The monthly premium charged by microinsurance in the local insurance market may not exceed 0.6% of the Tax Tax Unit (UIT), or about S/30.90 in 2024, reported the Superintendency of Banking, Insurance and AFP (SBS). ). SBS Resolution No. 01438-2024 modifies the microinsurance policy regulations, established by SBS Resolution No. 2829-2016, to update and incorporate […]
Tag: S.B.S.
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 […]
Executive enacts AFP withdrawal law: since when could you withdraw your money?
As announced by Minister José Arista, the Executive Branch promulgated the rule that allows affiliates withdraw up to 4 UIT from your pension funds. The AFP withdrawal law was enacted: what is known about the schedule and in how many parts would the disbursement of 4 UITs be made? AFP Retirement 2024: How do I […]
The dollar begins to decline today, Tuesday, April 9, and stands at S/3.6875
The dollar began today’s day, Tuesday, April 9, 2024, at S/3.6875, that is, S/0.0875 less than yesterday’s close reported by the Central Reserve Bank of Peru (BCRP). At the beginning of this week, in the streets of Jirón de la Unión, the dollar stood at S/3.66 for purchase and S/3.69 for sale; while in the […]
What are the expenses and commissions that financial companies cannot charge you, according to the SBS?
Learn more about the types of charges that cannot be made for financial transactions in Peru. Price of the dollar in Peru today: what is the exchange rate for this Thursday, April 4 S/500 bonus in April 2024: check the requirements and how to know if you are a beneficiary Financial movements are always essential […]
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: […]
Deposit Insurance Fund drops to S/122,420 for the period March – May 2024
The SBS updated the maximum coverage amount of the Deposit Insurance Fund to S/122,420 for the period March 2024 – May 2024, reducing the amount of the previous quarter by S/1,390 (it was S/123,810 for the period December 2023 – February 2024). As a consequence, the savings accounts, time deposits and CTS accounts that people […]
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 […]
How do I know if I am in ONP or AFP? Check HERE which pension system you belong to
When you begin your career, you face a crucial decision: select the pension system to which you will contribute month by month to ensure your future when you retire. You have two main options: the Private Pension System (SPP), managed by the Pension Fund Administrators (AFP), and the National Pension System, managed by the Pension […]
Avoid scams! SBS warns of false messages to modify credit report: how to identify it?
The Superintendency of Banking, Insurance and Private Pension Fund Administrators (SBS) issued a warning about a recent wave of fraudulent text messages that several users have been receiving. These communications are made in the name of the entity and provide information about changes in credit rating, a deceptive offer that seeks to take advantage of […]