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BCR promotes the Financial Education program in the country's schools
Written by Evelyn Alas
The Banco Central de Reserva informed that they visited the department of Cabañas to train students of Centro Escolar Karold Wojtyla and the Complejo Educativo Católico Pío XII, on savings, financial products and services.
Stock Market, Insurance Premiums and State Banks growth as of july 2021
Written by Evelyn Alas
The Bolsa de Valores (BVES), integrated between El Salvador and Panama, reached a cumulative total of US$252.9 million in traded amounts as of july 2021, registering an interannual increase of 48.2%, demonstrating the interest of investors in the markets of both countries. The amount traded in the stock market as of july 2020 was US$170.7 million and as of july 2021 was US$252.9 million.
Banks are not obliged to provide financial services to Bitcoin users and suppliers
Written by Evelyn Alas
In the regulation of the Bitcoin Law published a few days ago by the Central Government, it indicates that banks will now be able to provide financial services to Bitcoin service providers or open accounts to users in bitcoin in an optional and not mandatory manner.
Municipality of San Salvador receives US$124 million in securitization
Written by Evelyn Alas
The Bolsa de Valores (BVES), reported the placement in the primary market of the Fondo de titularización de Hencorp Valores, whose originator is the Municipality of San Salvador, who saw in this complementary financing alternative and tailored to their financial needs.
Do you know how many savings, pension and credit accounts exist in El Salvador?
Written by Evelyn Alas
According to the Financial Inclusion and Education platform, which was enabled a few days ago by the Legislative Assembly (LA), the status of use of Financial Services indicates the percentage of people who use savings accounts, insurance, pension, mobile payment transfers and credits.
Differences between minimum payment and non-interest bearing credit card payments
Written by Evelyn Alas
The credit card: is a method of financing to which you can access different financial products we must know that it involves a recurring line of credit, in which there is a monthly cut, where you can make purchases, cash withdrawals, payments, fees, commissions, interest and VAT in the period.
US$50 million granted to finance FSV housing projects
Written by Evelyn Alas
The Central Government announced the signing of an agreement with the Central American Bank for Economic Integration (CABEI), which will facilitate access to credit for the granting of housing in the Vida Digna (PROVIDA) program for salvadorans.
BFA brings its financial services closer through the Cajas Rurales
Written by Dinero Staff
BFA expects to open more branches in the eastern and western areas. To date, the agencies in Teotepeque and Osicala serve about 50 transactions per day.
Financial Commission summoned ABANSA, BCR, DC and SSF for next friday to put an end to financial abuses
Written by Evelyn Alas
The deputy of Nuevas Ideas (NI), and president of the Financial Commission, Dania González, summoned representatives of the Asociación Bancaria Salvadoreña (ABANSA), Superintendencia del Sistema Financiero (SSF), Banco Central de Reserva (BCR), and the Defensoría del Consumidor (DC), for next friday to put an end to financial abuses.