Credit in Costa Rica: Interest Rate ReductionsIn order to help cooperatives, cope with the emergency caused by the spread of covid-19, the National Institute for Cooperative Development agreed to reduce the interest rate on loans.Wednesday, March 18, 2020
This decision was taken to support the cooperative sector, especially the agricultural sector, which has been suffering from a variety of effects. The authorities also hope to make a significant contribution to the country, in the context of the current epidemiological situation, reported the National Institute for Cooperative Development (INFOCOOP).
How and how much will my company be affected? How much will the decrease in consumption impact my activity? How much could the demand for my products and services fall in the medium term? Which sectors are most at risk of registering significant falls in their sales? How many of my clients and suppliers could face problems? Interactive report with online access. Delivery in 24 hours. Contact UsNeed assistance? Contact us
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Banco Nacional de Costa Rica Extends Credit for Covid-19June 2020 The coronavirus has left an economic impact in several countries. For this reason, some governments are developing exceptional measures to mitigate its effects. For example, the suspension of tax and mortgage payments to lessen the economic pressure on small businesses and households. Loans in Panama: 90-day MoratoriumApril 2020 In the third debate, the National Assembly approved a bill that grants debtors a 90-day extension of time for payment of credits granted by banking, cooperative and financial institutions. Covid-19: Outlook for the Financial SectorMarch 2020 The impact of the coronavirus crisis on the financial sector in Central America is expected to be felt mainly in services related to stock brokerage and investment advice, where a drop is expected. How to Maintain the Employment Level?March 2020 The partial suspension of employment contracts and social security payments are some of the proposals made by employers in Costa Rica to maintain employment levels in the face of the spread of the Covid-19.
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