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AmericasJanuary 31 2023

Peru’s banking system to grow says finance minister

The banking industry in Peru is nascent but stands to benefit from planned government measures, explains Alex Contreras, minister of economy and finance. Barbara Pianese reports.
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Peru’s banking system to grow says finance minister

Last week, Peruvian minister of economy and finance, Alex Contreras, presented the economic and investment outlook for Peru to a conference in London.

The banking industry in Peru is still small compared to neighbouring countries such as Chile, Colombia or Mexico and government actions that aim to formalise the economy should bring much improvement, he told The Banker.

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Barbara Pianese is the Latin America editor at The Banker. She joined from Mergermarket, where she spent four years covering mergers and acquisitions across Europe with a focus on the consumer sector. She holds an MA in International and Diplomatic Affairs from the University of Bologna having studied in Brazil and France as well.
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