Total credit to the private sector—which includes loans granted by banks, financial institutions, municipal and rural savings banks, and cooperatives—maintained a year-on-year growth rate of 10.3% in September 2026, the Central Reserve Bank of Peru (BCRP) reported today.
Furthermore, balances in September increased by 0.1% compared to the previous month, driven by an expansion in credit to individuals.
By segment, the year-on-year growth of credit to individuals accelerated from 10.6% in August to 11% in September, primarily due to an expansion in consumer loans.
Meanwhile, credit to businesses saw its year-on-year growth rate moderate from 10.2% in August to 9.8% in September. During the month under review, credit to individuals rose by 1.1%, while credit granted to businesses fell by 0.6%.
Broken down by currency, credit in soles (PEN) maintained a year-on-year growth rate of 9.2% in September, while credit in foreign currency slowed from 14.6% to 14.1% year-on-year between August and September.
“In terms of monthly variation, credit in the national currency grew by 0.1%, and credit in dollars grew by 0.3%,” the BCRP specified.
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(END) NDP / MDV
Publicado: 2/11/2026