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Costa Rica

Costa Rican Banco Cathay launches international factoring

Costa Rican Banco Cathay has announced the extension of the Participation Guarantees and the Discount of Bills products internationally. Following its membership of FCI, the bank has become the first International Factoring provider in the country.“This instrument encourages the state...

#international factoring

Credit insurance services launched in Costa Rica

Joint venture trade credit insurer...has launched in Costa Rica... (more…)

#management#risk#risk management


Costa Rica begins transition to mandatory e-invoicing

Costa Rica has begun its transition to mandatory...  (more…)

#compliance#electronic documents#invoice


Assignment of receivables regulation in Costa Rica

Factoring in Costa Rica has been in practice for several years and it's quite useful for companies that need to…

#assignment#assignment of receivables#invoice


New market gets stronger

Costa Rican factoring market reaches USD220 million turnover. (more…)

#bank#guarantees#international


IIC and Banco de Costa Rica to support local...

T he Inter-American Investment Corporation IIC to provide up to USD30mn loan to Banco de Costa Rica for SME lending…

#bank#investment#SME financing


Norwegian Fund to invest $ 2 million in Costa...

The Norwegian Investment Fund places $ 2 million on Costa Rican SME market via local Desyfin Financia S.A. (more…)


DEG grants Banco Improsa US$10m credit line

German development bank DEG has granted a US$10m credit line to Costa Rican bank Banco Improsa. The credit line will…

#bank#smes


IDB to promote SME competitiveness in Central America

The Inter-American Development Bank, at a meeting with finance ministers and central bank presidents from Central America and the Dominican…


Factoring – based model provides SMEs with access to...

The Multilateral Investment Fund (MIF) and the Andean Development Corporation (CAF) are backing a government programme to support entrepeneurship... (more…)


$10m credit guarantee will alleviate problem of financing SMEs

Following the news that the The Inter-American Investment Corporation (IIC) has approved a partial credit guarantee for a standard bond…

#bank#funding#guarantee


IDB fund approves US$5m financing to promote factoring

The Inter-American Development Bank s (IDB s) Multilateral Investment Fund (MIF) is to provide lines of credit  to support a…

#bank#liquidity#risk

IDB approves US$116,835,000 loan to Costa Rica

A US$116,835,000 loan from the Inter-American Development Bank will support a programme to boost Costa Rica’s competitiveness by investing in…

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