Chilean credit rating agency Feller Rate has officially entered the Salvadoran market, with plans to make the country its regional service hub, as announced by the Minister of Economy, María Luisa Hayem, this past Saturday.
“The arrival of Feller Rate in our country to establish its service hub for the region marks a milestone in El Salvador’s transformation process,” Hayem shared on her X account.
Feller Rate’s journey to El Salvador began last March, when the country’s Superintendency of the Financial System (SSF) authorized its operations. The agency, in turn, expressed its enthusiasm for this new venture. “With great joy and pride, we announce that we have been authorized to operate in El Salvador. This is a market that excites us due to its great potential. We are continuing to grow!” the agency posted on its own X account, @feller_ratesv.
According to Feller Rate’s official website, the company’s board in El Salvador includes Álvaro Javier Feller Schleyer as Chairman, Claudio Ricardo Salín Gudenschwager as Secretary, Carolina Cecilia Franco Sepúlveda as Director, and Alejandra Paz Islas Rojas as Alternate Director.
Founded in 1988, Feller Rate has expanded its credit rating services across Latin America, underscoring its commitment to supporting regional financial markets.