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The RWN on the Viability Ratings (VRs) of BAC San Jose, Davivienda CR, BCR, BNCR and BPDC reflects the high influence that the persistent financing constraints faced by the sovereign and the uncertainty around the fiscal reform placed on the local operating environment, which could affect negatively the Costa Rican banks' financial performance and growth prospects.
Regarding trade, the head of the BNCR forecast that "the free trade agreement is going to take a new turn to include a social component" consisting of "training, improving our populations," referring to the Central America Free Trade Agreement (CAFTA), negotiated in 2003 and in force since 2006.
When Rome became the capital of the Regno d'Italia, the National Library of Rome (BNCR) was founded.
The outlook on all BNCR's ratings has been changed to stable from negative.
The bank's IDRs, National and senior debt ratings reflect the potential support it would receive from its shareholders, the Costa Rican state owned banks Banco de Costa Rica (BCR) and Banco Nacional de Costa Rica (BNCR).
Costa Rica (BNCR), 100% owned by the Republic of Costa Rica.
24, 2018 revision of the Outlooks for BICSA's parents, Banco de Costa Rica (BCR) and Banco Nacional de Costa Rica (BNCR), to Negative from Stable.
BICSA is a subsidiary of both BCR and BNCR, which own 51% and 49% of BICSA, respectively.
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