Salvadoran Stock Exchange

The Salvadoran Stock Exchange, Bolsa de Valores de El Salvador (BVES) is the stock exchange in the nation of El Salvador.[1] The exchange is used for the securitization of various government infrastructure projects. The exchange was established in 1992.[2] It is overseen by Central Securities Depository (CEDEVAL).

Salvadoran Stock Exchange
Bolsa de Valores de El Salvador
TypeStock exchange
LocationSan Salvador, El Salvador
FoundedApril 27, 1992 (1992-04-27)
OwnerCentral Securities Depository (CEDEVAL)
Key peopleRolando Duarte, (CEO)
CurrencyUnited States dollar (USD)
No. of listings34
Websitewww.bolsadevalores.com.sv

The market grew from handling U.S. $600 million initially to more than U.S. $3 billion by 2006 and almost $6 billion by the end of 2011.[3] Rolando Duarte was chief of the BVES as of 2013.[4] As of 2009, there were 34 companies trading on the exchange, the vast majority in finance or insurance businesses.[2]

References

  1. Bolsa de Valores de El Salvador, Bolsa de Valores de El Salvador official website, May 5, 2010, ""Archived copy". Archived from the original on 2011-03-01. Retrieved 2010-05-05.CS1 maint: archived copy as title (link)", May 5, 2010
  2. Investment Policy Review: El Salvador by United Nations Conference on Trade and Development. United Nations. 2010.
  3. "Salvadoran Stock Exchange is Smoldering, Growing 40% Last year". Tropical Daily. February 6, 2012.
  4. "Financing Works Through the Stock Exchange". Central American Data. November 14, 2013.
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