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 […]
Tag: scotiabank
Construction sector would only recover in the second quarter of 2024, according to Scotiabank
Scotiabank projected that the construction sector would recover only in the second quarter of 2024, after the 9.6% drop in August of this year that contracted the sector 9% in the first eight months. According to the bank, the results were below initial expectations, especially due to the low consumption in that period of cement […]
Scotiabank revises its inflation forecast in Peru downward from 5% to 4.6% in 2023
The Department of Economic Studies of the Scotiabankrevised its inflation projection downward for 2023 from 5% to 4.6%, due to the trends that have occurred in the variation of prices, below expectations. “Inflation and inflation trends have been below what we expected over the last three months, reaching in September the inflation rate we expected […]
Francisco Sardón will leave the management of Scotiabank: he leaves the company after 19 years
Scotiabank announced that Francisco Sardon he left the general management of the entity’s subsidiary in Peru and completely dissociated himself from the Canadian bank, of which he has been a part for the last 19 years: 8 of them in the management of its branch located in Chile. Philip Seymour he will assume the position […]
Which banks offer salary advance and what is the interest?
Not many people know that in some banks you can order salary advance. This is basically a loan that you can request from the bank if you have a salary account. This amount will depend on the salary you receive monthly, in addition to the bank fees. However, like any loan, it is subject to […]
Construction would have fallen more than 10% in the first quarter
The construction it is the economic sector with the worst performance so far this year. In the first quarter, its production contracted 11.5%, according to the National Institute of Statistics and Information (INEI). Only in March it fell 12.4%, its lowest result since July 2020 (-12.8%). The negative trend would have continued in April, with […]
What to do if the ATM gives me an amount less than what I requested?
we usually use ATMs constantly to withdraw money from our bank accounts. But it also happens that sometimes we can have difficulties when making these transactions. Have you ever thought what would happen if he ATM Does it give you an amount less than what you requested? For this reason, and so that you are […]
What can I do if I receive counterfeit bills from the ATM?
When you take money out of ATM of the bank, usually does not think that something could go wrong. The worst thing could be that there are no bills of the amount you require. But have you ever thought about what would happen if on one occasion the ATM gave you a counterfeit bill? For […]
Fixed-term deposit: which banks, finance companies and municipal savings banks pay the best rates in March?
who have a surplus money they usually save it under the mattress, in savings accounts, mutual funds or time deposits. In this note we offer you a bank tour so that you know which finance companies, municipal savings banks and banks — regulated by the Superintendency of Banking, Insurance and AFP (SBS) — best remunerate […]
Who can I give an additional to my credit card and how many can I request?
You have a credit card and have they offered you an additional one? We offer you some scope in this regard. One of the products granted by banks and with greater acceptance by the public is the credit card. This payment method, in many cases, can be requested by bank customers; however, in other circumstances […]