Salvadoran stock exchange analyzes financial crisis
The global financial crisis and its implications for El Salvador are topics that will be analyzed by Rolando Durate Schlageter, president of the Stock Exchange, on Wednesday 15 October.
Tuesday, October 14, 2008
The theme of the conference by Duarte will be "The international financial crisis and its implication for El Salvador," and will be held at the Campestre Club at 7:00 a.m.
The president of the El Salvador Stock Exchange explained his vision about the financial crisis in the US and its root causes: lack of efficient supervision.
The Lehman Brothers bankruptcy will not directly affect the Salvadoran financial and stock market, but analysts point to effects on the macro-economy.
The BVES anticipates $100 million of securitization processes in 2012, nearly triple the $39 million securitized in 2011.
Local companies are interested in learning how the stock market works, seeking an alternative to finance their production projects.
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