The 40th anniversary of the establishment of formal relations between the governments of China and Peru was marked in 2012, underlining a longstanding relationship that has become increasingly important as time has gone on. In recent years bilateral relations have grown significantly. Trade between the two countries has increased sharply in...
Significant growth has been achieved in the banking sector over the last several years as more and more low- and middle-income Peruvians gained access to an increasing number of financial products specifically tailored to suit their needs and incomes. According to statistics published by the Superintendency of Banking, Insurance and Private Pension...
Given impressive growth figures and high profit margins, a number of international banks have expressed their interest in entering the domestic market. For the moment, however, the country’s banking sector is a consolidated one. While there are 15 banks, a significant majority of the sector’s assets are held by the “big four”, which together account...
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