Displaying items by tag: SSF
Financial system loans grew 9.2% in may: SSF
The Salvadoran financial system contributes to the stability of the country's economy and this is reflected in the strength of its indicators at the end of may 2023, highlighting the 9.2% interannual growth in loans, which reached US$17,974.62 million.
As of april 30, salvadorans saved more reflecting an increase of US$145 million
The Superintendencia del Sistema Financiero (SSF), detailed in its twitter account that savings accounts registered an interannual growth of US$145.6 million as of april 30, 2023, reflecting confidence in the financial system.
Savings accounts as of march 2022-2023 grew US$236.7 million: SSF
The Superintendencia del Sistema Financiero (SSF) informed that "savings accounts reveal an inter-annual growth of US$236.7 million, as of march 15, 2023, highlighting the confidence of users in the financial system". Thus, the balance safeguarded in these instruments amounts to US$5,908.4 million.
Amounts traded on the stock exchange for january 2022-2023 grew US$88 million: SSF
The Superintendencia del Sistema Financiero (SSF), informs that the amount traded in the integrated stock exchange between El Salvador and Panama, reflects an interannual growth of US$88.1 million as of january 2023.
Financial Inclusion Law helped growth in savings accounts in 2022
The Superintendencia del Sistema Financiero (SSF), came to the Financial Commission of the Legislative Assembly and detailed that the impact generated in the population by the implementation of the reforms to the Law to Facilitate Financial Inclusion has generated a growth of 208,498 simplified savings accounts by december 2022.
From january to december 2022 savings accounts grew 10.1%: SSF
According to the Superintendencia del Sistema Financiero (SSF), as of december 2022, the evolution of savings accounts shows an increase of 10.1%, with a year-over-year growth of US$553.8 million.
Avoid becoming a victim of bank scams with the following tips from the SSF
The Superintendencia del Sistema Financiero (SSF) warns that anyone who makes use of any financial product can become a victim of financial fraud, either through cloning of debit or credit cards, theft or loss of checkbooks, assaults at the exit of banking establishments or by making investments in disreputable institutions that offer high rates for savings or investments.
El Salvador will not be affected despite simultaneous interest rate hikes
The U.S. Federal Reserve (FED) announced a new interest rate hike. On this occasion, the sixth so far in 2022, it increased by 0.75%.
October 2021-2022 savings accounts grew US$628.3 million: SSF
The Superintendencia del Sistema Financiero (SSF), reported that the stability of the banking sector is reflected in the growth of savings account balances, which, as of october 27, 2022, registered a 12% inter-annual growth compared to the last period.
SSF encourages savings and investment habits through the Stock Market Game 2022
The Stock Exchange of El Salvador, which is celebrating its 30th anniversary, provides a variety of investment and financing options. It is also committed to training and education, through multiple activities that provide knowledge about the capital market to the population.
