Following recent comments by President-elect Laura Fernández regarding a potential sale of Banco de Costa Rica (BCR), the bank has issued a statement acknowledging the announcement and emphasizing its respect for the country’s institutional processes. The proposed initiative, which would require resolution in the Legislative Assembly, was discussed during Fernández’s first press conference.
In its response, BCR stated: “We respect the competencies of each branch of government and will wait to learn more details about the proposal before issuing an opinion.”
The bank highlighted its history and role in Costa Rican society, noting that it has operated for over 148 years supporting economic and social development. BCR pointed out its contribution to making public services such as licenses and passports more accessible. With a network of 135 branches and around 3,000 Puntos Tucán across Costa Rica, BCR said it maintains a presence throughout the country.
BCR described itself as a stable institution with strong capital adequacy and financial solvency within Costa Rica’s financial sector. The bank said: “Our strategic focus drives us to maintain and exceed these perspectives, becoming every day an entity that supports our employees and clients.” It reaffirmed its commitment to financial stability in Costa Rica and to maintaining uninterrupted service for customers.
“We reiterate that BCR respects the country’s democratic processes and will continue operating with excellence as it has since its beginnings,” according to the statement.
BCR also addressed customers and staff directly: “To our clients and collaborators we urge you to continue trusting in this solid institution as you have done over the years. The Bank’s operations continue normally.”
