The Superintendence of Banking, Insurance and Private Administrators of Pension Funds (SBS), Through resolution SBS No. 00348-2025, he authorized the conversion to Banco de Compartamos Financiera under the denomination Share Banco S. and/or the abbreviated denomination Compartamos Banco. In that sense, it is arranged that the corresponding Certificate of Authorization of Operation by Conversionwhich must […]
Tag: sbs
Municipal Boxes win S/399 million, but three drag losses and are observed by the SBS
At the end of 2024, the municipal savings and credit boxes in Peru, financial arm of micro and small businesses (Mypes), registered a total of S/399 million in their earningswhich implied a growth of almost 50% compared to the year 2023 that obtained S/266 million. “It is a general recovery for the economy of 2024, […]
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 […]
These were the AFP funds that had greater profitability during 2024, according to the SBS
2024 was a year marked by volatility in financial markets, but, despite this, the funds administered by the AFP They managed to close mostly positively. According to the Superintendence of Banking, Insurance and AFP (SBS), the Profitability of pension funds It had a differentiated behavior according to each other’s level of risk. The results showed […]
Boxes and financial in Peru besieged by crime: illegal and extortion ‘bank’ moves s/8,000 million
The Peruvian Federation of Municipal Savings and Credit Boxes (FEPCMAC) warned that “the overflowing crime” in the country has seriously hitting microfinance constituted by municipal boxes and rural, financial and development entities of the small and Microenterprise (EDPYMES). The head of the guild, Jorge Solís, denounced that cases of extortion and threats directed not only […]
Do debts registered in the SBS risk center expire? This is what you should know
Debts are always a factor of great concern, especially when they fluctuate in large numbers that become very difficult to pay. Therefore, it is important to know about the legal provisions, for example, the Peruvian Civil Code expresses about the prescription of debts, as does the SBS. Therefore, the question arises regarding this last entity: […]
How many years does a bank debt expire? Check what the Civil Code in Peru states
In Peru, the statute of limitations on a bank debt refers to the time during which a financial institution has the right to claim payment of a debt. Once this period has elapsed, the debtor can request the extinction of the obligation. It is important to know these deadlines to avoid unpleasant surprises and to […]
Sergio Espinosa Chiroque is ratified as superintendent of the SBS in the Permanent Commission
On Wednesday, July 24, the Permanent Commission of Congress ratified the appointment of Sergio Espinosa Chiroque as Superintendent of Banking, Insurance and Private Pension Fund Administrators (SBS). With 22 votes in favor, four abstentions and only one against, the parliamentarians revalidated this decision adopted by the Executive Branch through Supreme Resolution No. 167-2024-PC. And it […]
Caja Piura will serve former Caja Sullana customers after complaints about delays: see the schedule and dates
Following the intervention of the Superintendency of Banking, Insurance and AFP (SBS) in the Sullana Municipal Savings and Credit Bank, Piura Box has assumed responsibility for all clients, assets and liabilities of this entity. The intervention was due to the accelerated deterioration of the solvency of Caja Sullana, which led the SBS to take measures […]
Why did the SBS intervene in two savings and credit cooperatives in Peru and which ones are they?
Join the Whatsapp channel In recent days, the Superintendency of Banking, Insurance and AFP (SBS) has launched an intervention process in two savings and credit cooperatives due to irregularities detected. These actions have generated concern among the members of these entities and the general public. The measures adopted by the SBS are part of an […]