In compliance with the Law that protects consumers of financial services from usury (Law No. 31143), published in May 2021, the Central Reserve Bank of Peru (BCRP) is responsible for establishing maximum rates allowed for credits. consumption and MYPE of the financial system. Currently, the maximum rate in soles is 101.86%, but, for the period […]
Tag: Finance system
Debts in the financial system do prescribe: this is what the law says
Have you been registered with a risk center, such as Infocorp or Sentinel, for failing to pay your financial obligations on the established date? In case you have a debt that exceeds your current payment capacity, it is advisable to go to the corresponding financial institution to request a refinancing process. In private credit bureaus, […]
Argentines flee bank deposits after huge official rate cut: sources
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The banks of the Argentine financial system showed on Tuesday an abrupt cancellation of deposits in pesos in response to the decision of the central bank (BCRA) to abruptly cut the rate within the framework of a new monetary policy, two sources in the sector told Reuters. Savers now receive a maximum of 110% per […]
Velarde describes GDP growth in Peru as “mediocre”: how much would the economy reach in 2023?
The president of the Central Reserve Bank of Peru (BCRP), Julio Velarde, pointed out last Friday that the estimated growth of the Gross Domestic Product (GDP) in Peru is “mediocre”; however, it is located in a better position compared to the rest of the countries in Latin America. Along these lines, he warned that the […]
Fed’s Kashkari Warns Bank Troubles Not Over
The President of the Federal Reserve Bank of Minneapolis, Neel Kashkariwarned that although it may seem that the worst of the banking sector tensions is over, history shows that more problems cannot be ruled out. “It is too early to say that everything is behind us” and argue that actions by the Fed, Treasury and […]
Proof of non-debt: how to request it for FREE to request new loans?
In it Peru there is an open financial system, so it is easy to grant credit because there is information on the market about the behavior of debtors. Therefore, keep on hand the certificate of non-debt It is essential, since it indicates that the person paid the entire loan. It should be remembered that those […]
How much would the dollar close in 2023, according to a BCRP survey?
According to the recent survey of macroeconomic expectations prepared by the Central Reserve Bank of Peru (BCRP), the projections provided by economic actors on the exchange rate in our country fell in March. How much would the dollar close this 2023? Thus, the North American currency for the purposes of the 2023 would close between […]
Can they garnish your salary if you have debts with the bank?
In it Peru there are thousands of people who drag debts in financial institutions without having the possibility, or in many cases the willpowerto cancel them. According to SBS, more than 90% of debtors in the banking system are concentrated in mortgage and consumer loans. Faced with a delinquency scenario, many wonder if it is […]
Latin America has a “very resilient” financial system, says IDB president
The president of the Inter-American Development Bank (IDB), Ilan Goldfajn, said on Wednesday that Latin America has a financial system “very resilient and supervised”, after the uncertainty generated after the collapse of Silicon Valley Bank (SVB) and problems with financial institutions in the United States and Europe. The recent bankruptcies of BLSvalued at US$ 209,000 […]
Banco de la Nación will offer loans to ONP pensioners: how much are the loan amounts?
More than 500,000 pensioners from the Pension Standardization Office (ONP) will benefit from the credits offered by Banco de la Nación, exclusively for this group, thanks to an inter-institutional collaboration agreement. What is this financial offer for half a million older adults? What are the amounts of loan? Keep reading this note. According to the […]