Costa Rican State Banking Profits DecreaseIn the first quarter of 2009 state bank profits fell by 25% when compared to the same period in 2008.Friday, April 24, 2009
According to the Superintendent of Financial Institutions (SUGEF), the opposite happened with private banks, which increased their profits by 12% over the same period. Source: Nacion.com ¿Busca soluciones de inteligencia comercial para su empresa?More than Just the Pink Color in Women's BankingDecember 2015 The criticism attracted by the latest "commercial" venture by the State Bank of Costa Rica should not stick to just the surface of the fairytale castle and pink marketing campaign, but should go to the heart of the concept of state banks, which today have degenerated into simple banking institutions with commercial privileges. Bankers Who Don't Understand their Business?October 2012 The presidents of Costa Rican state banks said they "do not know why they are paying higher fees" than those paid by private banks. Best Savings Rates are in Public BanksJune 2012 Public banks in Costa Rica are competing with the state, paying almost 10% interest in order to raise funds in local currency. $117.5 million for the state financial sector in Costa RicaNovember 2008 The initiative proposed by president Oscar Arias seeks to strengthen the sector and shield it from the global crisis.
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