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Awards

Country Awards for Excellence 2014: Central America



Costa Rica

Costa Rica

Best bank: Scotiabank Costa Rica



Costa Rica’s sale of a 30-year bond in April this year raised some eyebrows, given the country has big fiscal challenges; the timing was before a new government had been formed and articulated its economic strategy to the market. However, strong demand for the issue shows the economy’s good fundamentals, and the new president could be successful in delivering renewed GDP growth.

The performance of Scotiabank Costa Rica gives its management hope that it can build a strong franchise in the country.





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