The banking crises of the 1980s and 1990s have left Peru with a highly concentrated, conservative banking system that is on one of the region’s most solid foundations, boasting strong capital and liquidity.
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Articles & Analysis | Solid financials and operations position Peruvian banks for expansion from The Report: Peru 2019
The Peruvian insurance market as a whole returned to profitability in 2018, following losses and anaemic...
Chapter | Capital Markets from The Report: Peru 2019
While the economy has increased three-fold since the turn of the century, capital markets have not proved...
The banking crises of the 1980s and 1990s have left Peru with a highly concentrated, conservative banking system that is on one...
Peru has seen relatively stable economic growth and significantly reduced the number of people living in poverty. Still, there have been multiple cases of corruption, but the government of President Martín Vizcarra Cornejo, who took office in 2018, has focused efforts on combatting this and stabilising the political climate. Nevertheless, challenges to ensuring sustainable development remain.
The latest step in the liberalisation of Myanmar’s financial services sector has seen the Ministry of Planning and Finance give five foreign insurance providers the provisional right to launch wholly owned life insurance businesses in the country.