Banco de Costa Rica
From Wikipedia, the free encyclopedia
FormerlyBanco de la Unión (until 1890)
Company typePublic bank
IndustryCommercial banking
FoundedApril 20, 1877
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 Banco de Costa Rica main building in San José | |
| Formerly | Banco de la Unión (until 1890) |
|---|---|
| Company type | Public bank |
| Industry | Commercial banking |
| Founded | April 20, 1877 |
| Headquarters | , |
Key people |
|
| Total assets | $7,607,483,881 |
| Total equity | $806,606,710 |
| Website | www |
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 of $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 a 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]
