The Sustainable Banking and Finance Network (SBFN) has admitted the Asociación de Instituciones de Microfinanzas del Perú (ASOMIF Perú) as its newest member, adding a national association that represents Peru’s microfinance institutions. ASOMIF Perú represents rural and municipal savings and credit banks and EDPYMEs (Small and Micro-sized Enterprise Development Institutions). The association became a signatory in 2020 of Peru’s voluntary “Green Protocol,” developed with the Ministry of Environment and other financial sector associations, which promotes integration of environmental, social, and governance (ESG) criteria into financed projects and investments. ASOMIF Perú highlighted priorities including enforcement of environmental and social risk management systems, development of green lending products, and promotion of thematic bond issuance, particularly focused on gender equity and water and sanitation. SBFN noted that Peru’s Superintendence of Banks, Insurers, and Private Pension Funds (SBS) has been a member since 2013, and said ASOMIF Perú’s accession takes the network to 99 members across 72 countries.
Sustainable Banking and Finance Network 2025-05-22
Sustainable Banking and Finance Network admits Peru’s ASOMIF Perú as a new member, expanding the network to 99 members
The Sustainable Banking and Finance Network (SBFN) has admitted the Asociación de Instituciones de Microfinanzas del Perú (ASOMIF Perú) as its newest member, expanding its network to 99 members across 72 countries. ASOMIF Perú, representing Peru’s microfinance institutions, is committed to integrating environmental, social, and governance (ESG) criteria into projects and investments, focusing on green lending and thematic bond issuance.