All News and Announcements
Peru to Broaden Financial Inclusion by Strengthening Bank of the Nation
The Inter-American Development Bank has approved a $40 million loan to support the digital transformation of Peru’s Bank of the Nation so it can expand financial and social inclusion in the country.
10 U.S. Credit Union Peers Participate in Credit Union Immersion Journey Across Peru and Ecuador
Funded by USAID and implemented by WOCCU, the Economic Inclusion Program aims at providing economic opportunities and financial services to assist both Venezuelan migrants and refugees and their host communities.
IFC and Protecta Security Announce Issuance of a $25 M Dollars Subordinated Bond to Increase Access to Insurance in Peru
The financing will help Protecta Security focus on lower-income segments through digital channels and the development of exclusive insurance products for women, a milestone in Peru.
i2C and Banco de Credito Launch iO Banking App in Peru
Leveraging i2c‘s unified banking and payments technology, iO offers a range of features and benefits to its users, aiming to redefine the digital banking experience in Peru.
IFC Announces $50 M Loan to Caja Arequipa to Promote MSMEs in Peru
The loan will benefit more than 20,000 clients of Caja Arequipa, which will contribute to the development of the most vulnerable sectors of Peru in the context of the economic recovery after the COVID-19 pandemic.
IFC Announces Loan of up to $100M to Mibanco to Support MSMEs and Women in Peru
The investment will allow the bank to strengthen its lending operations for women-owned micro, small, and medium enterprises in the underserved regions of the country.
Financiera Confianza and IFC Sign Agreement to Promote Financial Inclusion With a Gender Approach for Migrants in Peru
The agreement between Financiera Confianza and IFC contemplates the instrumentation of tools that allow a closer knowledge of the needs, challenges, preferences, experiences and aspirations of foreign men and women residing in Peru in everything related to the use of financial services.
IFC and Compass Group Announce Investment for up to $21 Million to Help Micro and Small Peruvian Enterprises
The International Finance Corporation (IFC) and Compass Group have announced an alliance to channel working capital to hundreds of Peruvian companies from multiple economic sectors which have been severely impacted by the economic crisis generated by the COVID–19 pandemic.
Symbiotics Launches First $10.25 Million Social Bond With Cooperativa de Ahorro y Crédito ABACO in Peru
The proceeds of the Social Bond will be used to finance small and medium-sized enterprises within the trade, services and agriculture sectors, in particular the food industry, commercial stores and farms.
BBVA Microfinance Foundation’s Institutions Establish Measures for the 2.2 Million Entrepreneurs It Serves During the Health Crisis
Aligned with its social purpose and in light of COVID-19’s progress in Latin America, BBVA Microfinance Foundation’s six institutions in five countries in the region have adopted urgent and necessary measures to help its 2.2 million clients cope with this situation.