The Superintendency of the Financial System (SSF) of El Salvador reported that investment funds, until the end of August 2023, have presented an interannual increase of $107.58 million dollars, or 24.39%, in their assets.
“Investment funds are subject to supervision and regulations, which is why they provide greater transparency and security to investors,” highlighted the SSF. With this increase, these funds, which are mechanisms for collecting a sum of money or other assets subject to supervision by the SSF, reached $548.69 million, which demonstrates the confidence of investors in the regulation and the options presented by the market. national stock market.
On the other hand, the superintendency highlighted that the certainty generated by the Salvadoran financial structure also motivated users to place more money in their bank accounts. Until the eighth month, deposits showed an increase of $912.1 million in the point-to-point comparison (5.2% more).
Investment funds are subject to supervision and regulations, therefore providing greater transparency and security to investors. At the end of August, they recorded an ???? year-on-year growth of US$107.58 million in their assets. pic.twitter.com/r266qewRzZ
— Superintendence of the Financial System (@SSF_ElSalvador) September 16, 2023
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