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Tag: banks

Ethiopia: technical failure in bank allowed clients to withdraw more money than they had

Ethiopia: technical failure in bank allowed clients to withdraw more money than they had Ethiopia: technical failure in bank allowed clients to withdraw more money than they had

Ethiopia’s largest bank is trying to recover more than US$40 million after a technical glitch allowed customers withdraw more money than they had in their accounts. There were huge queues at ATMs after the problem was detected in the Commercial Bank of Ethiopiareported the local press. The news about the technical failure on Saturday was […]

What do I do if the entity where I have my savings goes bankrupt?

What do I do if the entity where I have my savings goes bankrupt? What do I do if the entity where I have my savings goes bankrupt?

Lose them savings that they have in a financial institution would be a nightmare for anyone and, although a bankruptcy is not something that usually happens between banks, it has happened recently in savings banks and, soon, it could happen in cooperatives. For this reason, there is a Deposit Insurance Fund, which is updated every […]

Joint profit of 5 banks reached S/26 million per day in 2023

Joint profit of 5 banks reached S/26 million per day in 2023 Joint profit of 5 banks reached S/26 million per day in 2023

The joint net profit of five large banks in Peru was S/9,821 million in 2023, equivalent to S/26 million net profit per day. Meanwhile, the levels of its economic profitability (ROA) and profitability per shareholder (ROE) reached peaks of up to 3.63% and 62.74%, respectively. These five banks are BCP, BBVA, Scotiabank, Interbank and the […]

Fixed-term deposit: where should you save your money: banks, savings banks or financial institutions?

Fixed-term deposit: where should you save your money: banks, savings banks or financial institutions? Fixed-term deposit: where should you save your money: banks, savings banks or financial institutions?

At the beginning of February, the board of directors of the Central Reserve Bank agreed to cut the reference interest rate to 6.25%, marking the sixth consecutive month of a decrease of 25 basis points (bps). Despite this situation, banks and savings banks continue to offer attractive rates for fixed-term deposits, which are shown to […]

9 out of 10 mortgage loans are paid on time

9 out of 10 mortgage loans are paid on time 9 out of 10 mortgage loans are paid on time

Despite the contraction of the Peruvian economy during 2023 – which took it to its worst record in 31 years, not counting the pandemic – in a context where the purchasing power of households has been dented by inflation and deterioration in employment quality, Peruvians have maintained interest in purchasing a home, and even in […]

What is the maximum amount for interbank transfers in BBVA, BCP, Interbank and others?

What is the maximum amount for interbank transfers in BBVA, BCP, Interbank and others? What is the maximum amount for interbank transfers in BBVA, BCP, Interbank and others?

If you are wondering what is the maximum limit for interbank transfers in entities such as BBVA, BCP, Interbank and Scotiabank, you are in the right place to find the answers. Interbank transfers are a fundamental tool in modern financial management, but it is important to know the limits established by each bank to avoid […]

Loans of S/10,000 instantly from banks and savings banks: which offers the lowest interest to pay in 1 year?

Loans of S/10,000 instantly from banks and savings banks: which offers the lowest interest to pay in 1 year? Loans of S/10,000 instantly from banks and savings banks: which offers the lowest interest to pay in 1 year?

Many times the monthly salary is not enough to cover all our pending expenses or, perhaps, there is a last-minute financial problem. If this is your case, one option is to request a personal loan of S/10,000 from banks and savings banks, supervised by the S.B.S. (Superintendency of Banking, Insurance and AFP). However, first you […]

Get an advance on your salary online: which banks offer it and what is the maximum amount?

Get an advance on your salary online: which banks offer it and what is the maximum amount? Get an advance on your salary online: which banks offer it and what is the maximum amount?

It’s not the end of the month yet and you need money? An alternative to access liquidity quickly is through a request for a advance of your salary in some bank. This is a loan for emergencies that can be requested in a simple way and without having to go to the entity in person. […]

Mortgage loans: which banks and savings banks offer the lowest rates to buy a house?

Mortgage loans: which banks and savings banks offer the lowest rates to buy a house? Mortgage loans: which banks and savings banks offer the lowest rates to buy a house?

Taking the step towards owning your own home is a desire shared by many, and mortgage loans are one of the ways to make it a reality. Discover in this guide the banks and savings banks that stand out for offering lower interest rates, according to information from the S.B.S. (Superintendency of Banking, Insurance and […]

Fixed-term deposit from S/100: which banks, savings banks and financial institutions offer the most interest this 2024?

Fixed-term deposit from S/100: which banks, savings banks and financial institutions offer the most interest this 2024? Fixed-term deposit from S/100: which banks, savings banks and financial institutions offer the most interest this 2024?

Look at which financial institution leads the ranking of the highest rates! In some cases, you only need S/100 to start increasing your savings. Join the La República WhatsApp channel Price of the dollar in Peru: what is the exchange rate quote this Thursday, January 11? These are the 4 loans offered by the Banco […]