Q COSTA RICA — The Banco Popular y de Desarrollo Comunal (BP) announced the successful deposit of more than US$5.8 million and ¢52 billion colones to more than 5,500 savers who held amounts exceeding ¢6 million colones, following the closure of the Coopeservidores savings and loan.
This action is part of the recovery strategy initiated after the cooperative’s intervention.
The funds were credited to more than 7,000 deposits previously authorized by Banco Popular, following the schedule announced on June 10 and authorized by the Consejo Nacional de Supervisión del Sistema Financiero (CONASSIF) – National Council for the Supervision of the Financial System.
Read more: Coopeservidores is officially declared “unviable”
According to official data, this transfer has recovered at least 63.44% of the original balance corresponding to unsecured deposits.
“This new stage of the process reaffirms our commitment to financial stability and to those who trusted the system. We have acted efficiently and professionally to support thousands of individuals, families, and organizations,” stated Gina Carvajal, General Manager of Banco Popular.
Banco Popular deposita más de 5,8 millones de dólares y 52 mil millones de colones a ahorrantes de Coopeservidores. Gina Carvajal, Gerente General del Banco Popular lo explica pic.twitter.com/UE69MTC03C
— Esteban Arrieta (@estarrar) June 20, 2025
Since assuming a significant portion of Coopeservidores’ portfolio in 2024, Banco Popular has established itself as a pillar of stabilization in the Costa Rican financial system. The operation, which exceeds ¢451 billion colones, has already benefited more than 170,000 people across the country, under coordinated management.
In addition to disbursements, the Bank maintains an active financial education and support program for affected clients, as well as credit readjustment options with a social focus.