The financing was made under the modality of disbursement of global line of credit, intended for working capital and boosting Costa Rican productive sectors, informed a source of the executive.

From the Presidency of Costa Rica statement:

February 19, 2019. The Central American Bank for Economic Integration (CABEI) and the Banco de Costa Rica (BCR) signed on Friday 15 February a transaction for 100 million dollars under the modality of disbursement of global credit line, intended for working capital and boosting productive sectors in Costa Rica.

These resources (more than ¢60,000 million) will be used by the BCR to finance operations of micro and SME's, business clients in the industrial, agricultural and cooperative sectors, in addition to a housing component.

Read full statement.

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