Peru Lending to Expand 15% in 2012, La Republica Says

Peru’s outstanding bank loan growth will ease to 15 percent this year from a 17 percent pace last year as the economy slows, La Republica reported.

Lenders’ non-performing loan ratio will be about 1.5 percent, the Lima-based newspaper said, citing comments by Alberto Morisaki, head of research at the country’s banking association known as Asbanc.

Before it's here, it's on the Bloomberg Terminal. LEARN MORE