Bansol Bank to Begin Operations in Costa Rica

On the first of November Bansol became the 17th bank in the country.

Wednesday, November 10, 2010

The new bank will operate almost 100% electronically.

Few branches, small and without ATMs, were the words of its CEO Carlos Fernandez.

"The accounts opened will be linked automatically to the Integrated Electronic Payment System (IPNS) in order to facilitate the process of transferring to any destination within the domestic financial system," writes

More on this topic

Bansol, New Bank in Costa Rica

October 2010

Financiera Acobo is to obtain a banking license and become Banco de las Soluciones (Bansol).

The authorization was granted by the National Financial System Supervision (CONASSIF), making Bansol the tenth commercial bank operating in Costa Rica.

Alberto Dent, president of CONASSIF, told, " we just need for the Superintendent of Financial Institutions (Sugef) to issue a certificate to the effect that the new entity meets all requirements and regulations (including minimum capital) so they can begin to operate as a bank."

Grupo Ficohsa Expands to Guatemala

March 2012

The Honduran bank has received approval from the Guatemalan Superintendency of Banks to provide services from April.

The financial group Ficohsa can use its brand for transactions and banking services in Guatemala from next April, authorized by the Guatemalan Superintendency of Banks.

New Bank to open in Costa Rica

February 2009

Financiera Acobo (a financial company) is completing the steps required by Sugef to authorize the opening of the new Bank "Banco de Soluciones" (Bansol) ("Solutions Bank").

Mercedes Agüero writes in “The Finance Manager, Carlos Fernández, said the bank has $12.4 million (¢7 billion) in capital available to obtain a banking license, which is more than the required amount.

El Salvador: New Bank Requests License

July 2013

Banco Azul, which is to join the 10 other privately owned banks, is characterized by having Salvadorans shareholders.

The Superintendency of the Financial System is considering the application of a Salvadoran entity which, if there are no objections, will proceed to incorporate the company Banco Azul de El Salvador S.A. in August.

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Cordero & Cordero Abogados

A General Practice law firm which specializes in Business and Commercial Law as well as Foreign Investment in Costa Rica. Our firm originally established in 1940, currently operates offices in San José and Guanacaste
Operates in Costa Rica
Phone: (506) 2258 2525

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