Displaying items by tag: credit
Credit is not an enemy: Benefits of having a credit card
The advantages of having a credit card are multiple, since it is a form of payment that allows you to make purchases safely in various establishments, however, it is necessary to know how they work so that the benefits of having a credit card are reflected in your personal finances.
What is the difference between credit and loan?
A credit is an amount of money that we can request from a trusted financial institution without having to set an amount or repayment terms. The bank does not lend the money, but rather a method of payment, such as a credit card or a line of credit.
Why is it important to save and what expenses can you reduce when you start?
One goal of having healthy personal finances is to allocate part of your budget to savings, but do you know why it is important to save?
Treasury approved to manage credit to carry out liability management operations
The deputies of the Treasury Commission issued a favorable opinion regarding the approval of the "Special Law that authorizes the execution of liability management operations for the conversion of short term debt to medium and long term debt".
100 million loan approved to provide credit for MSMEs
The Central Government, through the Ministry of Finance, requested the Legislative Assembly to approve a Guarantee Contract that endorses the Loan agreed between the Banco de Desarrollo de la República de El Salvador (BANDESAL) and the Inter-American Development Bank (IDB).
Bandesal signs guarantee contract for access to credit for MSMEs
Today, the minister of Finance, Alejandro Zelaya, together with the president of the Banco de Desarrollo de El Salvador (BANDESAL), Moisés Cabrera, and the representative of the Inter-American Development Bank (IDB) in El Salvador, Cesar Falconi, signed a sovereign guarantee contract for the Access to Credit Program for Micro, Small and Medium Enterprises (MSMEs).
Bonds to guarantee a loan or credit? What are they and who grants them?
Bonds are a type of guarantee to comply with any legal, valid and economic obligation derived from contracts where a term, characteristics, amounts and quality are agreed upon, entered into between government entities or individuals.
How to avoid excess debt?
However, sometimes debts stop being a tool to improve your finances and become a burden that consumes much of your income and an obstacle to your peace of mind and economic growth.
CABEI commemorates International Women's Day by promoting equal opportunities
Promoting programs, projects and initiatives that favor equal opportunities and economic and social conditions in the region is the objective set by the Central American Bank for Economic Integration (CABEI) when it established "Gender Equity" as one of its cross-cutting themes in its Institutional Strategy 2020-2024.
A credit can be a good option to get out of your debts
A credit is a loan of money granted by a natural person or financial institution, with the commitment that, in a determined period of time, the client will pay back the loan gradually (by means of installments or in a single payment).