Deposits in state-owned banks registered a 30.4% year-over-year growth rate
Written by Alondra GutiérrezThe Superintendencia del Sistema Financiero (SSF) informed through its official Twitter account the positive increase that state-owned banks have had in relation to deposits made as of May 2021.
Assembly approves amendments to the 2021 Budget Law for more than US$2 million
Written by Alondra GutiérrezThe deputies of the Legislative Assembly approved, with 82 votes, an amendment to the 2021 Budget Law, in the area of Housing, for the incorporation of US$2,136,043 from an agreement signed with the European Union.
CABEI Approves US$50 million financing for the Programa de Vivienda y Vida Digna (PROVIDA)
Written by Alondra GutiérrezThe Central American Bank for Economic Integration (CABEI) facilitated access to social housing for more than 2,500 salvadoran families.
Executive seeks to reach 2.5 million wallets equivalent to US$75 million with the use of Bitcoin
Written by Alondra GutiérrezThe minister of Finance, Alejandro Zelaya indicated during a television interview given this morning, that the government seeks to reach around 2.5 million wallets for transactions and voluntary payments to be made either with dollars or Bitcoins without charging commissions.
9 invoicing mistakes that can complicate business revenue control
Written by Alondra GutiérrezMany entrepreneurs consider business administrative tasks as a tedious activity and a waste of time.
Assembly approves the reform of the decrees that allow for the management of funds to address the pandemic and reactivate the economy
Written by Alondra GutiérrezWith the approval of the reform of Legislative Decrees 608 and 804, which were approved by the last Assembly, the Government is able to manage the funds for the complementary budget for this year's fiscal year, which will be used to attend the health crisis caused by Covid-19 and the reactivation of the country's economy.
Financial Commission considers setting minimum and maximum interest rates for credit cards
Written by Alondra GutiérrezThe deputies that make up the Financial Commission analyzed establishing minimum and maximum amounts of interest rates for credit cards, as part of the road map to establish its work agenda.
Vice Minister of Finance presented financing requests and legislative decree reforms before the Finance Commission
Written by Alondra GutiérrezDuring the Treasury Commission, the legislators approved by majority the reform to Legislative Decree No. 608 and No. 804, which allow the Ministry of Finance to manage credits in order to guarantee more resources for the country and face the Covid-19 pandemic.
Banco Hipotecario and CNR set up corporate cash registers for the benefit of the salvadoran population
Written by Alondra GutiérrezThe director of Centro Nacional de Registros (CNR), Camilo Trigueros, together with the president of Banco Hipotecario de El Salvador (BH), Celina Padilla, cut the ribbon to inaugurate one of the four corporate cash registers, located in Santa Tecla.