Central Reserve Bank of El Salvador
Monetary Authority of El Salvador / From Wikipedia, the free encyclopedia
Dear Wikiwand AI, let's keep it short by simply answering these key questions:
Can you list the top facts and stats about Central Reserve Bank of El Salvador?
Summarize this article for a 10 year old
The Central Reserve Bank of El Salvador (Spanish: Banco Central de El Salvador) is the central bank of El Salvador, which controls the currency rate and regulates certain economic activities within El Salvador. The bank was originally privately owned, but was brought under state control through The Law on the Reorganization of Central Banking.
Headquarters | San Salvador |
---|---|
Established | 19 June 1934; 89 years ago (1934-06-19) |
Ownership | 100% state ownership[1] |
President | Douglas RodrÃguez Fuentes |
Central bank of | El Salvador |
Currency | none |
Reserves | US$3.57 billion (2017)[2] |
Website | www |
The bank is active in developing financial inclusion policy and is a member of the Alliance for Financial Inclusion.[3] In 2013, the bank made a joint Maya Declaration Commitment[4] with the Superintendencia del Sistema Financiero of El Salvador to carry out a series of concrete and measurable actions.[5]