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Latest articles from Peru

Peru protests 2020

Pandemic and political upheaval weigh on Peruvian banks

November 20, 2020

Bad loans expected to show up on banks' balance sheets in 2021, according to S&P Global.

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Banking optimism prevails as Peru falters

February 5, 2020

Despite sluggish economic growth and political turmoil in the country, Peru’s banks continue to perform impressively.

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Peru’s finance minister shrugs off stability concerns

August 1, 2018

Following his predecessor’s resignation, Peru’s new finance minister Carlos Oliva talks to Silvia Pavoni about achieving political stability and the potential of public-private partnerships.

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Peruvian banks face digital challenge as cash appeal endures

July 4, 2018

A change of president and an uptick in GDP is cause for optimism in Peru. However, as the economy improves, the country’s banks face a challenge in prising citizens away from their traditional faith in cash. Silvia Pavoni reports.

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Alfredo E Thorne: Priming Peru’s new engines of growth

January 2, 2017

Economic growth in commodity-dependent Peru is unlikely to surpass 5% in 2017, prompting the Kuczynski government to devise a plan to boost the economy that focuses on investment in infrastructure and improved productivity. 

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Peru targets financial and social inclusion through e-wallet initiative

July 1, 2016

The culture of informal work is a topic that Peru’s new president, Pedro Pablo Kuczynski, is promising to tackle, and which banks are already addressing through financial inclusion initiatives such as the creation of a pioneering, sector-wide e-wallet. Silvia Pavoni investigates its potential to ease one of the country's main pressure points.

What all regulators must do to promote financial inclusion

January 25, 2016

The annual Microscope global report on financial inclusion provides a kind of open-source regulation for fostering the right environment to give everyone access to banking and credit services, wherever they are, writes Michael Schlein, president and chief executive of Accion. 

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Lima Stock Exchange chief: how Peru avoided a downgrade

November 2, 2015

In September, Peru risked losing its emerging market status and being downgraded to frontier by stock indices provider MSCI. Lima bourse’s chairman, Christian Laub, explains what it would have meant to the country – and how it managed to hold on to its rank.

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Top 200 Latin American banks ranking 2015: Argentina and Brazil press on in hard times

November 2, 2015

The Banker’s Top 200 Latin American banks ranking for 2014 sees Brazilian institutions stay on top, while Argentina maintains its status as most profitable, despite mounting challenges. 

TPP to benefit a third of global economy

October 12, 2015

Signatories hope the landmark trade deal will bolster trade worldwide after a tepid recovery from the crisis.

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