Monday 5 December 2022

US$90 Million for Banking Sector

CABEI granted a loan that will be assigned to the country's state banks, resources that will be used to support the productive sectors in the context of the national emergency.

Paying the bills

Latest

The 100 best companies and leaders in Costa Rica in reputation according to Merco

QCOSTARICA - Dos Pinos, Florida Ice and Farm (FIFCO),...

Remember today’s holiday is non-compulsory payment

QCOSTARICA - This Monday is the last long-weekend holiday...

Two hopes crushed in one game at Qatar World Cup group stage

QCOSTARICA - A thrilling Thursday in Qatar has brought...

Political abandonment condemns farmers to ruin and pushes them to extinction

QCOSTARICA (Semanario Universidad) The end of 2022 leaves the...

Cuba’s Informal Market Finds New Space on Growing Internet

Q24N (VOA) Havana — In the Telegram group chat, the...

Lagoon Dries Up as Drought Grips Peru’s Southern Andes

Q24N (VOA) From her home under the baking sun...

How to Choose Hotel for Your Next Trip

Choosing the right hotel isn’t a piece of cake,...

Dollar Exchange

¢601.14 Buy

¢609.83 Sell

3 December 2022 - At The Banks - BCCR

Paying the bills

Share

QCOSTARICA – With the aim of strengthening the liquidity of Costa Rica’s state banks in the face of the national emergency caused by the covid-19 pandemic, the Central American Bank for Economic Integration (CABEI) authorized the disbursement of US$50 million for the Banco Nacional de Costa Rica (BNCR) and US$40 million for the Banco de Costa Rica (BCR), reported the international organization.

The CABEI (Banco Centroamericano de Integración Económica: BCIE in Spanish) statement said that “… the attention of the state banks was a priority and that they should provide assistance to the industrial, agricultural and service sectors that are being affected by the global emergency.”

- Advertisement -

According to an interactive report prepared by CentralAmericaData, the impact of the Covid-19 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.

- Advertisement -
Paying the bills
Avatar photo
Q Costa Rica
Reports by QCR staff

Related Articles

Government revokes bill to sell the BCR

QCOSTARICA - The Minister of Finance, Nogui Acosta, confirmed that the...

Government contradicts BCR manager on sale of bank

QCOSTARICA - "This is the right time to do it," is...

Subscribe to our stories

To be updated with all the latest news, offers and special announcements.