In the regulation of the Bitcoin Law published a few days ago by the Central Government, it indicates that banks will now be able to provide financial services to Bitcoin service providers or open accounts to users in bitcoin in an optional and not mandatory manner.

The Bolsa de Valores (BVES), reported the placement in the primary market of the Fondo de titularización de Hencorp Valores, whose originator is the Municipality of San Salvador, who saw in this complementary financing alternative and tailored to their financial needs.

According to the Financial Inclusion and Education platform, which was enabled a few days ago by the Legislative Assembly (LA), the status of use of Financial Services indicates the percentage of people who use savings accounts, insurance, pension, mobile payment transfers and credits.

The credit card: is a method of financing to which you can access different financial products we must know that it involves a recurring line of credit, in which there is a monthly cut, where you can make purchases, cash withdrawals, payments, fees, commissions, interest and VAT in the period.

The Central Government announced the signing of an agreement with the Central American Bank for Economic Integration (CABEI), which will facilitate access to credit for the granting of housing in the Vida Digna (PROVIDA) program for salvadorans.

BFA expects to open more branches in the eastern and western areas. To date, the agencies in Teotepeque and Osicala serve about 50 transactions per day.

The deputy of Nuevas Ideas (NI), and president of the Financial Commission, Dania González, summoned representatives of the Asociación Bancaria Salvadoreña (ABANSA), Superintendencia del Sistema Financiero (SSF), Banco Central de Reserva (BCR), and the Defensoría del Consumidor (DC), for next friday to put an end to financial abuses.

Wednesday, 04 August 2021 01:45

Intermittent fasting method to improve your finances

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Change and improve your financial habits in just three weeks with the “intermittent fasting” method.

During the vacations, salvadorans take advantage of the time to carry out different economic activities, such as domestic tourism and shopping for different items.