The new year brought with it the lock for the free withdrawal of the Compensation for Time of Service (CTS), created in the pandemic for families to face the crisis, and which was extended until December 2023. Once the health catastrophe has passed, since Congress of the Republic is fighting to authorize a new provision. […]
Tag: savings
How to collect the money that my deceased relative has in the bank?
Faced with the sensitive loss of a loved one, the inevitable question arises about the destination of your savings in the bank. The Superintendency of Banking, Insurance and AFP (SBS) regulates the handling of these cases and provides clarity over a deceased relative’s funds. However, for this delicate process it is necessary to clearly understand […]
Congress willing to focus the withdrawal of pension funds
In the Congress of the Republic, the discussion of a new withdrawal from the AFP has been put back on the agenda as an immediate option that can counteract the effects of inflation on families’ monthly income. He Executive power He has already given signs that he will support this measure as long as it […]
They propose to eliminate the AFPs to return 100% of the contributions
On the verge of resuming the discussion on the pension reform, Congressman Américo Gonza, from the Perú Libre bench, has presented a drastic proposal: eliminate the private system created by Decree Law 25897, which is made up of four Private Fund Administrators Pensions (AFP). These are AFP Integra —which brings together the largest number of […]
BCP and Pilsen: why did both companies merge their logos? Here we tell you
BCP and Pilsen surprised many by launching a new logo on their social networks. It is a fusion of both taking advantage of the fact that they have the letter ‘p’ in common. A few hours later they revealed what is behind this unique proposal, which captured the attention of many users, including followers and […]
World wealth fell in the last year, according to Credit Suisse-UBS
The world wealth declined in 2022 for the first time since 2018 mainly due to the appreciation of the dollar against several currencies and inflation, which caused a reduction in private net worth of $11.3 billion or 2.4% less than the previous year, according to the report annual wealth report from Credit Suisse-UBS bank. Financial […]
Interbank fined S/574,200 for changing the type of account to user
Interbank was penalized with a fine of S/574,200 (11.6 UIT) for not having informed a client about the modification of her contract and the change in her type of account, in accordance with resolution No. 1827-2023/CC1 of the indecopi to which The Republic agreed. On May 3, 2019, the affected user opened an account “Ahorro […]
Fixed-term deposits: which financial institutions pay you the most to save your money?
For those who have a surplus money and they are thinking of saving it in some entity of the financial system, one option is fixed-term deposits. Therefore, in this note, we will provide you a bank tour so that you know which finance companies, municipal savings banks and banks —regulated by the Superintendency of Banking, […]
Rescheduled loans fell to just 3% in March
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 […]
Where should I have the CTS? Three factors that you should consider when choosing the financial institution
There is one week left for the expiration of the term that companies have to deposit the Compensation and Time for Services (CTS). In this context, thousands of workers will have the possibility to withdraw 100% of this money extra, whose free availability, according to the law 31480, extends until December 31, 2023. However, there […]