Displaying items by tag: Savings accounts

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.

Now entrepreneurs, sectors, young people and salvadorans abroad can access formal banking, with the ruling in favor of the reforms to the Law to Facilitate Financial Inclusion, this was announced by the deputy of Nuevas Ideas, Aronette Mencia.

Now it will be easier to open a savings account, said Congresswoman Aronette Mencia, with the possible reforms to the Law to Facilitate Financial Inclusion, salvadorans will be able to open their deposit accounts with ZERO amount.

The Superintendencia del Sistema Financiero (SSF), indicates through its Twitter account that savings accounts showed a growth of US$637.2 million compared to the same period last year, as a positive indicator of the soundness of banking in the country.