Credit for Companies is Reduced in Costa RicaIn the last three years there has been a decline in the amount of credit granted to private companies for purchasing property, land and construction of buildings.Tuesday, December 2, 2014
In September 2014, on average, 834 transactions were formalized between banks and other financial companies, representing a decrease of 28% compared to the same month in 2013. The downward trend in granting of loans for these purposes has been observed since early 2012. Source: Nacion.com ¿Busca soluciones de inteligencia comercial para su empresa?Interest Rate Cap OppositionNovember 2018 The Costa Rican banking sector opposes such a measure, arguing that imposing an upper cap on interest rates on bank loans would cause informality in the credit market. Private Sector Credit is Slowing DownJune 2018 Up to February 2018, the growth rate of bank loans for trade, services, consumption and housing activities decreased considerably compared to the same period last year. Costa Rica: Stats on Credit to Businesses in 2014February 2015 With the exception of construction, in 2014 all productive sectors requested more credit from the banking system than they did in the previous year. Housing Loans Up 21% in Costa RicaDecember 2014 Between October 2013 and September 2014 the average number of home loans given out per month was 2,659, 21% more than in the same period in 2012/2013.
×
ok |
|