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0.1% of salvadorans invest their money, 52% save it in banks and 36.7% "under the mattress".
Written by Evelyn Alas
The study conducted by the Fundación Salvadoreña para el Desarrollo Económico y Social (FUSADES), shows that in El Salvador few people keep the habit of saving in cash or through a bank account.
Amounts traded in the primary market of the stock exchange have grown 89.6%
Written by Evelyn Alas
The Superintendencia del Sistema Financiero (SSF), published in its twitter account that the amounts traded in the primary market of the Bolsa de Valores (BVES) has grown by 89.6%.
SSF invites investors to learn in workshops to be held during World Investor Week
Written by Evelyn Alas
The superintendent of the Financial System, informed that yesterday was inaugurated the World Investor Week in which different virtual workshops will be held from October 4 to 9, providing essential tips and tools for investors.
The minister of Finance, Alejandro Zelaya, informed in a press conference that he presented today to the Legislative Assembly (AL), a Ley Especial y Transitoria que otorga Facilidades para el Cumplimiento Voluntario de Obligaciones Tributarias y Aduaneras, known as tax amnesty, which seeks to forgive fines, interest and surcharges when paying taxes.
IDB approves $50 million loan to reduce housing deficit in El Salvador
Written by Evelyn Alas
The Inter-American Development Bank (IDB) approved a $50 million loan to finance a program that will help reduce the housing deficit in El Salvador by providing loans to households for the purchase of low-income housing.
Today the first bitcoin was mined from El Salvador
Written by Evelyn Alas
Technology specialist, Monica Taher indicated through her twitter account that today the first bitcoin was mined from El Salvador, "we are talking about Renewable Energy, energy from a volcano, if this is not historic, I don't know what is", she said.
SSF warns about the capture of bank fraudsters and asks not to provide personal and financial data
Written by Evelyn Alas
The Superintendencia del Sistema Financiero (SSF), calls all salvadorans to remain alert and not to provide their personal data and financial information to avoid possible scams that may affect their security and economic and personal integrity.
25 thousand users will benefit from new electronic payment service for quarantine treatments
Written by Evelyn Alas
The President of the Banco Central de Reserva (BCR), Douglas Rodriguez, the executive director of the Organismo Internacional Regional de Sanidad Agropecuaria (OIRSA), Efrain Medina and the Secretary of Comercio e Inversiones de El Salvador, Miguel Kattan, informed about the new electronic payment service for quarantine treatments, which will be available starting today.
Financial Commission seeks to eliminate mandatory credit card overdraft and membership fees
Written by Evelyn Alas
Deputies belonging to the Financial Commission of the Legislative Assembly, presented today a piece of correspondence that contains the reform to the Ley del Sistema de Tarjetas de Crédito with the purpose of eliminating membership and overdraft charges that allow users to make these payments optionally.