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  • Peruvian SMEs start using Bim mobile wallet

    Over 300 small store owners in the Peruvian cities of Lima and Piura have become the first users of the mobile wallet service known as Bim, a joint venture between Peru's national bank association Asbanc and the Latin American...

  • Peru amends insurer investment rules

    Peru's financial services watchdog SBS has amended investment rules that apply to insurance companies. The aim is to help enhance risk management, SBS said in a statement. Under the amended framework, insurers are authorized to...

  • Peru overhauls 'cuenta basica' rules

    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...