BankHeadOffice.com         Bank Head Office Worldwide   ♦ Loan Calculators ♦ Mortgage Guides ♦ Banking FAQs ♦ Banking Institutions ♦ Central Banks Worldwide       Home  »  Central Banks Worldwide  »  Central Reserve Bank of El Salvador Central Reserve Bank of El Salvador 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 of the Reorganization of Central Banking. The Central Reserve Bank of El Salvador was approved, establishing it as a public, autonomous institution of technical character. It stated that fundamental objective of the institution was to protect currency stability, and its essential finality was to promote and maintain most favourable monetary, exchange, credit and financial conditions for national economy stability. Its institutional functions were modernized, eliminating control of the assignment of credit and prohibiting the concession of financing to the State and other public enterprises. It allows the Central Bank to comply in a better way its fundamental purpose of maintaining monetary stability. The core functions of Central Reserve Bank of El Salvador are briefly discussed as follows:  •  Regulation and monitoring of financial system;  •  International Reserves Administration;  •  Payments System and financial services;  •  Financial agent of the State;  •  Exporters services; and  •  Statistics, Projections and Economic and Financial Studies. In achieving the objectives above, Bank of Indonesia are commits itself to providing effective support functions through a sound banking and financial control system, appropriate information system and the development of competent and qualified staff.   Central Reserve Bank of El Salvador HQ Address: Alameda Juan Pablo II y 15 Avenida Norte San Salvador El Salvador Telephone: + 503 2281 8400 Fax: + 503 2281 8011 Website: www.bcr.gob.sv Swift Code: CENRSVSS Currency: US dollar Banking Hours: Monday - Friday : 9.00am - 3.00pm   Central Reserve Bank of El Salvador ensures, through the application of modern management practices and technology, that all its activities are conducted effectively and efficiently. DISCLAIMER The content comes from Internet, reasonable efforts are made to maintain accuracy of information published. However, information could contain errors or inaccuracies and is presented without warranty and statutory means. No liability is assumed for errors or omissions. Viewers are advised to consult their banker or financial consultant for complete information and their professional advise. All trademarks, logos, brand names and copyrights are the property of their respective owners. © 2011 - 2022 BankHeadOffice.com ® All Rights Reserved