Banco de Costa Rica
Banco de Costa Rica main building, located in San Jose. | |
Motto | Somos el Banco de Costa Rica |
---|---|
Formation | April 20th 1877 |
Type | State Owned Bank |
Location | |
Key people |
Paola Mora Tumminelli - President of the Board of Directors Mario Barrenechea Coto - CEO |
Website | www.bancobcr.com |
Formerly called | Banco de la Unión (Until 1890) |
Banco de Costa Rica (BCR) is a state-owned commercial bank that operates in Costa Rica. With an equity of $806,606,710,[1] and assets for $7,607,483,881.[1] the bank has established itself as one of the strongest banking companies in both Costa Rica and Central America.[2]
The bank began primarily as a private commercial bank until it was designated as currency issuer, and exclusive manager of public revenues in the last decade of the 19th century. After the bank nationalization decree of 1948, Banco de Costa Rica became a financial entity with a major role in the development of the country.[3]
References
- 1 2 "Banco de Costa Rica Financial Statements". Retrieved 11 June 2016.
- ↑ "Mercados y Tendencias Magazine – Central America Bank Ranking" (PDF). Retrieved 14 June 2016.
- ↑ Brenes, Lidiette (1990). La nacionalización bancaria en Costa Rica: un juicio histórico. Costa Rica: Flacso. ISBN 9977-68-014-0.
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