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Credits: Flexible Terms during 2021 - CentralAmericaData :: The Regional Business Portal


Credits: Flexible Terms during 2021
In order to face the crisis generated by the covid-19 outbreak, Costa Rica extended until December 31, 2021 the measure that allows clients of financial institutions to benefit from extensions, refinancing and readjustments without the need to carry out debtor stress analysis.
Wednesday, February 3, 2021
According to Conassif, additionally, banks were asked to reapply their internal policies for measuring the payment capacity of each client as of April 1, 2021.
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From Conassif s press release:
February 2, 2021. The National Council of Supervision of the Financial System (Conassif) extended the following measures until December 31, 2021, in order to help Costa Rican households and companies that have been affected by the COVID-19 pandemic: ....

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