Most lending interest rates in local currency (Peruvian soles) continued to evolve in line with the benchmark interest rate, particularly in lower credit-risk segments, the
It noted that the benchmark interest rate fell from 4.75% in February 2025 to 4.25% currently, representing a reduction of 50 basis points (bps) over the past 12 months.
In this regard, over the 12 months through February 2026, interest rates for large, medium-sized, and small enterprises declined by 17, 60, and 32 bps, respectively.
It also indicated that the corporate segment—the lowest credit-risk segment—recorded a 13-bps decline in its interest rate.
During the same period, the average interest rate on mortgage-related loans declined from 8.13% to 7.83%, while rates in credit segments for microenterprises and consumer lending increased.
In line with the downward trend in interest rates, the delinquency rate on loans in soles declined from 4.44% in January 2025 to 3.90% in January 2026.
By lending segment, the delinquency rate on loans to businesses declined by 0.8 percentage points, while the delinquency ratio for loans granted to individuals decreased by 0.3 percentage points.
(END) NDP/MVB