This morning, the members of the Economy Commission issued a favorable opinion to approve the Law for the Dissolution, Liquidation and Transfer of functions of the Dirección General de Estadísticas y Censos (DIGESTYC), which can be assumed by the Banco Central de Reserva (BCR).

The President of the Republic Nayib Bukele, informed through his Twitter account that this day they sent 2 bills to the Legislative Assembly to secure funds and make a transparent, public and voluntary purchase offer to all bondholders of salvadoran sovereign debt from 2023 to 2025, at the market price at the time of each transaction.

Today the reforms to the Law Against Usury, the Code of Commerce and the Civil Code go into effect, with the purpose of eradicating and sanctioning conducts related to the generation of interest on interest on commissions.

August vacations are approaching and salvadorans are already preparing their routines to go to the various beaches of El Salvador to enjoy with family and friends.

Focused on providing a better experience with fast, effective and optimal attention to customers and salvadorans, Claro El Salvador opens its new Claro Store in the Perla de Oriente, located in the shopping center "El Encuentro".

The IDB Group, through its private sector arm, IDB Invest, and its innovation lab, IDB Lab, has joined forces with the Government of Israel to empower climate-smart agribusiness in Latin America and the Caribbean (LAC).

Reforms to the Credit Card Law went into effect today in order to protect the patrimonial rights of users of the financial system, mainly those who are cardholders.

The member countries of the Comité Ejecutivo del Instituto Interamericano de Cooperación para la Agricultura (IICA) recognized that the coordinated work of the countries of the Americas is essential to confront a food, nutrition and humanitarian crisis in the region and the world, given the current international environment, and expressed their support for collective action by the Americas to address these challenges.

The Asociación Bancaria Salvadoreña held the closing ceremony of the advisory agreement to implement the sustainability protocol for ABANSA member banks, provided by IDB Invest, signed in early 2020, and executed in conjunction with the Sustainability Committee, composed of representatives of the Association's member banks.