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SBS declared dissolution of 28 cooperatives due to inactivity

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The Superintendency of Banking, Insurance and AFP (SBS) declared this Thursday the dissolution of 28 savings and credit cooperatives (Coopac). According to the legal regulations of El Peruano, this occurs after reporting that these associations are inactive, within the framework of their supervisory and regulatory powers.

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It should be noted that a cooperative is an autonomous grouping of people who have come together voluntarily to meet their economic needs and aspirations through a jointly owned and democratically controlled enterprise.

What cooperatives have been dissolved?

Review the list of the more than 20 cooperatives dissolved by the SBS:

  • Tres Molinos Savings and Credit Cooperative
  • Savings and Credit Cooperative San Bartolomé del Altiplano Ltda.
  • Savings and Credit Cooperative Santa Fe-Peru-Ltda
  • Sol Amazónico Savings and Credit Cooperative Ltd.
  • Virgen de la Puerta Savings and Credit Cooperative
  • Virgen de Nitape Savings and Credit Cooperative
  • Savings and Credit Cooperative July 21 Ltda.
  • Yanawara Savings and Credit Cooperative
  • Crecemype Savings and Credit Cooperative
  • Savings and Credit Cooperative Limited Credieden
  • Savings and Credit Cooperative Credirapidoperu
  • Savings and Credit Cooperative Solidarity Credits of Peru
  • Savings and Credit Cooperative El Buen Sembrador
  • Savings and Credit Cooperative El Emprendedor
  • Savings and Credit Cooperative SME Fund
  • Savings and Credit Cooperative Inversiones Crediticias Ltda.
  • Mipyme Savings and Credit Cooperative El Asesor
  • American Savings and Credit Cooperative
  • Centrobank Savings and Credit Cooperative
  • Trusting Savings and Credit Cooperative
  • Savings and Credit Cooperative Cordillera Escalera Ltda.
  • Savings and Credit Cooperative of the Servants of the Ministry of the Interior Ltda – Cosermin
  • Mosoq Hillariy Savings and Credit Cooperative Limited
  • Musuq Ayllu Savings and Credit Cooperative – Aymaraes – Apurímac
  • Genesis Investments Group Savings and Credit Cooperative
  • Savings and Credit Cooperative Group Union Progreso
  • Primavera Savings and Credit Cooperative
  • Prosperando Savings and Credit Cooperative.

What prohibitions do the dissolved Coopac have?

Article 9 of the regulation of special regimes indicates that the Cooperatives of saving and credit dissolved may not initiate judicial or administrative proceedings against them for the collection of debts under their charge.

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In addition, they cannot pursue the execution of judicial decisions issued against them or constitute encumbrances on any of the assets in guarantee of the obligations that concern them.

They are also restricted from paying, giving advances or compensation or assuming obligations with the funds or assets that belong to them and are in the possession of third parties. Likewise, they cannot constitute precautionary measures against their assets.

Source: Larepublica

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