280 million that was given to the municipalities for the Covid-19 pandemic.
The pros and cons of cryoptoactives according to the IMF
Written by Evelyn AlasNew digital forms of money have the potential to offer cheaper and faster payments, increase financial inclusion, improve the resilience and competition of payment service providers, and facilitate cross-border transfers.
2nd contingent of salvadoran workers to Canada announced
Written by Coralia CuellarThe minister of Labor, Rolando Castro, announced today the second contingent of salvadorans who will travel to Canada to work in various service sectors.
Banco Promerica innovates with its new VISA PREMIA card
Written by Evelyn AlasBanco Promerica, interested in offering the best products to its customers, unveiled the VISA PREMIA card, the only card available in the salvadoran market that allows the transfer of points to three air miles programs: Spirit, LifeMiles and Iberia.
Defensoría del Consumidor identified 43 cases of price increases in basic food products
Written by Evelyn AlasThe Defensoría del Consumidor (DC), presented a report of results of the ''National Price Verification Plan'', in which possible cases of price increase to products of the basic food basket were found.
CABEI promotes youth labor insertion and training with a US$6 million investment
Written by Evelyn AlasThe Central American Bank for Economic Integration (CABEI) promotes social programs focused on fostering entrepreneurship, employment and youth innovation in the region.
Ministry of Housing delivers safe housing through ‘’Programa de Reasentamiento’’
Written by Evelyn AlasThe minister of Housing (FONAVIPO), Michelle Sol, verified the housing relocation process of families in the community of El Bambú, in San Salvador.
El Salvador will grow 9% during the last months of 2021 according to BCR
Written by Evelyn AlasThe president of the Banco Central de Reserva (BCR), Douglas Rodriguez, informed about the economic growth outlook for El Salvador.