IDB Invest grants US$60 million loan to BAC Credomatic El Salvador to support salvadorian SMEs
Written by Sandy VelascoIDB Invest and BAC Credomatic El Salvador join efforts to empower women-led SMEs through the Mujer Acelera program.
IDB details that effective banking policies are urgently needed to mitigate the economic impact of Covid-19
Written by Sandy VelascoRecommendations from experts can guide public policy makers in preventing a financial crisis beyond the economic, and health crisis.
Government extends payment of financial services to users affected by pandemic, until 2021
Written by Sandy VelascoThe effects of the pandemic on the economy will affect for several months, as researchers at the World Bank and the United Nations, among others, have warned. El Salvador is also exposed to these economic challenges, therefore, the Government will extend the measures that protect the family economy.
Family remittances continue historic recovery in August, with $559.3 million
Written by Sandy VelascoDuring the month of August, El Salvador registered an important recovery of income from family remittances, confirming the strong bond between salvadorans living abroad, and their relatives in El Salvador.
ASIB announced a negotiation of LETES for more than US$24.1 million
Written by Sandy VelascoThe Asociación Salvadoreña de Intermedios Bursátiles (ASIB), announced a stock placement for more than $24,116,500 in LETES DD-4, at 93.27%.
