Bank Lafise in Costa Rica Shifts to Consumer Banking

The banking institution will shift its focus from corporate clientele to retail banking.

Wednesday, April 21, 2010


©image: Grupo LAFISE

Gilberto Serrano, Lafise manager, explained that in 2010 the bank will grant more loans for home and auto buying, as well as consumption. They plan to open more branches and hire experienced staff in this area.
Lafise stated that they do not intend to compete with the large banks who already dominate this market, but to offer a different product. “They don’t want to become a financial supermarket, they want to maintain their boutique approach, but offering a wider range of services”, reported Elfinancierocr.com.

More on this topic

Banco Lafise Expands in Costa Rica

January 2010

The banks started an expansion plan in the country by opening a new branch in the locality of Desamparados.

Gilberto Serrano, CEO at Banco Lafise, explained their plans to open 5 new branches in 2010, in addition to offering new products.

"Credit and debit cards, saving and checking accounts in colones, dollars and euros, investment certificates, mortgages and loans are just some of the services the bank offers", told Serrano to prensalibre.cr.

Banco Nacional de Costa Rica introduces “Cashback”

May 2011

The bank aims to improve the efficiency of its services and reduce lines in its branches by extending its payment network, among other measures.

In addition to using debit cards to pay for public and private services in various stores, including supermarkets, customers of BNCR now have the ability to withdraw cash (cashback) in those outlets.

$14.4 Million for Costa Rican PYMEs

February 2009

Bank Lafise offers a line of credit of up to $178,570 (¢100 million) per business.

Elfinancierocr.com publishes: "The line of credit is directed to PYMEs with total assets less than $2.5 million and with a maximum of 100 employees. Furthermore, it is targeted to financing the industrial, agriculture, and commerce and services sectors."

BCR to Offer Mobile Banking Services

August 2010

A vehicle mounted with an ATM and with customer service facilities will enable clients to carry out any banking transaction.

The vehicle will use satellite technology to enable customers to carry out the transactions online.

"The cost of each unit is approximately $143k and will be used to deliver Banco de Costa Rica (BCR) services to customers attending large events as well as provide special services to the bank's client companies and institutions with particular needs, thereby widening its commercial offering," reports La Prensa Libre.

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