The economic dynamism of the last half of 2011 and the first of 2012 has generated more demand for loans, particularly in dollars.

Dollar loans reported an increase of 16% (17% excluding the currency effect), while loans in colones increased 14%.

Mario Rivera, manager of the Banco de Costa Rica, told Nacion.com that the preference for dollar credit is being driven mostly by companies with strong links to international trade (import and export) and the domestic demand for imported goods.

In the view of the director of the Economic Division of the Central Bank, Roger Madrigal, credit growth poses no threat to inflation.

Source: Nacion.com