Elizabeth Huanca Urrutia and correspondents Edgar Condori fears losing his life savings and that of his parents. He is a merchant and more than ten years ago he opened a fixed-term account in the Savings and Credit cooperative, Credicoop-Arequipa. It accumulated more than S / 300 thousand. Today the destination of your money is uncertain. […]
Tag: sbs
Credicoop Arequipa denies bankruptcy and accuses the SBS of abuse after intervention
Representatives of Credicoop Arequipa they pronounced and denied the bankruptcy of the cooperative, this after the intervention, this Tuesday, November 30, of the Superintendency of Banking and Insurance (SBS) and the suspension of operations of the 96 agencies they have nationwide. “What the superintendency has done is an abuse against us, because we have been […]
Credicoop Arequipa clients fear losing savings after cooperative bankruptcy
Jorge Cárdenas was on his way to the Credicoop Arequipa to withdraw S / 80,000 from his savings when, upon arrival, he was surprised by the intervention of the Superintendency of Banking and Insurance (SBS) that occurred on Tuesday, November 30. The adult over 75 years of age was over S/ 100.000 saved as a […]
SBS Mayor confirms that Credicoop Arequipa went bankrupt
Credicoop Arequipa, which has 96 agencies nationwide, went bankrupt. This was confirmed by Mario Zambrano, superintendent of supervision of cooperatives of the Superintendency of Banking and Insurance (SBS), the same one that said financial savings and credit entity intervened this Tuesday, November 30. The SBS action implies the suspension of Credicoop’s operations, given the total […]
SBS intervenes and suspends attention at Credicoop Arequipa headquarters nationwide
To the surprise of hundreds of clients of the Savings and Credit Cooperative-Credicoop Arequipa, the agencies nationwide were intervened this Tuesday, November 30 by the Superintendency of Banking and Insurance (SBS). The reason is the total loss of the capital stock and the cooperative reserve, as specified in SBS Resolution No. 03904-2021. This implies the […]
Profitability of AFP funds would close the year in positive
According to the latest figures from the Superintendency of Banking, Insurance and AFP (SBS), private pension funds have returns of between 1.03% and 24.43% measured at 1 year; while considering the 3-year yield, it ranges between 2.89% and 7.54%. Taking into account the trend and with a view to the end of the year, Gino […]
Financial credits reach pre-pandemic levels
After 17 months into the COVID-19 pandemic, the loan portfolio -without considering government programs- reached pre-pandemic levels, according to the Superintendency of Banking, Insurance and AFP (SBS). In detail, corporate loans are already growing above their pre-pandemic level since May 2021 and are above pre-pandemic. Like mortgage loans, which were the least affected, with an […]
CTS accounts: interest rates remain at a maximum of 6.9%
On these dates, companies have the legal obligation to deposit their workers on their payroll their second Compensation for Time of Services (CTS) of the year, which must be effective until November 15 at the latest. This benefit is paid into a special account in the financial institution chosen by the worker, either for greater […]
Infocorp is not the only one: other credit bureaus where you can be reported for debts
The Central risk are companies that are in charge of managing the credit reports of all citizens, including their debts, loans or credits. This is an essential function, since it helps the financial system to decide who is suitable to acquire bank obligations and who is not. In Peru, Infocorp is the best known credit […]
AFP disbursed more than S / 29 billion to contributors with Law 31192
The Private Pension Fund Administrators (AFP) disbursed exactly 29,880 million of suns to its affiliates, from their pension savings to first week of the month of September. For this, they followed the faculties that are arranged in the Law 31192, as reported by the Superintendency of Banking, Insurance and AFP (SBS) last Sunday, October 30. […]