Displaying items by tag: banks

When you go to buy a pair of pants or a pair of shoes, you probably go to several stores, compare prices, look at the product's features, and finally decide on the one you think best meets your needs. Well, you should follow the same process when you buy a financial product or service.

The study conducted by the Fundación Salvadoreña para el Desarrollo Económico y Social (FUSADES), shows that in El Salvador few people keep the habit of saving in cash or through a bank account.

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.

The Superintendencia del Sistema Financiero (SSF) informed through its official Twitter account the positive increase that state-owned banks have had in relation to deposits made as of May 2021.