Banco Nacional de Costa Rica

Banco Nacional de Costa Rica is the largest financial institution in the country, providing a comprehensive suite of banking solutions to over 2.6 million clients. The bank has a strong commitment to environmental, social, and economic sustainability, issuing the first green bond, the first social bond, and the first blue bond in the Central American region to strengthen its sustainable loan portfolio and support various community initiatives. Its leadership in renewable energy projects, sustainable finance, and technological innovation has been crucial in promoting sustainable and equitable development in the Costa Rican economy.

The bank's investment strategy focuses on a diverse range of asset classes, including fixed income, private equity, and venture capital. It actively participates in various stages of investment, from early-stage ventures to growth and late-stage opportunities. Geographically, Banco Nacional de Costa Rica primarily concentrates its investments within Costa Rica, aiming to bolster the national economy and support local businesses. The bank's investments span multiple industries, such as financial services, technology, renewable energy, infrastructure, healthcare, education, agriculture, tourism, real estate, telecommunications, retail, manufacturing, transportation, media, and construction.

In 2024, Banco Nacional de Costa Rica issued the first blue bond in Central America, raising $50 million for ocean conservation and the blue economy. This innovative financial instrument aligns the bank's strategy with the country's environmental goals. Additionally, in 2022, the bank partnered with the Inter-American Development Bank (IDB), IDB Invest, and FINDEV Canada to launch Costa Rica's first social bond, channeling $75 million to projects focused on poverty reduction, economic development, and support for women-led micro, small, and medium-sized enterprises (MSMEs). These initiatives underscore the bank's dedication to fostering sustainable economic growth and social progress in Costa Rica.