The Rural Savings and Credit Fund The Andes announced the signing of a contract with the Savings and Credit Cooperative ABACO Y DIVISO Financiero for the acquisition of 94,054% of the shares of Alternative credit company. The transaction, which means a step of expansion of Los Andes box In the microfinance sector, it is valued […]
Tag: savings
SBS registered 1,054 complaints of illegal financial practices: 70% is due to extortion loans applications
In a context in which the illegal, informal and extortion “bank” moves S/8,000 million in the market, according to the denounced the microfinance; The Superintendence of Banking, Insurance and AFP (SBS) explained that during 2024 they received a total of 4,014 communications on consultations and Complaints of informal money collection activities. In detail, the regulatory […]
Three municipal savings and credit boxes closed with loss of S/10 million, and which financial entity won more?
At the end of 2024, the municipal savings and credit boxes in the Peruwhich are the financial arm of the micro and small businesses (MYPES), registered profits of S/399 million, which implied a growth of about 50% compared to the 2023 year (S/266 million). According to data from the Superintendence of Banking, Insurance and AFP […]
SBS Closing Informal Financial Entity in Lima and the complaint criminally for illegal money
The Superintendence of Banking, Insurance and AFP (SBS) closed the office where the company had been operating Lima Capital Group Sac. in compliance with its constitutional mandate of precautionary public savings and with the intervention of the Public Ministry. As verified by the supervisory entity, the aforementioned institution had been promoting and carrying out activities […]
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 […]
CTS retreat: Congress presents 9 projects to restore free savings availability
So far this year, nine bills have been presented in Congress that seek to authorize a new 100% retirement of compensation for services time (CTS). The last one entered the documentary process of Parliament this Tuesday, January 28 and its author is the legislator Paul Gutiérrez of the Magisterial Block, who proposes to restore this […]
Fixed-term deposit: these are the banks in Peru that pay the most for saving your savings in July 2024
In the first months of 2024, competition among Peruvian banks has intensified significantly. The need to attract more customers has led to the financial entities to improve their offerings interest rates in term deposits. This strategy not only seeks to increase its customer base, but also to strengthen its position in the national financial market. […]
Caja Piura asks Caja Sullana savers to remain calm: “funds are guaranteed”
Caja Piura, which was appointed yesterday by the Superintendency of Banking, Insurance and AFP (SBS) to manage the loan and deposit portfolio of the intervened Caja Sullana, asked the latter’s savers to remain calm, pointing out that their funds are guaranteed thanks to the solvency and liquidity of Caja Piura. “In the coming days, Caja […]
Are you looking to make a fixed deposit? This SBS tool gives you the TREA of all financial entities
If you want your savings to increase in a year, it is necessary to know which financial institution offers you the best benefit. With the little-known tool that we will show you below you can make the best decision regarding your money. Join the WhatsApp channel The Superintendency of Banking, Insurance and AFP (S.B.S.) is […]
Minimum pension will be S/600 and cooperatives will raise funds
The reform of the pension system is simmering, after the opinion, of more than 400 pages, which brings together 71 projects, was not addressed in the last session of the Congressional Economic Commission. César Revilla, head of the group in question, alleges that they will seek to “discuss it as soon as possible,” considering that […]