[Opinion] Commission Supports Removal of Barriers for New Competitors in the Banking Sector - La Noticia Sv
2 Articles
2 Articles
Thanks indicated that the repeal does not change the eligibility requirements for shareholders, which will continue to be regulated in articles 11 and 12 of the regulations. EL SALVADOR.- The deputies of the Committee on Technology, Tourism and Investment issued a favourable opinion to the initiative to repeal article 10 of the Law on Banks, regulations in force since 1999. During the study, the superintendent of the Financial System, Evelyn Mar…
In order to promote financial competition, meet investment needs and facilitate new sources of access to credit for the population, the deputies of the Committee on Technology, Tourism and Investment of the Legislative Assembly issued an opinion in favour of repealing article 10 of the Banks Act, issued in 1999. The Ministry of Economy requested to repeal this article to remove barriers that hinder the entry of new competitors into the market, s…
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