The Social Security Standardization Office (ONP) and the National bank(BN) signed this Thursday, March 9, an inter-institutional collaboration framework agreement to develop joint actions aimed at improving the pension welfare of the insured and strengthening the National Pension System (SNP). According to the ONP, this agreement will allow the subsequent signing of other specific agreements […]
Tag: credits
Yape 2023 credit: can I apply for a loan if I have an account with cards from other banks?
Next, find out if you can access microcredits of up to S / 500 in case you have registered a Yape account with other financial entities. Yape’s microcredits have become an opportunity for relief for more than one person looking to settle an account or cover an urgent need. At the end of 2022, the […]
Digital wallet of municipal savings banks: when can microcredits of up to S/200 be requested?
microfinance They will launch a digital wallet that will allow transfers for S/500 a day, in addition to offering ‘lifesaving credits’ with attractive rates. Given the increasing use of mobile applications to make bank transfers, such as Yape, Plin, Tunki, among others, the Peruvian Federation of Municipal Savings and Credit Banks (Fepcmac) announced that they […]
FAE-Texco: Produce would include a good payer bonus to reduce credit interest rates
Vice Minister of Mype and Industries pointed out that, currently, the interest rate of the credit program ranges between 13.5% and 17%. During his participation in the Foreign Trade Commission of the Congress of the Republic, the Vice Minister of Mype and Industry, Javier Dávila Quevedo, announced that the Ministry of Production (Produce) will seek […]
Peruvians without credit experience are almost 60% of the population by 2022, according to a study
As of June 2022, 40% of the population had credit experience in regulated entities, this is equivalent to 10.2 million people, according to Experian data. 59.4% of Peruvians over the age of 18 do not have credit experience, according to an Experian study. This refers to people who have not had a valid loan in […]
Competition for Yape and Plin: municipal savings banks will launch digital wallet and microcredits
Digital wallet of microfinance institutions will allow transfers for S/500 a day, as well as other benefits for users. Learn more about how this application will operate. In June 2023 the 11 microfinance entities that make up the Peruvian Federation of Municipal Savings and Credit Banks (FEPCMAC) will launch a unique digital wallet with certain […]
Reactiva Peru: more than 42% of the loans are still owed
After more than two years of having implemented the Reactiva Peru credit program, thousands of companies have already begun to pay their loans as they have been reactivated; however, there are still outstanding balances. Thus, as of October of this year, of the S/58,044 million granted in credits, more than S/33,308 million have already been […]
Mivivienda Fund: they will disburse more than 20,000 Own Roof bonds in the new housing modality
The Fund MIVIVIENDA SA (FMV)a company attached to Ministry of Housing, Construction and Sanitation (MVCS), announced that, at the end of 2022, More than 20,000 Family Housing Bonuses (BFH) will be disbursed in the New Home Acquisition modality of the Techo Propio program (AVN-TP). From January to July of this year, 10,359 BFH have been […]
Government initiates process for the Banco de la Nación to give credits to mypes
Within the framework of the powers granted by Congress, yesterday the Executive Power published a legislative decree that dictates measures for the strengthening of the Banco de la Nación, with which the process begins so that in the short term the entity can offer financial products such as loans to mypes, and thus “complement the […]
Credit to the private sector accelerated 4.3% year-on-year in December, according to the BCRP
The Central Reserve Bank of Peru (BCRP) reported that credit to the private sector —which includes loans granted by banks, financial, municipal and rural savings banks and cooperatives—increased by 0.3% in December 2021 compared to the previous month, with greater growth in credit granted to individuals. In this way, the year-on-year growth rate accelerated for […]