Costa Rica: Banks regulating the opening of new branches

Just as they regulated the placement of credit in the last few months, they are also applying the same policy to the opening of branches for next year.

Tuesday, December 16, 2008

Of the 14 banks operating in the country, 8 announced that they will open a maximum of 56 new branches; 41 of these will be by public banks, which continue to have a aggressive expansion plans.

Private banks are more conservative and link the opening of new branches to the behavior of the economy and business in 2009.

More on this topic

Tender for Construction of Bank Branch for $2 million

June 2012

The Banco Nacional de Costa Rica is putting out to tender the construction of a branch in Tibás, San Jose.

The contract includes demolition of existing facilities and construction of a new building for a branch of Banco Nacional in Tibás Costa Rica, which currently houses the aforementioned offices, with the aim of providing better customer service.

Scotiabank Expands Investment in El Salvador

March 2012

The bank will invest between 5 and 7 million in the opening of 3 new branches this year.

The CEO of Scotiabank El Salvador, Peru's Juan Carlos Garcia Vizcaino, confirmed the new investments in three new branches, the relocation of others and new channels and technology to improve customer service.

New Bancrédito Agencies in Costa Rica

July 2009

Aiming to offer more services to SMEs, "Banco de Crédito Agrícola de Cartago" will open 4 new agencies in rural areas.

On July 29th, they will open an agency in Guápiles, Pococí, on August 5th in Pérez Zeledón, on August 12th in Liberia, Guanacaste, and finally, an agency will open in Ciudad Quesada in November.

Guatemala: Bantrab offers insurance

November 2008

The bank is planning for next year to have its own insurance agency, with 136 branches and to create 1000 small operations points in stores and businesses.

Having its own insurance agency is the next goal of the Workers Bank (Bantrab), which together with its new image and purchase of the assets of the Bank of the Republic, may, based on plans, position the bank as one of the top 5 banks in the next 2 years.

 close (x)

Receive more news about Banking

Suscribe FOR FREE to CentralAmericaDATA EXPRESS.
The most important news of Central America, every day.

Type in your e-mail address:

* Al suscribirse, estará aceptando los terminos y condiciones

Scotiabank de Costa Rica

Organization that operates in Costa Rica.
Phone: (8001) 72 6842

Company Profile

Stock Indexes

(Oct 28)
Dow Jones
S&P 500


(Oct 28)
Brent Crude Oil
Coffee "C"