Banco de Crédito del Peru’s headquarters, in the country's capital Lima, oozes wealth. Outside of the building, in the desert climate of the city, an artificial waterfall cascades into pools bordered by tropical flowers. Inside, the walls are dotted with pre-Columbian art, just a small part of a much larger collection.
Banks throughout the country are riding Peru's buoyant economy, trying to catch up with their counterparts in the rest of Latin America. A number of factors are in their favour: a strong gross domestic product (GDP) and investment outlook, a woefully underbanked population, a small number of large banks, and fast-growing capital markets.
