The material on this site is for financial institutions, professional investors and their professional advisers. It is for information only. Please read our Terms & Conditions, Privacy Policy and Cookies before using this site. Please see our Subscription Terms and Conditions.

All material subject to strictly enforced copyright laws. © 2022 Euromoney, a part of the Euromoney Institutional Investor PLC.

Central American Awards for Excellence 2012: By country

Awards for Excellence 2012
Regional Awards for Excellence 2012: Latin America
All regions and countries

Central American winners by country
Costa Rica
El Salvador

Costa Rica

Best bank: Banco de Costa Rica

In 2011 Costa Rica resumed its pre-crisis GDP growth rate of 4% and the outlook for the country is positive, albeit with exposure to falling commodity prices. Banco de Costa Rica took advantage of the benign economic environment to grow revenues by 13.9% and net income by 20.8% and now accounts for 16.2% of the country’s financial system. The bank’s return on equity began to recover, nudging up to 8.5% from 7.8% the year before.

Total assets grew by 9.52% and the bank now has a 20.3% market share. Total deposits grew by 7.2% (to a market share of 21.3%).

You have reached premium content. Please log in to continue reading.

Read beyond the headlines with Euromoney

For over 50 years, our readers have looked to Euromoney to stay informed about the issues that matter in the international banking and financial markets. Find out more about our different levels of access below.


Unlimited access to and

Expert comment, long reads and in-depth analysis interviews with senior finance professionals

Access the results of our market-leading annual surveys across core financial services

Access the results of our annual awards, including the world-renowned Awards for Excellence

Your print copy of Euromoney magazine delivered monthly

£73.75 per month

Billed Annually


Unlimited access to and, including our top stories, long reads, expert analysis, and the results of our annual surveys and awards

Sign up to any of our newsletters, curated by our editors


Already a user?

We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree