Top Largest Banks in Peru

The top largest banks of Peru include Banco de Credito del Peru, MiBanco, Interbank, among others.

Banco de Credito del Peru is the largest bank in Peru, and is traded in the New York Stock Exchange and the Lima Stock Exchange (Bolsa de Valores de Lima).

MiBanco is the leading private commercial bank specializing in microfinance in Peru. It is one of the biggest banks in the country. From the start-up of its operations in 1998 through January 2006, it granted 1,238,767 loans. Mibanco has excellent profitability and a portfolio-at-risk that is lower than the average of the Peruvian banking system. The bank has won an award as one of Latin America's most successful commercial banks.

Headquartered in Lima, Peru, Interbank was established in 1897 and is highly regarded as one of the top leading Peruvian commercial banks. In 2007, Interbank, together with the life insurance company, Interseguro, became part of Intergroup Financial Services Corp. (IFS), a parent company majority owned by the Interbank Group.

Interbank has been ranked third in Peru’s financial system in outstanding credit card balances, with more than 662,700 of the world’s three leading credit cards: American Express, MasterCard, and Visa, in addition to its privately branded Vea card. It is also one of Peru’s leading banks in consumer loans. Interbank’s shares are traded on the Lima Stock Exchange under the symbol “INTERBC1”.

* Next: Top Largest Banks in Chile

Author

Kelvin Wong Loke Yuen is an experienced writer with a strong background in finance, specializing in the creation of informative and engaging content on topics such as investment strategies, financial ratio analysis, and more. With years of experience in both financial writing and education, Kelvin is adept at translating complex financial concepts into clear, accessible language for a wide range of audiences. Follow him on: LinkedIn.

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