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The Central Reserve Bank of El Salvador ( Spanish: Banco Central de El Salvador) is the central bank of El Salvador, which controls the currency rate and regulates certain economic activities within El Salvador. The bank was originally privately owned, but was brought under state control through The Law on the Reorganization of Central Banking.
Banco Comercial Português (BCP, lit. ' Portuguese Commercial Bank ' ) is a Portuguese bank that was founded in 1985 and is the largest private bank in the country. BCP is a member of the Euronext 100 stock index and its current chief executive officer is Miguel Maya Dias Pinheiro.
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Exports in 1999 grew 1.9% while imports grew 3%, narrowing El Salvador's trade deficit. As in the previous year, the large trade deficit was offset by foreign aid and family remittances. Remittances are increasing at an annual rate of 6.5%, and an estimated $1.35 billion will enter the national economy during 1999.
Online banking, also known as internet banking, virtual banking, web banking or home banking, is a system that enables customers of a bank or other financial institution to conduct a range of financial transactions through the financial institution's website or mobile app. Since the early 2000s this has become the most common way that customers ...
BAC HOLDING CORP. Website. www.baccredomatic.com. BAC Credomatic is a financial group in Central America, with operations in Guatemala, El Salvador, Honduras, Nicaragua (where it was founded and former headquarters in the city of Managua ), Costa Rica (current headquarters), Panama, Grand Cayman, The Bahamas, and the United States .
The Terrorism Confinement Center ( Spanish: Centro de Confinamiento del Terrorismo, abbreviated and commonly referred to as CECOT) is a maximum security prison located in Tecoluca, El Salvador. The prison was built from July 2022 to January 2023 amidst a large-scale gang crackdown in El Salvador. CECOT was opened by the Salvadoran government in ...
These included the Banco Agricola Comercial, the Banco de Ahuachapam, the Banco de Centro America y Londres, the Banco Industrial del Salvador, the Banco Internacional del Salvador, the Banco Nacional del Salvador, the Banco Occidental and the Banco Salvadoreño. Notes were issued in denominations of 1, 2, 5, 10, 25, 50, 100 and 500 pesos.