Year-on-year growth in consumer credit in the country accelerated from 12.7% in August of this year to 13.2% in September 2026, the Central Reserve Bank of Peru (BCRP) reported today.
Additionally, it noted that, on a monthly basis, consumer credit rose by 1.2% in September compared to August of this year.
Year-on-year growth rates for consumer credit granted in soles and dollars were 12.6% and 22.8%, respectively. Meanwhile, the dollarization ratio increased slightly to 5.9%.
Types of credit
By category, vehicle loans increased by 1.8% in September on a monthly basis, with their year-on-year growth rate accelerating to 14.3%, following a 12.5% increase in August. The dollarization ratio remained at 7.5%.
Credit card debt increased by 0.3% in September, with a year-on-year growth rate of 11.7% (compared to 11.9% in August). The dollarization ratio remained at 12.3%.
Other consumer credit
The BCRP indicated that the monthly growth rate for other types of consumer credit was 1.3% in September.
"Consequently, year-on-year growth rose from 12.9% in August to 13.4% in September. The dollarization ratio increased slightly to 4.5%," the central bank stated.
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(END) NDP / MDV
Publicado: 3/11/2026