The money network:

The money network:

Why crowdfunding threatens traditional bank lending

China’s $1.7 trillion hangover

China’s $1.7 trillion hangover

Up to 40% of China’s $1.7 trillion LGFV loans are at high risk of default. What’s a panicking Beijing to do?

July 2006

Peru



Bahamas I Bardados I Bermuda I Dominician Republic I Jamaica I Trinidad & Tobago I Costa Rica I El Salvador I Guatemala I Honduras I Nicaragua I Panama I Argentina I Bolivia I Brazil I Chile I Colombia I Ecuador I Mexico I Paraguay I Peru I Uruguay I Venezuela

Facing strong competitive from Spain’s BBVA Continental and the growing presence of other foreign operators such as HSBC and Scotiabank, locally owned Banco de Crédito del Perú has held on to its leading market share of 32% by developing its loan portfolio for consumers and small businesses. The bank’s profits rose 117% to $208 million last year – a bigger jump than its competitors...


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