COSTA RICA NEWS — A press release Tuesday afternoon corrected the government information that the Citibank leaving the country would mean the loss of jobs of 711 people.

Jimenez-ministroThe Ministro de la Presidencia (Chief of Staff), Melvin Jiménez, had said following a cabinet meeting that the announcement by Citibank to leave the retail banking marking next year would mean dismissals in its Costa Rica operations.

The press statement said, “we would to clarify to the media and the general public on the Citibank announcement made to day there will be no layoffs.”

Jiménez added “nor branch closures was announced.”

Stay up to date with the latest stories by signing up to our newsletter, or following us on Facebook.