On Solid Footing
Costa Rica - Best Bank – Banco Nacional de Costa Rica
In spite of a complicated year for Costa Ricas banks
and concerns about the government deficit, the state-backed
financial system is on solid footing with encouraging economic
indicators expected this year, says Banco Nacional de Costa
Ricas CEO Fernando Naranjo. With almost $7 billion in
assets through June 2011, Banco Nacional de Costa Rica remained
the countrys top bank by assets compared to Banco de
Costa Ricas near $5 billion in assets. Aside from good
local growth, the roughly 6% appreciation of the colon versus a
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