costa rica banks

Banks are restarting the collections that were put on hold because of covid-19. The idea of additional massive adjustments is not being considered at the moment. Many of the grace…

Noncompliance with the General Superintendence of Financial Entities (Sugef) has been a huge issue. Financial institutions have had to close over 1,000 accounts of individuals and companies due to this…

The Costa Rican Banking Association has reported many unreliable operations. In fact, banks have detected $130 million in suspicious transactions this year alone. 75% of these transactions are from abroad. …

The Government of Costa Rica has presented a legal reform to authorize foreign banks to open branches in the country. Foreign banks currently operate here through financial intermediaries as separate…

Guess this guard really needed his gallo pinto. ¢12 million and many cell phones were stolen by three armed men at Instacredit in Heredia. They entered while the guard was…

Costa Rica News – Following an alert about Alunasa, 7 Costa Rican banks are taking action. The General Superintendency of Financial Institutions (Sugef) has required that they implement actions mitigating the…

Costa Rica News – Ticos now have a new way to streamline banking procedures, through an artificial intelligence system called Layla.

Costa Rica News – The Central Bank uses dollars to reinforce reserves.