Loans to individuals expanded 14.6% last February compared to the same month in 2022. This result was influenced by higher loans in soles, which increased 15.2% year-on-year, according to a report from the Central Reserve Bank of the Peru (BCRP).
In monthly terms, these credits expanded by 0.9% in the second month of the year, compared to January, with which it accumulated 20 consecutive months of consecutive growth.
In this group, consumer loans advanced 19.9% year-on-year in February, favored by the dynamism of loans of this modality in soles and dollars, which grew by 19.9% and 22.3%, respectively.
By segments, vehicle loans expanded 17.3%, as well as by Credit cards (31.6%) and the rest of consumer loans (17.7%), while compared to the previous month, January, they grew between 1.2% and 1.3%.
Mortgage credit also rose in February
He mortgage credit registered growth of 7.3% year-on-year in February 2023, thereby maintaining the dynamism observed in recent months. Likewise, it increased 0.4% in February compared to January.
This improvement was favored by the year-on-year increase in mortgage loans granted in soles, whose growth rate was 8.6% in February. In monthly terms, mortgage loans in soles increased by 0.4%.
Mortgage credit through Mivivienda Fund it grew 14.9%, which was mainly due to the year-on-year increase in said credit in national currency (15.6%). Mortgage credit dollarization was at 8.9%, similar to the previous month. Compared to the level observed in February 2022, dollarization decreased by 1.1%.
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