El Salvador: Agricultural Bank starts alliance with AES
AES clients can now pay their electricity bills using automatic charge to their cards and accounts at the financial institution.
Monday, November 24, 2008
For Ernesto Magaña, manager of cards at the Agricultural Bank, the services provides many benefits to customers, since the automatic charge does not carry any additional charges and at the same time they accumulate Megamiles when the pay with their credit cards and ChequeMax cards.
After the first tender was declared void, the Ministry of Economy will convene a new bidding process to hire the service of payments for propane gas subsidies.
The AES Group, through an investment of $ 4 million, plans to offer energy storage services.
Convenience stores, grocery stores and small suppliers are planning to add new services in order to keep customers from heading over to the competition from large chain stores.
Fitch Ratings has downgraded AES El Salvador Trust's foreign and local currency Issuer Default Ratings (IDRs) to 'BB' from 'BB+'.
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