Costa Rica - Banking Systems (2024)

Includes special features of this country’s banking system and rules/laws that might impact U.S. business.

The Costa Rican financial system is composed of two state-owned commercial banks, 11 private commercial banks, one workers' bank, one state-owned mortgage bank, two mutual housing finance companies, five non-bank finance companies, 25 savings and loans, and two entities engaged in money exchange and transfer, all under supervision of the Superintendence of Financial Entities SUGEF, which is in turn a semi-autonomous unit of the Central Bank. In addition, both state and private commercial banks and the state insurance company run a number of investment and retirement funds or trusts.

Please refer to Chapter 6 “Investment Climate” under the subtopic “Efficient Capital Markets and Portfolio Investment” for further information on the banking system.

Prepared by our U.S. Embassies abroad. With its network of 108 offices across the United States and in more than 75 countries, the U.S. Commercial Service of the U.S. Department of Commerce utilizes its global presence and international marketing expertise to help U.S. companies sell their products and services worldwide. Locate the U.S. Commercial Service trade specialist in the U.S. nearest you by visiting http://export.gov/usoffices.

Costa Rica - Banking Systems (2024)
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