Economic & Financial ReporterCosta Rica speeds up plans to capitalize banks
Source:
Nacion.com
The decision by Government to inject capital into State owned banks, Banco Costa Rica and Banco Nacional should be ready by mid next week.
Its was confirmed by the Minister to the Presidency, Rodolfo Arias, who analyzed the topic in an extended session of the Economic Council that took place yesterday at Casa Presidencial.
He also announced that an executive decree relating to development banking will be signed next week. Related resources Base Rate Goes Down to 11.25% in Costa Rica - May 7 09 (9%) Costa Rica Extends Measures for Banking Liquidity - Mar 13 09 (10%) Credit available at Costa Rican state banks - Jan 15 09 (11%) Guatemalan banks request extension of money table - Jan 13 09 (9%) ![]() more articles
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