After the recent approval of the withdrawal of funds from the Pension Fund Administrators (AFP) in Congress, many people are wondering what the next step is to request and access up to four tax units (ITU), equivalent to S/20,600, in order to mitigate the impact of the economic crisis. The withdrawal, the seventh of its […]
Tag: sbs
With how many days of delinquency do banks classify the debtor as having “potential problems”, according to the SBS?
The Superintendency of Banking, Insurance and AFP (SBS) plays a crucial role in overseeing the Peruvian financial system by ensuring that financial entities maintain healthy and transparent practices. One of its most important tools is the SBS Debt Reporta document that reflects your credit history monthly and helps you maintain control over your financial health. […]
Error transferring money to a bank account: can the operation be cancelled?
Bank transfers are a way to send your funds to another person or entity. To do this, you need the recipient’s exact account number. However, due to haste or inattention, it is possible to make a mistake when entering the number, resulting in the money reaching the wrong person. Although there are security measures that […]
SBS: savings in cooperatives will only be protected from 2025
The Cooperative Deposit Insurance Fund will cover up to S/10,000. Join the La República WhatsApp channel Price of the dollar today in Peru: what is the exchange rate for this Tuesday, March 19 Loro Piana charges $9,000 per vicuña sweater and Peruvian community members voluntarily shear the wool The Superintendency of Banking, Insurance and AFP […]
Is it mandatory to present your ID to pay by credit card?
In today’s world, most people have a credit card to make your regular purchases or some that involve paying high amounts. Sometimes they ask for ID to make the payment, but other times they don’t. So, is it mandatory to present your identity document? The answer is not as simple as it seems. To understand […]
How do I know if my deceased relative had money in their AFP or bank?
The loss of a loved one is always a difficult time and financial worries can add stress to the situation. If you wonder if your deceased relative had money in their AFP or bank, the Superintendency of Banking, Insurance and AFP (SBS) offers a solution. With the Informed Heirs service, you can access this information […]
After how long does my debt no longer appear in Infocorp?
Infocorp is an entity in Peru that is responsible for collecting information from the Superintendency of Banking, Insurance and AFP (SBS) on debts and credit behavior of citizens. Therefore, if you are thinking about requesting a loan, it is vital that you review your debt report so that you can protect your financial security. However, […]
What are the entities that are not authorized to raise money in Peru, according to SBS?
During 2023, the Superintendency of Banking, Insurance and AFP (SBS) registered a total of 1,847 complaints related to financial informality schemes. Likewise, it issued alerts about 78 illegal loan applications, 10 businesses that do not have proper authorization and four companies that offer fraudulent loans. This situation seems not to have changed much at present, […]
SBS declares the dissolution of the Bienestar Perú cooperative
The Superintendence of Banking and Insurance (SBS) has ordered the dissolution of the Wellbeing Peru Savings and Credit Cooperative due to the total loss of share capital and the cooperative reserve, which was determined based on the financial information reported by the entity and the permanent supervision actions carried out by the SBS. As of […]
They authorize the operation of a new financial institution in Peru: what is it?
According to the official portal of the Superintendency of Banking, Insurance and AFP (SBS), there are eight financial entities. However, this could change after the publication of the SBS Resolution No. 00169-2024, in which they allow the operation of a new one. This is because – according to the document – it has complied with […]