BCR Closes 2008 With 12.7% Profit
While banks in the US
and other parts of the
world are hurting from
the financial crisis,
some close to
bankruptcy, the Banco de
Costa Rica (BCR) is
reporting a profit of
12.% or ˘34 billion
colones for 2008.
Mario Rivera, general
manager of the BCR, made
the announcement
yesterday, adding that
˘7 billion will go
towards paying income
tax, another ˘1.7
billion will be donated
to the Comisión Nacional
de Emergencia and ˘2.4
billon to the Comisión
Nacional de Préstamos
para la Educación (CONAPE)
and ˘3.6 billion to the
Instituto Nacional de
Fomento Cooperativo (Infocoop).
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