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Bank loans

New Costa Rica Law Guarantees Bank Loans for Companies Affected by Pandemic

The President of Costa Rica signed, this Wednesday, the "Law for the creation of the National Guarantee Fund for the support of companies affected...

Costa Rica obtains $500 million from CAF for fiscal support

Alvarado has called the unemployment rate — recently tallied at 11.3% of the economically active population — as the most serious economic problem in Costa Rica.

Experts: US Fed rate hike will affect most dollar loans in Costa Rica

The U.S. Federal Reserve (Fed) announcement Wednesday of its first interest rate increase in more than nine years is expected to affect mostly interest rates on about 87 percent of Costa Ricans and companies here that took out dollar loans.

Foundation offers $1.3 million in funding for sustainable development projects

The Costa Rican foundation Fundecooperación para Desarrollo Sostenible this week reported they have ₡750 million ($1.3 million) available to finance small- and medium-sized businesses to help improve the quality of life or promote gender equality.

Except for construction, bank loans in Costa Rica increased across the board in 2014

“These numbers show a stable, solid financial system with liquidity that is contributing to the growth of the local economy by providing financial resources to virtually all sectors, both commercial and personal.”

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