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  • Peru overhauls 'cuenta basica' rules

    7/31/18
    Peru has updated rules governing a special type of savings account that lenders were first authorized to offer in 2011. The accounts, known as cuentas basicas (basic accounts), were introduced as part of efforts to increase...

  • Peru cooperatives bill signed into law

    7/18/18
    Peru's President Martín Vizcarra signed into law a bill that authorizes financial services watchdog SBS to regulate the country's loans and savings cooperatives. SBS chief María Socorro del Heysen has welcomed the new legislation. ...