Banco de Costa Rica, the second-largest bank by assets, increased allowances for loan losses by 28% year-on-year in 2020.
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Latest articles from Costa Rica
World
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Can Costa Rica tackle its debt problems?
July 21, 2020President Alvarado hopes package of cuts will help put country on a more secure economic footing.
World
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/ Costa Rica
Top 100 Central American Banks: Foreign-owned banks tap into Panama’s growth
March 1, 2016Panama retains its position as one of the best markets for banking in Central America, but success stories can also be found in Nicaragua and Guatemala.
World
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/ Costa Rica
Top 200 Latin American banks ranking 2015: Argentina and Brazil press on in hard times
November 2, 2015The Banker’s Top 200 Latin American banks ranking for 2014 sees Brazilian institutions stay on top, while Argentina maintains its status as most profitable, despite mounting challenges.
World
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/ Costa Rica
Top 100 Central American banks ranking: Colombian-owned banks loosen their grip
March 1, 2015While BAC Panama remained in top position, other Colombian-owned lenders fared less well in the Top 100 Central American Banks ranking, leaving the way open for Panamanian, Costa Rican and Guatemalan banks to make up ground.
World
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/ Costa Rica
Top 100 Central American banks: Panama maintains its lead
February 27, 2013While Panama's banks held their lead as the biggest banks in Central America, Nicaragua steamed ahead in terms of return on capital and return on assets.
World
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/ Costa Rica
Incomers incite fight for clients
March 4, 2008As foreign players enter the market, John Rumsey in San José asks how much competition is healthy for Costa Rica’s banks?
World
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/ Costa Rica
Opposition stalls Costa Rica’s economic reforms
November 4, 2004
Can Costa Rica – traditionally stable compared with its central American neighbours – preserve its tradition of consensus building and move ahead with liberal economic reforms? Jane Monahan reports.
The question mark over Costa Rica’s economic future came into sharp focus when the finance minister, Alberto Dent, resigned on September 3, at a time of mounting opposition to his package of economic reforms.
World
/ Americas
/ Costa Rica
Costa Rica leads the pack in 2002 trade rankings for Latin America
March 3, 2004This month, The Banker publishes its first ranking of trade conditions for Latin America based on 2002 data.
