Financial institutions in Peru, which include banks, municipal and rural boxes, as well as financial entities, maintain intense competition in 2025. These organizations seek to attract a greater number of clients through the offer of attractive interest rates for the attractive interest rates for Fixed Term Deposits. Fixed term deposits in entities supervised by the […]
Tag: sbs
SBS approves Crediting Risk Management Regulations: Greater protection for dollars?
The Superintendence of Banking, Insurance and AFP (SBS) approved the new management regulation of Credit exchange risk (RCC) using SBS resolution No. 00774-2025. This risk affects debtors who have income in soles and debts in dollars, whose repayment is affected if the exchange rate is increased. It is a measure for financial institutions to be […]
Municipal Boxes begin the 2025 in positive: all recorded profits for S/36 million
The 11 municipal savings and credit boxes operating in the Peru They reached a total of S/36 million 206,000 in Utilities at the beginning of this 2025. This result implies a strong increase of 190% compared to what was obtained in January 2024 (S/12 million 489,000). In detail, nine boxes recorded an increase in their […]
AFP: SBS adjusts rules to improve evaluation and disability pension procedures
Within AFP benefits, disability coverage is part of the social protection scheme linked to the loss of capacity for work. The Superintendence of Banking, Insurance and AFP (SBS) modified the standards on benefits linked to the Disability Evaluation System (SEI) of the Private pension system (SPP). Within the AFP services, disability coverage is part of […]
If a relative died, so you can know if he left money in his bank account, AFP contributions or insurance in Peru, via SBS
When a loved one dies, in addition to emotional suffering, it is necessary to face various legal and financial responsibilities. One of the most relevant is the administration of savings and contributions in the AFP that the deceased person has left, in addition to their deposits, insurance, credit situation and affiliation to Private pension system […]
These are the best rates to make a fixed -term deposit in Peru: banks and boxes with striking interests, via SBS
Financial entities in Peru, composed of banks, municipal and rural, and financial boxes, continue to compete in 2025 by offering competitive interest rates for fixed -term deposits with the aim of attracting more customers. For those who have available capital and do not need to use it in the short term, fixed -term deposits in […]
SBS intervenes to Cooperativa de Savings y Crédito La Summit for patrimonial loss of S/429,000
The Superintendence of Banking, Insurance and AFP (SBS) submitted to the intervention regime to the Savings and Credit Cooperative La Summit for the total loss of your Share capital and of the cooperative reserve. The measure was adopted through SBS resolution No. 00641-2025 published Thursday in the Official Gazette El Peruano. After the evaluation of […]
INDECOPI authorizes Banco Santander the purchase of 100% Crediscotia
With this approval, the necessary regulatory authorizations are completed for the operation between Santander and the subsidiary of Scotiabank. The National Institute for the Defense of Competition and the Protection of Intellectual Property (INDECOPI) gave the green light to Banco Santander for the buys 100% of the representative shares of the share capital of Financial […]
SBS urges cooperatives to adopt exceptional measures for debtors affected by climatic phenomena
The Superintendence of Banking, Insurance and AFP (SBS) reminded the savings and credit cooperatives not authorized to receive resources from the public (COOPAC), the validity of the exception measures, established in the multiple trade No. 29470-2023, which can be applied to the credits of their debtors affected by the statement of the state of emergency […]
Caja Los Andes agrees purchase of the alternative credit company for S/42 million
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 […]