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Savings accounts grew US$582 million from november 2021-2022
Written by Evelyn Alas
The Superintendencia Sistema Financiero (SSF) savings accounts registered an interannual growth of US$582 million as of november 11, 2022, which reveals the confidence that users feel in the financial system and the security of safeguarding their money in the country.
MultiMoney presented its new image under the slogan "Finances of these times"
Written by Coralia Cuellar // Evelyn Alas
As of november, Sociedad de Ahorro y Crédito Gente, S.A. will become Sociedad de Ahorro y Crédito Multimoney, S.A., (SAC MultiMoney) maintaining the same group of Central American shareholders and collaborators.
Treasury recovered US$131.3 million through tax amnesty
Written by Evelyn Alas
The minister of Finance, Alejandro Zelaya, announced in a press conference that, at the end of november 1 of this year, the tax amnesty resulted in the collection of US$131.3 million, which corresponds to approximately 25,000 taxpayers who applied for the amnesty.
El Salvador exceeds projected number of tourists for 2022 and receives US$2,077 million in foreign currency
Written by Evelyn Alas
According to statistics from the Ministry of Tourism, between january and october, the country received 2 million foreign visitors, which have left the country the amount of US$2,077 million in foreign currency.
Income Tax Refunds for fiscal year 2021 have been delivered in full
Written by Evelyn Alas
The Ministry of Finance informed that the Income Tax (ISR) refunds corresponding to the activities that generated income in the year 2021 have been completed.
Treasury to request US$75 million loan from Development Bank of Latin America
Written by Evelyn Alas
The minister of Finance, Alejandro Zelaya, presented to the Legislative Assembly a request to subscribe a financing operation with the Development Bank of Latin America (CAF).
Infrastructure accounts for 14.2% of total employment in Latin America
Written by Evelyn Alas
According to an analysis prepared by the Inter-American Development Bank (IDB), despite the potential for employment generation, infrastructure subsectors present a significant gap in terms of labor Sistema de Información de Mercados Laborales y Protección Social (SIMS).
Users will be able to open bank accounts with DUI only and without minimum amounts
Written by Evelyn Alas
As part of the efforts made by the deputies of the Financial Commission, next november 29, the reform to Article 20 of the Law to Facilitate Financial Inclusion will enter into effect, so users will be able to open a savings account in commercial banks, cooperatives or savings and loan companies in a simplified manner.
CABEI issues new private placement despite current market conditions
Written by Evelyn Alas
The Central American Bank for Economic Integration (CABEI) has issued another private placement in 2022. This particular issuance was for an amount of US$50 million for a 3-year term, which represents CABEI's 39th issuance in the U.S., reaching a historical aggregate amount of US$4.5 billion equivalent to close to 30% of the Bank's historical issuances.