Andina

Peru: Bank loans to companies up in May 2017

Centro Financiero. Foto: ANDINA/ Carlos Lezama

16:58 | Lima, Jun. 22.

Bank loans provided to companies reached S/152.95 billion (around US$46.75 billion) in May 2017, the Peruvian Bank Association (Asbanc) informed.

The result led to a 2.42% increase from the same month in 2016.

It must be noted May's growth rate is higher than the one registered last April (1.4%).

Said rise was mainly boosted by the transport, storage and communications sector (+9.99%), as well as by the following activities: real estate (+4.64%); agriculture, livestock and silviculture (+10.29%). 

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Published: 6/22/2017