Credit available at Costa Rican state banks
After being capitalized, the three state banks - Bank of Costa Rica, The National Bank and Bancredito - reactivated all their lines of credit.
Thursday, January 15, 2009
Nacion.com reports: "The Bank of Costa Rica has issued some $14 million (¢8 billion colones) since December 23.
The government will transfer $17.5 million to Agricultural Credit Bank of Cartago (Bancredito) as part of a plan to provide capital for State banks.
Costa Rica's Banco Nacional and Banco de Costa Rica have unified their computer networks to improve client services.
Bancredito signed a deal with the BBVA Foundation to offer microcredit in Costa Rica
Aiming to offer more services to SMEs, "Banco de Crédito Agrícola de Cartago" will open 4 new agencies in rural areas.
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