Along with a greater dynamism of loans aimed at the consumer and mypes sectors, the Superintendence of Banking, Insurance and AFP (SBS) highlighted that, in March 2023, there was a significant reduction in the rescheduling of all types of credits compared to the same month of the previous year. Thus, the SBS Financial System Stability […]
Tag: credits
Banks expect lower demand for mortgage loans for the second quarter
The banks expect that in the next three months the demand for mortgage loans will be lower than in the first quarter of 2023. This is despite the fact that the offer in this segment has improved, according to the XLIII Survey of Credit Conditions (ECC) of the Central Reserve Bank of Peru (BCRP), which […]
Avoid drop-by-drop loans: how to obtain a credit with a reliable mortgage guarantee?
In several Latin American countries, including the Perumoney loans that are granted quickly, without procedures or guarantees —apparently attractive— have become a common practice, although with a peculiarity: interests very tall. This mode is known as the drop by drop loans. Most of the victims are natural persons, entrepreneurs and microentrepreneurswhich have fallen into the […]
Mortgage credit: which banks or savings banks offer the cheapest interest rate to buy a home?
If you are considering buying a home and taking on long-term debt, it is important to evaluate how much financial institutions charge for mortgage loans in order to make them fit your needs. budget familiar. Therefore, in this note, we will offer you a ‘financial tour’ of the cheapest rates offered by banks and municipal […]
Impulso MyPerú: MEF authorizes trust of S/2,000 million for loans to mypes in Cofide
The Ministry of Economy and Finance (MEF) approved the Guarantee Management Trust Agreement for Impulse MyPeruthrough which the terms and conditions are established for the administration of the trust patrimony of the program for S/2,000 million for the granting of loans to mypes with a State guarantee. Ministerial Resolution No. 140-2023-EF/52 authorizes the General Director […]
Yape and Plin begin deployment phase
This Wednesday the 12th begins the next phase for the implementation of interoperability between the two most important digital wallets in Peru: Yape and Plin. Previously, on March 31, the transaction began with a limited group of 10,000 customers. Now, The expectation is to cover more than 12 million users of the two applications. all […]
Municipal savings banks ask the Government for S/1,000 million for loans
The municipal savings banks are asking the central government for economic strengthening with the aim of offering more loans to micro-entrepreneurs seeking economic reactivation. John Sarmiento Tupayachi, manager of Corporate Services of the Peruvian Federation of Municipal Savings and Credit Banks (FEPCMAC), told La República yesterday that the request was made to the president Dina […]
BCRP: Credit to individuals expanded 14.6% in February
Loans to individuals expanded 14.6% last February compared to the same month in 2022. This result was influenced by higher loans in soles, which increased 15.2% year-on-year, according to a report from the Central Reserve Bank of the Peru (BCRP). In monthly terms, these credits expanded by 0.9% in the second month of the year, […]
Impulso Myperú: Government approved guarantee to grant credits to mypes
The head of the Ministry of Economy and Finance (MEF), Alex Contreras, announced that the Council of Ministers approved this Wednesday, March 22, the supreme decree that allows the guarantee of the S/2,000 million of the Impulso Myperú program, which seeks to give loans with low interest rates to micro and small businesses (mypes). “It […]
Congress proposes rescheduling credit payments for a minimum term of 9 months
Congressmen Arturo AlegrÃa and Eduardo Castillo, from the bench people forcepropose to establish extraordinary measures to reschedule credit payments of natural persons and mypes that have been financially affected by the declarations of the state of national emergency as a result of natural disasters and social conflicts, registered since December 7, 2022. The PL 4525 […]