... del Peru S.A.A.'s (Interbank) performance over the past few years has been consistently strong, driven by loan growth, high margins, adequate expense control and moderate credit costs. Robust Credit Process, Asset Quality: Interbank has developed information-intensive credit scoring models and modern monitoring tools. Credit origination policies are conservative and collection efforts effective. A sound risk management team helps maintain very good asset quality. Past-due loans (PDLs) stood at 1.75% at YE13. Sound Franchise: Interbank has built an efficient retail franchise and positioned itself as a top contender in most retail products. Moreover, the bank has not neglected its corporate business, which appears well focused and competitive, bringing balance and diversification to Interbank's balance sheet and revenue stream. Adequate Capital, Reserves Cushion: Besides consistently retaining 55% of its net income, the bank maintains ample...
