Bitcoin is now legal tender in the Central American nation, but banks are keen to keep cryptocurrency off their balance sheets.
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Latest articles from El Salvador
World
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El Salvador’s bold bitcoin experiment yet to convince banks
October 15, 2021
World
/ Americas
/ El Salvador
El Salvador’s banks wait for details on bitcoin adoption
June 15, 2021As the cryptocurrency is made legal tender, questions remain on regulation and links with the financial system.
World
/ Americas
/ El Salvador
Top 100 Central American Banks: Foreign-owned banks tap into Panama’s growth
March 1, 2016Panama retains its position as one of the best markets for banking in Central America, but success stories can also be found in Nicaragua and Guatemala.
World
/ Americas
/ El Salvador
Top 200 Latin American banks ranking 2015: Argentina and Brazil press on in hard times
November 2, 2015The Banker’s Top 200 Latin American banks ranking for 2014 sees Brazilian institutions stay on top, while Argentina maintains its status as most profitable, despite mounting challenges.
World
/ Americas
/ El Salvador
Top 100 Central American banks ranking: Colombian-owned banks loosen their grip
March 1, 2015While BAC Panama remained in top position, other Colombian-owned lenders fared less well in the Top 100 Central American Banks ranking, leaving the way open for Panamanian, Costa Rican and Guatemalan banks to make up ground.
World
/ Americas
/ El Salvador
Top 100 Central American banks: Panama maintains its lead
February 27, 2013While Panama's banks held their lead as the biggest banks in Central America, Nicaragua steamed ahead in terms of return on capital and return on assets.
World
/ Americas
/ El Salvador
Are CEE bank foreign ownership risks exaggerated?
November 8, 2011
Banking sectors in central and eastern Europe have some of the highest foreign ownership rates in the world, but risks from eurozone parents could be curtailed by deleveraging since 2008.
World
/ Americas
/ El Salvador
Latin America leads the profits league
November 1, 2011Latin American banks show the highest returns of any region in the world, but there are some sharp variations within the region.
World
/ Americas
/ El Salvador
Winners and Losers in LATAM
June 4, 2009Some of the multilateral development banks in the Latin Americas region are proving stellar sources of funding at this time of crisis, although others are lagging behind with depleted reserves. Writer Jane Monahan
World
/ Americas
/ El Salvador
El Salvador central bankers pull rank
July 3, 2006Sometimes, however, it is not the US authorities that give central American banks a hard time, it is their own authorities. El Salvadorean banks are miffed because the investment reserves they deposit at the central bank are outsourced to international investment banks to manage.
