Displaying items by tag: EL SALVADOR
World Bank indicates that El Salvador's growth outlook rose to 2.8%.
The World Bank in its latest report: Economic Outlook Latin America and the Caribbean october 2023 estimates that El Salvador's Gross Domestic Product (GDP) growth outlook rose to 2.8% in 2023.
MOVISTAR El Salvador promotes sustainability and recycling of electronics in the country's universities
Movistar El Salvador, a leading telecommunications company, promotes sustainability with its university tour under the electronics recycling program "Cambiá a Verde".
El Salvador and arab countries to deepen cooperation, economic and trade relations
The Group of Heads of Mission of Arab Countries accredited in El Salvador (GRUJPA) highlighted that now salvadoran diplomacy has opened up to the world. In addition, they explained that as a diplomatic group they plan to promote joint activities.
Sustainable Finance for El Salvador
Today, humanity still faces many challenges to achieve true wellbeing for all, such as climate change, gender gaps, social and governance dynamics.
Best Agroinnova Program Entrepreneurship awarded in San Vicente, El Salvador
The Central American Bank for Economic Integration (CABEI) together with the European Union (EU) and the Government of Germany, through KfW, awarded 26 entrepreneurs, 21 of whom are women, from the department of San Vicente, El Salvador.
El Salvador's first stock market app is already available
The El Salvador Stock Exchange makes available to everyone the Bolsa Móvil app , the first stock market application in El Salvador, where you can learn about the latest movements of the salvadoran stock market.
What is a deposit and the types of deposits in El Salvador?
A deposit is a term used to indicate money kept or retained in any bank account, especially to accumulate interest. The fund used as collateral for the delivery of merchandise may also be referred to as a deposit. Any transaction processed to transfer money to an entity for safekeeping may be called a deposit.
El Salvador received US$675.04 million in remittances in august 2023
Family remittances received by El Salvador totaled US$5,332 million in the period from january to august 2023, according to data published by the Banco Central de Reserva (BCR).
El Salvador receives cooperation of $4.9 million from South Korea for the development of sustainable agriculture
For the implementation of the project “Fortalecimiento de las capacidades de mujeres y jóvenes para la implementación de la Agricultura Climáticamente Inteligente” more than $6 million will be invested, and El Salvador will receive a financial contribution of $4.9 million from the Government of South Korea, cooperation that will be used for the realization of this initiative, to be developed over the next three years, with emphasis on the departments of San Miguel and Usulután.
Deposits in El Salvador grew 5.2% at the end of august 2023
The increase in bank deposits in El Salvador in 2023 reflects a more dynamic economic activity compared to 2022, which demonstrates the confidence of salvadoran depositors.