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). 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] In 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, "", May 5, 2010
  2. 1 2 Investment Policy Review: El Salvador by United Nations Conference on Trade and Development
  3. ↑
  4. ↑
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