English 
Español 
Displaying items by tag: BCR
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.
BCR affirms that imports will increase 32% during 2021
A report from the Banco Central de Reserva (BCR), indicates that exports increased by 32% in the period from january to december 2021, compared to the same period last year.
BCR reports that artistic services grew by 120.3% and technology services by 24.6%.
The President of the Banco Central de Reserva de El Salvador (BCR), Douglas Rodríguez, informed in an interview that, in the first quarters of 2021, there was a growth in artistic and entertainment services of 120.3%.
El Salvador registered a GDP growth of 11.7% in the third quarter of 2021 and the projection remains at 10.3%.
The Banco Central de Reserva de El Salvador (BCR), provided an economic balance in which it announced that the Gross Domestic Product (GDP) in the country registered a growth of 11.7% in the third quarter of 2021.
SSF and BCR announce the launch of the new Financial Innovation Virtual Office
The Superintendencia del Sistema Financiero (SSF) and the Banco Central de Reserva (BCR) launched the Oficina de Innovación Financiera (OIF) which places El Salvador at the forefront of innovative financial policies, being one of the first of its kind in the Central American region.
BCR shows that IVAE had a year-on-year growth of 6.7% in september 2021
The Banco Central de Reserva (BCR), reports that the Índice de Volumen Actividad Económica (IVAE) had an interannual growth of 6.7% in september 2021, a factor that reflects the dynamism of the national production.
Salvadoran economy to grow at 10.3% according to BCR
The President of the Banco Central de Reserva (BCR), Douglas Rodriguez gave a press conference to inform about the new economic growth projection for El Salvador 2021 and the results of foreign trade and remittances, as of october of this year.
IMF and BCR confirm El Salvador's 9% growth by 2021
The International Monetary Fund (IMF) confirmed today that El Salvador's economy will have an economic growth of 9% this year, which reaffirms the Banco Central de Reserva (BCR) projection made last august.
BCR confirms 24.5% growth of the salvadoran economy in the second quarter of 2021
The Banco Central de Reserva (BCR), informed that the salvadoran economy has grown 24.5% in the second quarter of 2021 as part of productive activities.
BCR indicates that family remittances total US$4,901.2 million from january to august 2021
According to the Banco Central de Reserva (BCR), family remittances received in El Salvador from abroad accumulated US$4,901.2 million in the period from january to august 2021, showing a growth of 35.0% compared to the same period last year, equivalent to an additional US$1,271.2 million.