Lidia Mamani reports for Pagina Siete: IT IS THE SECOND REGULATION OF THE FINANCIAL SERVICES ACT Government will define the rates that banks pay savers The standard will set new passive rates for people who have savings and term deposits (DPF), which are currently set by the authorities. Government will define passive interest rates that…
Tag: savings
BancoSol taught how to save to more than 16,000 school children
Pagina Siete reports something that is very useful for our children! BancoSol taught to save more than 16,000 school children Financial education of BancoSol program trained more than 16,000 school children in the cities of La Paz, El Alto, Cochabamba and Santa Cruz, with which several months before the end of the school year exceeded…
Bolivian banking system 101: is it profitable to save? do we have an alternative?
An interesting and clear economic analysis by Karina Moreno Sainz in El Deber: How much banks pay savers? Saving is the act by which a part of the possible present consumption is waived in order to achieve an increase of future consumption. This sacrifice requires compensation, which comes to be passive interest rate, sometimes, more…
Are your savings (remittances) safe? Is the TIPNIS safe? Is ‘evo cumple’ safe?
Today I want to share three main issues that we must be aware of: Remittances – Savings: Most Bolivians working abroad, do have a serious commitment, to send their income to their families back home. To cover loans, build up a house and for daily expenses. Hard labor, working stressed with the phantom of deportation,…
Despite all, remittances grew by 11%, thanks to Bolivians abroad!
This is from today’s Pagina Siete: In the first ten months of the year, remittances received by relatives of residents abroad grew by 11%, compared to similar period of 2010, according to data of the Central Bank of Bolivia (BCB).Until October they reached $853,9 million dollars, while in countries such as Spain there is an…
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