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September 01, 2015 4:24 PM ET

Diversified Financial Services

Company Overview of Mibanco Banco de la Microempresa S.A.

Company Overview

Mibanco Banco de la Microempresa S.A. provides banking services to individuals and businesses. It offers savings and checking accounts, and fixed-term deposits; and loans and lines of credit to micro, small, medium, and large enterprises and corporations for the acquisition of working capital, machinery and equipment, and real estate, as well as for agricultural production. The company also grants consumer and mortgage loans. In addition, it provides life, accident, disability, and property insurance products and services. The company was founded in 1998 and is headquartered in Lima, Peru. As of March 20, 2014, Mibanco Banco de la Microempresa S.A. operates as a subsidiary of Financiera Edyf...

Banco es Av. Domingo Orué 165

Surquillo

Lima,  

Peru

Founded in 1998

Phone:

511 319 9999

Key Executives for Mibanco Banco de la Microempresa S.A.

Treasurer and Manager of Treasury & Finance Area
Manager of Legal Advice and Secretary
Manager of Human Resources Planning
Manager of Controlling and Finances Division
Manager of Risk Area
Compensation as of Fiscal Year 2015.

Mibanco Banco de la Microempresa S.A. Key Developments

MIBANCO Announces Unaudited Earnings Results for the Second Quarter June 30, 2015

MIBANCO announced unaudited earnings results for the second quarter June 30, 2015. For the quarter, the company reported net finance income of PEN 254,284,000 against PEN 354,546,000 a year ago. Operating income was PEN 62,613,000 against PEN 60,977,000 a year ago. Net income was PEN 49,272,000 against PEN 41,535,000 a year ago. ROAE was 16.5% against 14.4% a year ago.

Mibanco Reports Earnings Results for the First Quarter of 2015

Mibanco reported earnings results for the first quarter of 2015. For the quarter, the company reported net interest income of PEN 359,968,000. Net income was PEN 41,535,000. Return on average equity was 14.4%.

MiBanco Announces Earnings Results for the Period from January to April 2014

MiBanco announced earnings results for the period from January to April 2014. For the period, the company posted loss of PEN 1.4 million in the period January to April 2014.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
May 7, 2015
Mibanco Banco de la Microempresa S.A., Portfolio of Leasing Products
 

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