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Central Bank of Costa Rica |
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Central
Bank of Costa Rica
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The Central
Bank of Costa Rica (Spanish: Banco Central de Costa Rica) is the central
bank of Costa Rica. |
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Being a
central bank recognized by the Costa Rican society and the international
community for its efficiency, transparency and credibility in keeping
inflation low and stable.
In pursuit of
its mission, and to maintain the economy’s internal and external balance,
the goals and operating objectives of the Central Bank of Costa Rica are as
follows:
Maintain
internal stability of the national currency, seeking to turn the full
employment of productive resources.
Maintain
external stability of the national currency and ensure their free conversion
to other currencies.
Promote a
stable system of financial intermediation, efficient and competitive.
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Enhance the
efficiency of domestic payments system and maintain normal function.
Ensure the
operational excellence of the institution, understood as the execution of
functions essential to the fulfillment of institutional objectives to the
best possible cost and under acceptable risk.
In achieving the objectives as mentioned above, the Bank commits itself to providing
effective support functions through a sound banking and financial control
system, appropriate information system and the development of competent and
qualified staff.
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Central
Bank of Costa Rica |
HQ
Address: |
Central Avenue and First
Calles 2 and 4
San José
Costa Rica |
Telephone: |
+506 2243 3333 |
Swift Code: |
BCCRCRSJ |
Website: |
www.bccr.fi.cr |
Currency: |
Costa Rican Colon |
Banking Hours: |
Monday -
Friday : 9.00 am - 3:00 pm |
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Similar to other Central Banks
in the world, the functions of Central Bank of Costa Rica include providing banking services to
the Government of Costa Rica and financial institutions, issuing the domestic
currency, regulating commercial banks and other financial institutions,
providing economic advice to the Government, conducting research and
publishing information on monetary and other economic developments. Only
notes and coins issued by the Central Bank shall be legal tender in Costa
Rica.
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