National Bank of Costa Rica to offer leasing
It will be the first state bank to offer this service, which consists of renting an asset (machinery, computer equipment or vehicle) to a company or person for a set time at a set price.
Wednesday, December 17, 2008
Leasing is growing as an ideal financial instrument to dispossess of assets while incurring lower costs and obtaining financial benefits.
Costa Rica's Banco Nacional has ordered more than 13,000 point of sale (POS) fixed and mobile terminals from Hypercom Corporation.
Investment in leasing or lease-purchases totals $254 million and growing.
Effective February 15 the bank will reduce its interest rate for housing loans lower than $89.000 (¢50 million) by 2 percentage points.
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