Capital market growth underscores the need for greater liquidity The development of Peru’s capital markets continues apace, driven by the growing number of increasingly sophisticated local institutional investors. The growth of private pension fund administrators ( Administradoras de Fondos de Pensiones, AFPs), life insurance companies and mutual...
The microfinance industry has played an important role in improving social development, despite facing challenges in recent years The centrality of microfinance to Peru’s economy extends beyond its contribution to banking profits, given its role in reducing poverty, accelerating formalisation of the workforce and bringing growth to regions...
The banking industry looks set to achieve its full potential in the coming years, outperforming other sectors of the economy With a record of consistent profitability and credit growth, the banking sector has benefitted from economic expansion in the past decade. Strong regulations are credited with having ensured that banks made it through the 2008...
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