The deputies of the Finance Committee issued a favorable opinion in favor of the draft General State Budget Law 2024, which amounts to US$9,068.7 million. The resources will be used so that all State portfolios can continue to work adequately in 2024.

Thursday, 21 December 2023 05:14

Investment funds in the country increase 100.01%.

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The Superintendencia del Sistema Financiero released a report on the current state of the country's investment funds for the month of november, which shows an increase of 100.01% inter-annual growth in their assets.

The Defensoría del Consumidor (CD) has been monitoring the different areas to verify that suppliers respect consumers' rights.

The Central American Bank for Economic Integration (CABEI) proudly commemorates its 63rd anniversary with an unwavering commitment to be the region's main financial ally, playing a crucial role in improving the quality of life of Central Americans, as well as increasing its internal controls and transparency in its daily operations.

 

Monday, 18 December 2023 04:20

Tips to take better care of your Christmas bonus

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Many people when they finally get their Christmas bonus think about buying things, buying gifts, Christmas and New Year's dinners, or buying things that are not really necessary. It is important that this extra money that comes in at the end of the year is saved for more efficient things such as health or education.

Saturday, 16 December 2023 04:31

Advantages of check truncation

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The president of the Banco Central de Reserva (BCR), Douglas Rodriguez arrived to the financial commission of the Legislative Assembly to explain the advantages that the entry into force of the check truncation will have in the country.

In a radio interview, the President of the Administración Nacional de Acueductos y Alcantarillados (ANDA)Rubén Alemán, stated that since the Transitory Decree that forgives the payment of fines and arrears went into effect, it has benefited 25 thousand users.

The Financial Commission of the Legislative Assembly has initiated the study of the proposal to reform the Code of Commerce, in order to eliminate the physical exchange of a check and replace it with an electronic registry that expedites the clearing process, in order to release funds in less time.

 

Grupo Ficohsa successfully concluded the acquisition of the insurance company ASESUISA in El Salvador, thanks to an agreement formalized with the colombian company Suramericana, and the subsequent approval of the Superintendencia de Competencia and Superintendencia del Sistema Financiero (SSF).