In the interview Frente a Frente, Minister of Finance, Jerson Posada, detailed that the total short term debt amounts to US$2.8 billion; and although he assured that this debt will always be paid, he explained that US$1.5 billion will be included in the restructuring of terms offered by ABANSA (Asociación Bancaria Salvadoreña).

Cryptocurrencies can have both a positive and negative impact on financial inclusion.

 

According to the analysis presented at the national forum "Coffee in El Salvador: current outlook, perspectives and opportunities", investing in production, post-harvest management and commercialization could generate returns of 22% and impact 99 thousand people in the area.

 

Many entrepreneurs consider business administrative tasks as a tedious activity and a waste of time.

Thursday, 31 August 2023 02:00

How to identify the US$100 bill

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The Banco Central de Reserva, BCR, through its social networks, is carrying out a campaign to educate and orient the salvadoran population about the characteristics of the US$100 bill.

Wednesday, 30 August 2023 03:50

Loan portfolio boost to july 2023

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According to the most recent data provided by the Superintendencia del Sistema Financiero (SSF), the loan portfolio has been increasing compared to the same period last year.

In a radio interview, the former President of the Banco Central de Reserva (BCR) Carlos Acevedo, salvadoran economist, explained that the bank proposes to change the conditions of short-term debt, which does not exist today. However, the interest rates are not known, which is a component of any refinancing structure.

Monday, 28 August 2023 02:30

How to have a good credit card management?

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It is convenient to be informed about the proper use of your credit card. This way you will be able to use the benefits for a better financial health.

A wedding is expected to be a unique and absolutely perfect day, but is it really worth putting your parents in debt or starting the relationship in the red, just to have one special moment?