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Costa Rica

Export association and Interseguros developed credit insurance product

Costa Rica's export association and insurance company Interseguros have developed a credit insurance product for exporters, covering up to 88 per cent of unpaid account receivables. The cover is for goods sold on credit of 30 to 180 days.Source: BN Americas

Bantec to sell factoring unit

Costa Rican financial group Consorcio Bantec plans to sell its factoring unit in order to address a liquidity shortfall of…

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