The Peruvian financial system remains solid and resilient, serving as a key pillar for strengthening productive activity, household consumption, and the country's macrofinancial stability during fiscal year 2026,
stated, highlighting the sector's performance through April.
In this regard, the high-ranking official underscored the sector's ability to tackle potential macrofinancial shocks, supported by adequate solvency levels, stronger credit growth, increased liquidity, and improved loan portfolio quality indicators.
Indicators
The Ministry of Economy and Finance (MEF) reported that the financial system's global capital ratio—an indicator that measures effective capital as a percentage of risk-weighted assets—stood at 16.4% in March 2026, well above the legal minimum of 10%.
For institutions specializing in microfinance, the ratio reached 16.2%, according to figures from the Superintendence of Banking, Insurance, and Private Pension Fund Administrators (SBS), reflecting the system's capacity to absorb losses and respond to potential financial stress episodes.
Private-sector credit
The government official noted that credit to the private sector continued to accelerate, growing 8.7% year-on-year in April, above the 7.2% recorded in March, according to figures from the Central Reserve Bank (BCR).
The minister explained that the result was driven by increased financing for companies, which rose 9%, and for individuals, which grew 8.2%.
Within credit to businesses, the Cabinet member highlighted financing for micro- and small-enterprises (MSEs), which expanded by 10%.
This was accompanied by the favorable performance of other financial system indicators.
Liquidity grew 16.6% year-on-year, while private-sector deposits increased 16.9%, reflecting improved conditions for channeling savings into financing for households and businesses.
The credit dollarization ratio remained stable at 22%, helping reduce vulnerabilities to exchange-rate shocks.
Delinquency
The minister underscored that the delinquency rate continued to decline, standing at 3.23% in April 2026, with provisions equivalent to 175% of non-performing loans, reinforcing the system's capacity to absorb expected losses.
These conditions, along with loan portfolio growth, helped the financial system achieve a return on equity (ROE) of 20.55% as of the end of April.
The Peruvian financial system continues to demonstrate strengths that help preserve the country's macrofinancial stability and support financing for economic activity amid credit recovery, greater liquidity, and lower levels of vulnerability, he concluded.