Displaying items by tag: SSF
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.
FED raises interest rates to 0.75% but SSF affirms that the impact on El Salvador will be targeted
Yesterday the Federal Reserve of the United States (FED), raised interest rates again by 0.75% in its fight against the clock to curb historic levels of inflation.
With Multimoney Smart "your money earns more money"
Multimoney, a brand that belongs to Sociedad de Ahorro y Crédito Gente, has diversified its product portfolio and now offers its clients the possibility to save and earn monthly on their money, obtain lines of credit and invest in Bitcoin using the available in their savings account, all through an App.
SSF and MINEC held meeting on the implementation of the electronic signature
Together with the Ministerio de Economía (MINEC), they held an informative meeting with representatives of financial institutions and associations to discuss the implementation of the Electronic Signature.