In order to promote economic resilience and contribute to Peruvian growth. Join the La República WhatsApp channel Price of the dollar today in Peru: what is the exchange rate for this Wednesday, March 21 Loro Piana charges $9,000 per vicuña sweater and Peruvian community members voluntarily shear the wool Through the ScotiaRISE Impact Fund, Scotiabank […]
Tag: scotiabank
Sale of Scotiabank in Peru: company pronounces on a possible cessation of operations in the country
Scotiabank in Peru is a banking entity that is part of an international financial group originating from Canada. This bank offers a wide variety of financial services and products to both individuals and companies. Among its offers are savings and checking accounts, personal, mortgage and business loans, as well as investments and insurance. Recently, foreign […]
Joint profit of 5 banks reached S/26 million per day in 2023
The joint net profit of five large banks in Peru was S/9,821 million in 2023, equivalent to S/26 million net profit per day. Meanwhile, the levels of its economic profitability (ROA) and profitability per shareholder (ROE) reached peaks of up to 3.63% and 62.74%, respectively. These five banks are BCP, BBVA, Scotiabank, Interbank and the […]
The situation of the projects that will boost mining investment by 6% in 2024, according to Scotiabank
The Department of Economic Studies of Scotiabank estimated that, this year, mining investment in Peru will take off 6% compared to 2023, largely thanks to five large projects that will boost around US$5 billion. What are these projects? According to the Scotiabank Weekly Report for February, these five projects will be Toromocho Phase II Expansion, […]
What is the maximum amount for interbank transfers in BBVA, BCP, Interbank and others?
If you are wondering what is the maximum limit for interbank transfers in entities such as BBVA, BCP, Interbank and Scotiabank, you are in the right place to find the answers. Interbank transfers are a fundamental tool in modern financial management, but it is important to know the limits established by each bank to avoid […]
Peruvian savings recover from the end of 2023
The savings of Peruvians grew 5.7% at the end of 2023, and managed a flow of S/10,545 million, according to Scotiabank. However, they have not yet recovered compared to the historical average of S/11,000 million—except for the pandemic—and where growth amounted to 10.0%. Meanwhile, the stock reached was S/194.3 billion. In November, The entity reported […]
Scotiabank will charge S/10 for balance inquiries and transactions at banking agents starting in April
Through an email, various Scotiabank users learned of the new conditions and rates that this banking entity will charge starting next Monday, April 8 of this year. One of the main modifications is the payment of S/10 commission for making a balance and movement inquiry with agents. If you want to know the new Scotiabank […]
Scotiabank: Peru’s GDP in November will still register negative figures
The Scotiabank Economic Studies Department estimated that, by November 2023, the Peruvian GDP will continue to “register negative figures, although to a lesser extent than in October.” According to the Weekly Report of the Canadian Capital Bank, this result “would continue to be explained by the weakness of domestic demand”, particularly private investment that has […]
Peruvian savings slowed in the third quarter
People’s savings in banks and financial institutions lost strength in the third quarter of 2023, according to Scotiabank’s recent economic report. Although there is growth in the sector due to the rise in term deposits – even to historical levels – in savings accounts, which account for 50.5% of total savings, they do not stop […]
They urge the BCRP to further reduce the reference interest rate
With the pandemic, the Central Reserve Bank of Peru (BCRP) raised the reference interest rate to the 0% threshold to make credit cheaper and re-boost the economy; However, the overflow of liquidity—aggravated by global factors such as the Russia-Ukraine war—raised the inflation to levels not seen in more than 20 years. The interest rate, before […]