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Peru Outstanding Loans Rise 17% to 128 Billion Soles in December

Peru’s outstanding bank loans rose 17 percent to 128 billion soles ($47.6 billion) as of Dec. 31 compared with a year earlier, the country’s banking association Asbanc said.

The amount rose 2.3 percent from the previous month, Asbanc said in an e-mailed statement today. The delinquency rate declined two basis points, 0.02 percentage point, to 1.47 percent compared with a year ago, the lowest since March 2009, the group said.

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