Multivalores set to open in El Salvador

Nicaraguan financial company Multivalores is set to begin operations in El Salvador this year, said Ricardo Perdomo, El Salvador's financial superintendent.

Multivalores is one of two companies, the other being Salvadoran firm Banco Azul, that are close to getting their operation licences, Perdomo said.

He added that there are two more companies, one from the U.S. and another a Central American multinational, that have shown interest in expanding to El Salvador.

Source (in Spanish): El Salvador