Thursday 23 September 2021

Costa Rica: Rise of Bank Credit in 2015

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QCOSTARICA — Bank entities estimate that in 2015 they granted, on average, between 15% and 25% more loans than in 2014.

Although a lower level of uncertainty is expected, the economic and fiscal situation is an element which concerns bankers who predict, nevertheless, growth portfolios similar to those of 2014.

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Elfinancierocr.com reports that “…Bancrédito, Banco Lafise and BCT are the entities which estimated higher growth in their portfolios for 2015, but other banks expected a rise of around 15%. ”

“… Although this amount would be similar to the expectation of growth that was anticipated for this year, estimates of banks are, in most cases, above the 11.2% projected in the revised 2014-2015 Macroeconomic Program of the Central Bank, made in July. ”

Source: elfinancierocr.com

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