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Costa Rica Best Bank: Banco de Costa Rica

Nov 1, 2012

Costa Rica¹s banking system is dominated by three large government-backed banks that are similar in size, and compete in many of the same areas. This year, Banco de Costa Rica stands out from the other two for having weathered an economic environment that still throws up challenges, despite having largely recovered from the 2008-2009 crisis. Costa Rica¹s economy is expected to grow by 3.7% in 2012, down a touch from the rates above 4.0% seen in...

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At a fundamental level, the issue is how to generate healthy returns in the medium to long term. Policy holders can see their fund go down over the course of a week or a month, but what we really should be looking at is returns over 20 or 30 years.

Daniel Schydlowsky, Peru’s banking, insurance and private pension fund regulator


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