SBS appoints representatives for the intervention process to Caja Rural de Ahorro y Crédito Raíz

The Superintendency of Banking, Insurance and AFPby means of the SBS Resolution No. 02646-2023declared this Friday, August 11, the submission to the Intervention Regime to the Rural Savings and Credit Fund Root SAA for financial insolvency.

In this sense, Mario Jorge Martín Salas Alvarado and César David Portalanza Chinguel, officials of this Superintendency, or in the absence of any of them, Jesús Alfonso Andrade Palacios, were appointed to represent the Superintendent carry out the necessary acts to carry out the intervention in accordance with the provisions of the General Law and the Regulations for Special Regimes and the Liquidation of Companies in the Financial System and the Insurance System, approved by SBS Resolution No. 455-99 of 05.25.1999 and its amendments.

The resolution published today in El Peruano It also indicates that said representatives also enjoy all the necessary powers to formalize the transfer of assets and liabilities of Caja Rural de Ahorro y Crédito Raíz SAA in Intervention, being able to sign all the public and private documents that are necessary to carry out the exclusion of assets and liabilities and proceed to implement their transfer.

In addition, for the Rural Savings and Credit Fund Raíz it is prohibited:

• Initiate judicial or administrative proceedings against Caja Rural de Ahorro y Crédito Raíz SAA for the collection of credits under your charge.
• Pursue the execution of judicial decisions issued against the aforementioned company.
• Establish liens on any of the assets of the aforementioned company, as a guarantee of the obligations that concern it.
• Make payments, advances or compensation or assume obligations on its behalf, with the funds or assets that belong to the indicated company and are in the possession of third parties, with the exception of compensation with companies in the financial system.