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Displaying items by tag: SUPERINTENDENCIA DEL SISTEMA FINANCIERO
Savings accounts had a year-on-year growth of US$437 million to january 2023
The Superintendencia del Sistema Financiero (SSF), reported that savings accounts show an 8% increase as of january 20, 2023, which represents an interannual growth of US$437.6 million, marking a positive trend of the population towards savings.
Superintendencia Adjunta de Pensiones will not be eliminated and pension evasion will be corrected
According to the minister of Finance, Alejandro Zelaya, explained this morning that the Superintendencia Adjunta de Pensiones (SAP), which has the Superintendencia del Sistema Financiero (SSF), will not be eliminated by the new pension institute, because it will be in charge of coordinating and supervising the standards.
Savings account amounts grew US$688.2 million from september 2021 to 2022
The Superintendencia del Sistema Financiero (SSF), informed that the soundness of the banking sector is reflected in the inter-annual growth of the amounts registered in savings accounts, which from september 2021 to september 22 of the same month of this year, reflects an increase of US$688.2 million.
Pension Funds nominal return as of may 2022 averaged 3.89%.
The Asociación Salvadoreña de Administradoras de Fondos de Pensiones (ASAFONDOS), expressed through a statement on its Twitter account that the profitability of Pension Funds is positive. According to official data from the Superintendencia del Sistema Financiero (SSF), the average of the last 36 months recorded to may 2022 was +3.89%.
Year-on-year growth in loans granted to april 2022 was US$1,324.6 million
The Superintendencia del Sistema Financiero (SSF), reports through its Twitter account that banking remains solid, reflecting growth in the amount of loans granted. As of april 29, 2022, an interannual increase of US$1,324.6 million is reported, showing the economic momentum in the country.
Banks and cooperatives will be open until wednesday, april 13 for vacations
If you are about to carry out a banking procedure, you have until wednesday, april 13 to do so, since Easter vacations are approaching and financial institutions will remain closed.
SISTEMA FEDECRÉDITO awarded prizes for the “Concurso Nacional del Juego de Bolsa”
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.
From 300 to 1000 minimum wages will be the fine for loan sharks who charge more interest than permitted
The deputies of the Financial Commission presented three pieces of correspondence, in which they presented the initiatives to reform the Law Against Usury, the Civil Code and the Commercial Code.
Financial Institutions will remain closed on december 25 and january 1 for Christmas Holidays
The Superintendencia del Sistema Financiero (SSF), invites salvadorans to carry out their financial procedures or operations in time, since banks, cooperatives and savings and loan companies will be closed for Christmas holidays on december 25 and january 1, 2022.
SSF and Defensoría del Consumidor sign agreement to strengthen attention to queries and complaints from users of the financial system
The Superintendencia del Sistema Financiero (SSF) and the Defensoría del Consumidor (DC), signed a Technical Cooperation Agreement that will strengthen the provision of services in favor of the population that uses financial products and services.