The Superintendence of Banking, Insurance and AFP (SBS) submitted to the intervention regime to the Savings and Credit Cooperative La Summit for the total loss of your Share capital and of the cooperative reserve. The measure was adopted through SBS resolution No. 00641-2025 published Thursday in the Official Gazette El Peruano. After the evaluation of […]
Tag: cooperatives
SBS urges cooperatives to adopt exceptional measures for debtors affected by climatic phenomena
The Superintendence of Banking, Insurance and AFP (SBS) reminded the savings and credit cooperatives not authorized to receive resources from the public (COOPAC), the validity of the exception measures, established in the multiple trade No. 29470-2023, which can be applied to the credits of their debtors affected by the statement of the state of emergency […]
SBS: Savorists of 131 cooperatives are covered with the deposit insurance fund, what is the list?
It details the SBS that in case of bankruptcy of a savings and credit cooperative, the savings of the partners are protected by this insurance. Know the amounts. From this February the Cooperative Deposit Insurance Fund (FSDC) begins to govern with the aim of ensuring the deposits of savers of those cooperatives that drag problems […]
Cooperatives: funds will be covered in case of non-lifting of the cause of intervention
Members’ deposits will be insured, in accordance with current legislation, regardless of the cause of dissolution, and provided that the Coopac complies with the requirements and has contributed to the FSDC for at least 24 months, SBS reported. Join the Whatsapp channel The Cooperative Deposit Insurance Fund (FSDC) will cover the deposits of members in […]
SBS intervened in the Quillabamba and Latino Peru Limited cooperatives
Due to its total loss of share capital and cooperative reserve. Join the Whatsapp channel The Superintendency of Banking, Insurance and AFP (SBS) intervened in the savings and credit cooperatives (Coopac) Quillabamba and Latino Peru Limited in the face of the total loss of its share capital and cooperative reserve. Thus, three intervenors were appointed […]
SBS declares the dissolution of five cooperatives and subjects another to intervention regime
The Superintendency of Banking, Insurance and AFP (SBS) declared the dissolution of five cooperatives, due to being involved in the cause of inactivity, and sent another to intervention regime at the national level. The dissolved cooperatives are Yayantsi, Señor de Ánimas de Canchuillca, Chalhuanca – Aymaraes, Niño Jesús de Pacucha, Santo Domingo del Sur Ltda […]
SBS declares the dissolution of 4 cooperatives nationwide
These are the cooperatives Crediban Ltda (Tacna), Credimisti (Arequipa), La Florida (Junín) and Casa Solidaria COOPAC Casasol (Arequipa). The last two had already been subjected to an intervention regime. Price of the dollar in Peru: what is the exchange rate for this Friday, April 19? Fonavi: the new payment for people over 80 begins on […]
SBS: savings in cooperatives will only be protected from 2025
The Cooperative Deposit Insurance Fund will cover up to S/10,000. Join the La República WhatsApp channel Price of the dollar today in Peru: what is the exchange rate for this Tuesday, March 19 Loro Piana charges $9,000 per vicuña sweater and Peruvian community members voluntarily shear the wool The Superintendency of Banking, Insurance and AFP […]
SBS dissolves 7 cooperatives and sends 2 to intervention regime
Because they are involved in the cause of inactivity or total loss of social capital and cooperative reserve. Coopac are not covered by the Deposit Insurance Fund. Join the La República WhatsApp channel Price of the dollar today in Peru: what is the exchange rate for this Wednesday, March 13 Seventh AFP withdrawal 2024 LIVE: […]
Interoperability: Cooperatives will access the compensation system of banks and savings banks
Through a circular, BCRP reported that the entry of COOPACs into clearing services “will promote access by unbanked people to digital payments and strengthen the interoperability of the payments market.” Join the La República WhatsApp channel Price of the dollar today in Peru: what is the exchange rate for this Wednesday, November 8? These are […]