...Sustained Growth, Stable Performance: Peru's top four banks have continued their healthy growth. Banco de Credito del Peru (BCP), BBVA Continental (BC), Scotiabank Peru (SBP) and Banco Internacional del Peru (IBK) maintained their sound performance, robust asset quality, adequate capital and stable funding and liquidity. While some differences persist, these banks boast strong credit metrics that compare very well to those of their regional and global peers. In addition, they enjoy strong competitive positions in an open yet concentrated market. Operating Environment Remains Positive: The Peruvian economy showed a sustained albeit slower growth with fiscal and monetary discipline and strong external balances. Moderate inflation, improving employment, increasing GDP per capita, relatively low banking penetration and a strong regulatory framework -- considered among the strongest in the region -- foster sustained and healthy growth. Banks Maintain Strong Balance Sheets: Sustained GDP growth,...
