S&P Global Upgrades El Salvador’s Credit Ratings to ‘B-/B’

The country’s proactive strategy in refinancing short-term debt with local banks and initiating a debt reprofiling scheme contributed to this. Despite this, El Salvador continues to face financial challenges, such as high debt service payments and limited financial options. Comprehensive reforms, fiscal transparency, and financial support from the IMF could lead to further financial stability. Seguir leyendo S&P Global Upgrades El Salvador’s Credit Ratings to ‘B-/B’

Santander Highlights Security Strategy as a Driver of Economic Growth in El Salvador.

El Salvador has recently been recognized for its increasing tourism potential, driven by the government’s achievements in security, according to a recent report titled “An Alternative Growth Model to Reduce Liquidity/Solvency Risks” published by the multinational financial corporation, Santander. Seguir leyendo Santander Highlights Security Strategy as a Driver of Economic Growth in El Salvador.

Investment Funds in El Salvador Grow by 24.39% Until August.

El Salvador’s financial indicators continue their upward trajectory, demonstrating the trust of investors in national regulations and the opportunities within the Salvadoran stock market. According to the Superintendencia del Sistema Financiero (SSF), as of August, both open and closed-end investment funds saw a remarkable year-on-year growth of 24.39% in their assets, equivalent to $107.58 million more than the previous year. Seguir leyendo Investment Funds in El Salvador Grow by 24.39% Until August.

El Salvador’s Central Reserve Bank to Host 2024 Global Policy Forum for Financial Inclusion.

El Salvador’s Central Reserve Bank has been selected as the host for the 2024 Global Policy Forum (GPF) of the Alliance for Financial Inclusion (AFI), reaffirming the nation’s commitment to advancing financial inclusion worldwide. Seguir leyendo El Salvador’s Central Reserve Bank to Host 2024 Global Policy Forum for Financial Inclusion.