Displaying items by tag: loans

In El Salvador, the Central American Bank for Economic Integration (CABEI) has supported MYPIMES with more than US$12 million in loans; more than 103 micro and small enterprises have been strengthened with non-refundable resources from Small Grants.

Published in SME
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The Treasury Commission approved, in its working session, two rulings that seek to support the country's development. The first one contemplates an amendment to the 2024 Budget Law to manage resources for the Ministry of Public Works and Transportation, allocating US$5,500,000,000.

Published in Finances

The General Director of Investment and Public Credit of the Ministry of Finance of El Salvador, Marlon Herrera and the deputy director of Budget, Michelle Arce, appeared before the Finance Committee of the Legislative Assembly, to request loans from the Development Bank of Latin America and the Caribbean.

Published in Finances

El Salvador's Ministry of Housing plans to invest $228.1 million in loans during 2024, through different programs included in institutions such as the Fondo Social para la Vivienda (FSV) and the Fondo Nacional de Vivienda Popular (Fonavipo).

Published in Breaking News

Through social networks, the minister of Housing, Michelle Sol, announced that US$823.5 million have been invested in the delivery of credits, deeds, resettlement and housing, in the four and a half years she has been in office.


Published in Finances

This afternoon, the Legislative Assembly approved in plenary section number 138, reforms to the Law for the Creation of the Fondo Solidario para la Familia Microempresaria(FOSOFAMILIA).

Published in Entrepreneurship
Thursday, 20 July 2023 23:06

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.


Published in Finances

The deputies have approved the financing to carry out the Water Sector Resilience Project in El Salvador, as part of a loan between the Ministry of Finance and the International Bank for Reconstruction and Development.

Published in Politics

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.

Published in Finances

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.

Published in Finances
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