Banco de Costa Rica

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 of $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]

Banco de Costa Rica

Banco de Costa Rica main building in San José
Formerly	Banco de la Unión (until 1890)
Company type	Public bank
Industry	Commercial banking
Founded	April 20, 1877; 148 years ago (1877-04-20)
Headquarters	San José , Costa Rica
Key people	Gina Carvajal Vega (President, Board of Directors) Douglas Soto Leitón (CEO)
Total assets	$7,607,483,881
Total equity	$806,606,710
Website	www.bancobcr.com

The bank began primarily as a private commercial bank until it was designated a 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]