Costa Rica: $ 788 million for Housing Loans

State banks will allocate $ 788 million through programs for all social strata.

Friday, January 14, 2011

Banco de Costa Rica (BCR), Banco Nacional and Bancrédito, have placed more than 20% of their portfolios in this area.

In the case of Banco Nacional, the institution will provide $ 535 million of which $ 347 million will be targeted for families with low and middle income. adds: “BCR will offer $ 240 million for housing.”

More on this topic

Costa Rica: Figures on Housing Loans

September 2016

38% of total bank lending corresponds to housing construction, while 35% is used for buying new homes.

Data from the housing loan portfolio in the domestic financial system shows that the proportion of loans requested by Costa Ricans to build their homes is higher than loans used to buy existing homes.

$160 Million for Housing Bonds

January 2013

The Housing Mortgage Bank of Costa Rica has approved $160 million for some 10,000 family housing bonds.

Of the total budgeted resources, about $64 million will be used to serve families in dire need, victims of emergencies, the permanently disabled and the elderly, said a statement from the entity.

Credit for Homes in Costa Rica Decreases

January 2012

The four state-owned banks intend to lend $682 million in housing in 2012, 20% less than last year.

Publicly owned banks (National, Costa Rica, Bancrédito and Popular) have set a goal of granting ¢351,000 million ($682 million) in housing loans during the course of 2012, reported

El Salvador: $103 million in Credit for House Purchases

January 2012

The Social Housing Fund (FSV in Spanish) plans to invest about $103 million in 2012 in some 6,300 loans, favoring the demand for new housing.

A FSV press release states:

The Social Housing Fund has significantly exceeded the lending figures in 2011 compared with the previous year, it is estimated that the increase will be about 14.5% in number and 8% in value compared to 2010.

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