Costa Rica: Reforms to SME Financing Mechanism
Reforms are planned to the "Sistema de Banca para Desarrollo" (SBD) "banking toll fee" arrangement with the introduction of a fixed payment.
Monday, August 16, 2010
In addition, the concept of differentiated regulation will be introduced and the role of Costa Rica's national learning institute (INA in Spanish) in carrying out business training will be clarified.
The Development Bank of El Salvador’s imminent start of operations may be the long awaited solution to the lack of credit for productive activities.
The Overseas Private Investment Corporation (OPIC) approved funding to Lafise Bank in order to support small and medium enterprises (SMEs) in the region.
The Development Bank of El Salvador has received about 700 investment prospects recently and is preparing to grant loans starting from this May.
The bill would request the transfer of a mandatory 5% of state and private bank profits to the Development Bank System.
- Daily Update
- Government Purchases
- Classified Ads
- Indexes & Statistics
- Press Releases
- Events Calendar