More than half of Costa Rican adults — 62 percent — own a debit or credit card but most of them still prefer to use cash for…
We can all agree that anything that contributes a third of a country’s gross domestic product is fairly important, right? According to the Ministry of the Economy…
Members of the Legislative Assembly's Commission on Public Income and Expenditures on Monday scrutinized the manner in which state-owned Banco de Costa Rica (BCR) appointed its current…
A cache of secret bank files shows that HSBC's Swiss banking arm helped wealthy customers avoid taxes and hide millions of dollars, according to a report by…
Costa Rican banks last year registered positive numbers for all but one of their credit options available to both personal and commercial loan portfolios. Loans for the construction sector registered a decrease, the Costa Rican…
Vice President and Finance Minister Helio Fallas announced on Tuesday that the government will conduct an evaluation of all salary incentives and policies at public banks, following an…
A report made public this week by Costa Rica's Comptroller General's Office notes that from 2006-2012, three of the country's public banks spent ₡100 billion ($185 million)…
Over the last five years, Costa Rica has been transformed in some small ways we now take for granted. Living here will never be the same again.…
Citigroup's announcement on Tuesday that its retail banking business would be leaving Costa Rica prompted a chain reaction of speculation and drama. On Tuesday morning, the financial group issued a…
Not happy with your bank? Angry customers soon will be able to file complaints with a new Financial Services Ombudsman’s Office, which begins operating in November. The Costa…
