Alliance to Capture Remittances to El SalvadorFedecrédito joins Wells Fargo in order to capture a greater market share of remittances between the U.S. and the Central American nation.Wednesday, February 22, 2012
"We believe that our Salvadoran population living abroad, will appreciate having adequate access to services, enabling them to send money home quickly and safely, with a network of branches with a presence nationwide", said Macario Armando Rosales Rosa , president of Fedecrédito. Source: elsalvador.com ¿Busca soluciones de inteligencia comercial para su empresa?$200 million Available for SMEsMay 2012 Fedecrédito is looking to grant $236 million more in 2012 than last year in order to expand its credit supply in El Salvador. Shrimp Companies Team Up in El SalvadorMarch 2012 In light of a decline in this activity, businesses have come together to form the Shrimp Producers Association of El Salvador in order to obtain economic and financial support.
Remittances for $13.06 billion to Central America in 2011March 2012 By country: Guatemala $4.37 billion; El Salvador $3.65 billion; Honduras $2.86 billion; Nicaragua $1.05 billion; Panama $592 millions; Costa Rica $530 millions. El Salvador: $30 Million for FedecréditoJune 2010 The International Financial Corporation, part of the World Bank, will loan $30 million to Fedecrédito, for it to extend its loans to micro companies.
×
ok |
|