At the end of 2024, the municipal savings and credit boxes in the Peruwhich are the financial arm of the micro and small businesses (MYPES), registered profits of S/399 million, which implied a growth of about 50% compared to the 2023 year (S/266 million). According to data from the Superintendence of Banking, Insurance and AFP […]
Tag: Arequipa Box
Municipal Boxes win S/399 million, but three drag losses and are observed by the SBS
At the end of 2024, the municipal savings and credit boxes in Peru, financial arm of micro and small businesses (Mypes), registered a total of S/399 million in their earningswhich implied a growth of almost 50% compared to the year 2023 that obtained S/266 million. “It is a general recovery for the economy of 2024, […]
Municipal savings banks: Arequipa will launch the first credit card for direct consumption
The average rate at Caja Arequipa is 18%, so new consumer loans will reach 19-20%, much less than the 80% that the financial system manages today, led by banks. Join the WhatsApp channel Fonavi LIVE: list of beneficiaries, how to collect and payment schedule today at Banco de la Nación ONP, May 2024: see HERE […]
What are the municipal savings banks that offer credit cards? Check the requirements to access
The Municipal Savings and Credit Bank of Piura launched its new financial product a few days ago that seeks to facilitate purchases and payments related to the business in favor of micro and small businesses. In this way, it became the second municipal savings bank to issue its own credit card. As recalled, in March […]
Which credit card charges the least interest, according to the SBS?
Choosing the right credit card in a financial market saturated with options can be a tedious task. Therefore, the S.B.S. (Superintendency of Banking, Insurance and AFP) has simplified the work and offers a table that compares the interest rates of different financial entities. In order for you to make an informed decision and not fall […]
What are the 3 municipal savings banks that would issue credit cards in 2024?
The economic recession that Peru is experiencing has changed the consumption habits of citizens and currently, the majority of people assume debts with banks to make their purchases. In that sense, the Federation of Municipal Savings Banks (Fepmac) announced that, for this first half of 2024, three of these financial institutions would issue credit cards. […]
Caja Arequipa confirms rescheduling of debts to people affected by mudslides
Around 57 of the 60 ravines have been activated in Lima, affecting hundreds of houses and, above all, people who could not withstand the scourges of nature. In this context, in the capital, two people lost their lives after a huaico fell on the place where they lived. Added to this are the economic losses […]
Who is María Palacios, the first woman to become president of the Caja Arequipa board of directors?
Achievement. She is not only the first woman president in Caja Arequipa, but also the second to assume a position of such magnitude in the entire system of municipal savings banks in Peru. In 37 years of institutional life, for the first time, Caja Arequipa elected a woman as president of the board of directors. […]
Izipay company expands digital operations towards the microfinance sector
The digital payment processing company izipay signed a strategic alliance with Arequipa Box in order for it to have the payment service with QR codewith that of facilitating the purchase and sale as well as contributing to the development of the financial inclusion in Peru. Thus, izipay expands its operations towards the microfinance sector, since […]
Caja Arequipa, the best microfinance company of 2021
Caja Arequipa consolidated its leadership position this year by being recognized as the best microfinance company in the country. This is thanks to the recognition of organizations specialized in performance evaluation and good governance, as well as clients of the Micro and Small Business sector. A last recognition received has been the one granted by […]