Find out how banks rank in the latest ABANSA "Banking Ranking"
Written by Evelyn AlasIn the most recent report presented and carried out in july 2021, the Asociación Bancaria Salvadoreña (ABANSA), announced the positions of the country's banks, called "Banking Ranking".
How safe is it to use cryptocurrencies today?
Written by Dinero StaffIn an article published by the BINANCE company, it points out that in this 2021, terms such as: "cryptocurrencies, bitcoin, or blockchain" are heard more frequently. Undoubtedly, the economic trend of this 2021 has been the use and adoption of cryptocurrencies as a form of payment not only in the world, but also in Latin America.
El Salvador's Bonds continue their bad streak
Written by Dinero StaffFor two consecutive weeks, the prices of El Salvador's Bonds have been registering strong drops in their prices.
El Salvador now owns 700 bitcoins, President Bukele buys price drop
Written by Dinero StaffThe specialized magazine "Bitcoin Magazine" indicated in the early hours of monday, september 20, that El Salvador has bought the "Bitcoin price drop", exchanging dollars for Bitcoin at a time when its price is expected to rise again.
AFP Crecer has generated a return of US$2.6 billion in pension savings accounts
Written by Evelyn AlasAFP Crecer stated in a press release that it has generated US$2.6 billion in returns for the savings accounts of its contributors, which have been under its administration for a period of 23 years.
Telephone companies provide details of collections and delinquencies to the Financial Commission
Written by Evelyn AlasThe Financial Commission of the Legislative Assembly called representatives of four telephone companies operating in the country, with access to different telephone, internet and cable services.
BCR promotes the Financial Education program in the country's schools
Written by Evelyn AlasThe 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 AlasThe 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 AlasIn 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.