Total credit to the private sector
—which includes the loans made by banks, municipal-rural savings banks, and cooperatives— increased 7.6% in February 2019 compared to the same month last year, Central Reserve Bank (BCR) has reported.
According to BCR, Peruvian Sol-denominated loans posted an annual rise of 11.2% in the second month of this year, while U.S. dollar credits
Likewise, consumer loans increased 13.2%, while mortgage loans rose 8.7%.
On the other hand, the annual growth of micro- and small-scale enterprises (+6.7%) stood out.
Furthermore, the corporate sector and large enterprises, as well as medium-sized enterprises rose 5.4% and 4.2%, respectively.