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Central Reserve Bank of El Salvador

 

Central Reserve Bank of El Salvador Logo

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 Location Map

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.
 

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