Banking

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

Banco de Costa Rica said it has not found evidence that sensitive information has been compromised.

The change will not involve major adjustments for bank customers, except for the IBAN codes printed on checkbooks, deposit forms and other documents.

Banco de Costa Rica has invested more than $8 million in the launch of the first five branches of Banca Kristal in the greater San José metropolitan area, and has announced plans to open at least 15 others.

New limits imposed at Banco de Costa Rica ATMs in October have left some non-BCR cardholders frustrated when they try to take out cash.

The Costa Rican Banking Association said that 95 percent of banks in the country have already started to swap out the 7 million credit and debit cards currently circulating in the country with more secure chip cards.

Nearly 8 out of ten Ticos use debit cards regularly. But they use them mostly to get cash from ATMs.

It is usually the most articulate entrepreneurs, the most charismatic, and the best communicators, who end up in the qualifying rounds. Since competitions don’t spend much time checking facts and figures due to volume and time constraints, what really creates the impact is the story, and that is creating a new breed of entrepreneurs: great storytellers for competitions.

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 general manager and two assistant managers.

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 a network of investigative journalists released Sunday.