españolCosta Rica to Invite Tenders for Street SignsMonday, July 19, 2010 The country's capital, San Jose, is looking to invest $1.2 million in the purchase of 16,000 signs. The investment will be financed equally by Banco Nacional and Banco de Costa Rica. Costa Rica's state-owned banks raise rates for creditsWednesday, May 14, 2008 State-owned banks in Costa Rica raised lending rates in colons by 1-1.5 percentage points in the last week of April and by half a percentage point for credits in dollars, according to central bank statistics. Private-sector banks, meanwhile, have kept their lending rates steady. Banesco Announces Operations in Costa RicaMonday, October 3, 2011 The Venezuelan bank’s participation in the Costa Rican market will be marked by flexibility and adaptability to local characteristics. Representatives from local banks, in the face of entry of a new competitor, agreed that this will stimulate the segment of medium-sized banks. National Bank of Costa Rica to offer leasingWednesday, December 17, 2008 It will be the first state bank to offer this service, which consists of renting an asset (machinery, computer equipment or vehicle) to a company or person for a set time at a set price. This will be possible because of the Banking System Law for Development that was approved in November, allowing public banks to carry out financial and operational leasing. Banco Nacional de Costa Rica introduces “Cashback”Friday, May 13, 2011 The bank aims to improve the efficiency of its services and reduce lines in its branches by extending its payment network, among other measures. In addition to using debit cards to pay for public and private services in various stores, including supermarkets, customers of BNCR now have the ability to withdraw cash (cashback) in those outlets. Costa Rica: State Owned Banks Earn 28% LessTuesday, January 5, 2010 From January to November 2009, earnings at state banks reached $125 million, 28.4% less than the same period of 2008. Banks blame the economic crisis, which caused a sharp contraction in credit. Costa Rica: Banks expedite procedures for the sale of insuranceFriday, January 30, 2009 In February, the period for banks to get authorization from the Insurance Superintendence to continue selling insurance policies will end. According to the new Insurance Law, as reported by Nacion.com: "Banks have to set up a company exclusively for the sale of insurance, and it has to be accredited with the Superintendence. Costa Rica: State Bank Profits FallThursday, February 1, 2018 In 2017, profits of Banco de Costa Rica fell by 30% compared to 2016, and those of the Banco Nacional fell by 22% in the same period. The reduction in profits was due to a decrease in the margin of financial intermediation, due to an increase in interest rates in both dollars and colones, as explained by the authorities of the entities to Nacion.com. Costa Rica: Bancredito and Banco Nacional Banks integrate servicesMonday, October 13, 2008 Bancredito and Banco Nacional banks will integrate their technology plataforms. This will allow customers to share the same ATM's, change checks and make deposits at any of the branches of said banks. Banco Nacional bank is already sharing its platforms with the Bank of Costa Rica (BCR); this new accord with Bancredito will allow for the integration of the three State banks. Costa Rican banks join forces to boost client servicesTuesday, May 27, 2008 Costa Rica's Banco Nacional and Banco de Costa Rica have unified their computer networks to improve client services. The banks' two million clients generate transactions of about 10 billion colons (some US$20 million) a month. Now cash and checks deposited at either institution will be instantly reflected in accounts of the other, with having to wait for clearance. Costa Rica speeds up plans to capitalize banksFriday, November 7, 2008 The decision by Government to inject capital into State owned banks, Banco Costa Rica and Banco Nacional should be ready by mid next week. Its was confirmed by the Minister to the Presidency, Rodolfo Arias, who analyzed the topic in an extended session of the Economic Council that took place yesterday at Casa Presidencial. US$50 million boost for Costa Rica's distance-learning universityTuesday, June 10, 2008 Costa Rica's State Distance-Learning University, Uned, is going to finance construction of three new buildings through a bond issue managed by Banco Nacional. The issue is expected to provide Uned with some UD$ 50 million for its expansion projects. "Foster Our Own" Program Finances Viable ProjectsWednesday, July 29, 2009 Costa Rica Development Banking System will finance SMEs productive projects in up to $110.000. Small and medium businesses with viable projects will be able to request financing from state owned banks "Banco Nacional", "Banco de Costa Rica", "Banco Popular" and "Banco Nacional de Costa Rica". Costa Rican Banks now Offer Digital CardsMonday, February 8, 2010 The Central Bank authorized several banks to offer these services: Popular, Nacional, de Costa Rica, BCT and BAC San José. These cards enable users to participate in the wholesale dollar market, plus giving them a more secure way to perform banking transactions online. Credit for Homes in Costa Rica DecreasesFriday, January 13, 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 Nacion.com. |
|
Friday, January 15, 2021 - last update: 5:54 pm
|
|
2017
×
![]()