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.

At Bancredito, Arnoldo Trejos, Commercial sub manager, reported that they are currently formalizing the requests that were accumulated during the last few months of 2008.

William Hayden, general manager of the National Bank, said that, after capitalization, they have made some $8 million available for credit."

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