HomeArchiveBanco Popular to Restart Consumer, Home Lending

Banco Popular to Restart Consumer, Home Lending

Starting next week, Banco Popular (BNCR) will reactivate consumer and mortgage credit.

This year BNCR plans to inject ¢213 billion (about $387 million) into consumers credit and ¢31 billion (about $56 million) for mortgage credit lines, the daily La Nación reported Wednesday.

These services had been suspended for the last three months due to uncertainty from the international economic crisis, in addition to the restriction on liquidity within the national financial market.

 

Trending Now

El Niño Peak Expected in December With Record-Warm Pacific Waters, WMO Warns

El Niño has not peaked yet. The WMO expects it to keep strengthening until around December as Pacific waters head for record heat.

Costa Rica and El Salvador Sign New Agreement to Fight Organized Crime

Costa Rica and El Salvador have signed a new security agreement aimed at strengthening cooperation against organized crime, as President Laura Fernández moves to...

Costa Rica’s Trash Problem Begins in Our Own Neighborhoods

I was walking up the street toward my house when I saw a young man coming from the other direction casually toss a bit...

Costa Rica Water Outage to Affect 13,000 in Heredia

More than 13,000 people in San Rafael de Heredia are expected to lose water service for six hours today, while crews clean two storage...

Rents in Costa Rica Outpace Inflation Nearly 10 to 1 but Leases Cap the Hit

Rents rose 3.27% in a year while inflation was 0.34%. Here is what the law lets your landlord charge mid-lease and at renewal.

Prosecutors Probe Clearing on Protected Land Beside Montezuma Waterfall

Inspectors found trees cut and a hillside terraced on 6,564 square meters near Montezuma's waterfall, including public heritage land. The criminal case remains open.

Costa Rican Scientists Revive Fish Larvae Research to Protect Fisheries

Costa Rican scientists and marine conservation specialists are working to revive an important field of research that could help protect fish populations and improve...

Your Android Phone May Soon Warn You Before a Costa Rica Earthquake Hits

Google is expanding its Android earthquake alerts to more than 200 countries, and Costa Rica has been reported among them. Here is what to check on your phone, and what to use until the alerts switch on.

Costa Rica Bills Would Keep Kids Off Social Media Until 14 or 15

Costa Rican children younger than 15 could be barred from opening social media accounts under one of two bills now before the Legislative Assembly....
Loading…

Latest News from Costa Rica

Costa Rica Coffee Maker Chorreador
Costa Rica Car Rentals
Costa Rica Travel Insurance
Costa Rica Travel