Banco de Costa Rica

Banco de Costa Rica

Banco de Costa Rica main building, located in San Jose.
Motto Somos el Banco de Costa Rica
Formation April 20th 1877
Type State Owned Bank
  • Costa Rica
Key people

Paola Mora Tumminelli - President of the Board of Directors

Mario Barrenechea Coto - CEO
Formerly called
Banco de la Unión (Until 1890)

Banco de Costa Rica (BCR) is a state-owned commercial bank that operates in Costa Rica. With an equity of $806,606,710,[1] and assets for $7,607,483,881.[1] the bank has established itself as one of the strongest banking companies in both Costa Rica and Central America.[2]

The bank began primarily as a private commercial bank until it was designated as currency issuer, and exclusive manager of public revenues in the last decade of the 19th century. After the bank nationalization decree of 1948, Banco de Costa Rica became a financial entity with a major role in the development of the country.[3]


  1. 1 2 "Banco de Costa Rica Financial Statements". Retrieved 11 June 2016.
  2. "Mercados y Tendencias Magazine – Central America Bank Ranking" (PDF). Retrieved 14 June 2016.
  3. Brenes, Lidiette (1990). La nacionalización bancaria en Costa Rica: un juicio histórico. Costa Rica: Flacso. ISBN 9977-68-014-0.
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