page_title: San Salvador
section_title: Financial sector
hierarchical_section_title: San Salvador / Economy / Financial sector
caption_attribution_description: Español: Torres del Centro Financiero Gigante San Salvador
context_page_description: San Salvador is the capital and the most populous city of El Salvador and its eponymous department. It is the country's political, cultural, educational and financial center. The Metropolitan Area of San Salvador, which comprises the capital itself and 13 of its municipalities, has a population of 2,404,097.
  As a "beta" global city, San Salvador is also an important financial hub of Central America. The city is home to the Concejo de Ministros de El Salvador, La Asamblea Legislativa, the Corte Suprema de Justicia, and other governmental institutions, as well as the official residence of the president of the Republic. San Salvador is located in the Salvadoran highlands, surrounded by volcanoes and prone to earthquakes. The city is also home to the Catholic Archdiocese, as well as many Protestant branches of Christianity, including Evangelicals, Latter-day Saints, Baptists, and Pentecostals. San Salvador has the second largest Jewish community in Central America and a small Muslim community.
  San Salvador has been the host city for various regional and international sporting, political, and social events.
context_section_description: San Salvador is home to the great majority of corporations in the country, and supports many commercial activities, including food and beverage production; the pharmaceutical and chemical industries; the sale of automobiles, handicrafts, and construction materials; as well as appliance repair. Most national companies have their headquarters in San Salvador, which is also home to regional offices for various transnational entities. Unicomer Group, Almacenes Simán, Grupo Roble, Grupo Real, Excel Automotríz, and Grupo Q all have their central offices in San Salvador. Since the early 2010s there has been a boom in the construction of call centers providing services to national and international companies alike.
  San Salvador lacks a consolidated financial district; this is mainly due to the lack of urban planning that has plagued the city since the aftermath of the Salvadoran Civil War in 1992. Some clusters have formed, however, in an organic manner; today most of the banking and telecommunications are concentrated along the Alameda Manuel Enrique Araujo in District Two. Various business complexes and towers have sprouted in the commercial districts of Colonia Escalón and Colonia San Benito, both in District Three of the Salvadoran capital.
  World Trade Center San Salvador
  The World Trade Center San Salvador is located in District 3 (Colonia Escalón) at Avenida Norte and Calle del Mirador. The World Trade Center offers some of the best office locations in the country: it is interconnected to two hotels (one of which is the Crowne Plaza Hotel), a convention center and a commercial center containing retail shops and restaurants. As of October 2012, the center consists of two towers of 8 levels each, with a total of 13,000 m² (139,931 sq ft) of office space. Since their completion, the first two towers have maintained a 100 percent occupancy rate with multinational companies, embassies, and firms such as Banco Multisectorial de Inversiones (BMI), Ericsson, Continental Airlines, Microsoft, Inter-American Development Bank, and Banco Promérica maintaining offices there.
  Centro Financiero Gigante
  Centro Financiero Gigante is a complex of office buildings consisting of five towers, the highest of which is 77 meters (253 feet) tall and has 19 floors.
  Centro Financiero Gigante is a phased project which began with the construction of the two towers. After several years the number of buildings has increased, and it has become one of the most significant business complexes in San Salvador. The tallest tower is occupied by the Telefónica phone company, the next tallest tower is used by RED Business Communication Systems. The complex also includes the Banco Azteca center, Stream Global Services representing Dell in Central America, The Israeli Embassy of San Salvador, Tigo, call centers, and other small offices and banks. The project started in 1997 with Phase I, the construction of the two tallest towers. In Phase II a seven-story-high tower for the old Dell company in Central America was built, and in Phase III a 12-story-high tower for Tigo and a 10-story-high tower for Telemovil. The final phase was remodeling of the Telemovil building to convert it into the Banco Azteca Center.
  Alameda Manuel Enrique Araujo and Zona Rosa
  Along Alameda Manuel Enrique Araujo there are many businesses, banks, and financial centers, government institutions and museums. These include AFP Confia, the Superior Council of Public Health, the HSBC Central Office, AFP Crecer, the Ministry of Public Works, the Centro Internacional de Feria y Convenciones (International Center of Fairs and Conventions), the Presidential Palace, the Museo Nacional de Antropología David J. Guzman (National Museum of Anthropology), the Banco Promerica Financial Center, the Ministry of Tourism, the Channel 2 & 4 Studio Center, the Channel 6 Studio Center, and the  Centro de Compañía de Alumbrado Eléctrico de San Salvador (CAESS-Centro) or Central Electric Lighting Company of San Salvador.
caption: Centro Financiero Gigante
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