Peru's Superintendence of Banking, Insurance and Private Pension Funds (SBS) published an update on Municipal Savings and Credit Banks (CMAC), reporting that direct lending reached PEN 37.1bn as of June 2025 and describing its ongoing programme of in‑person supervisory visits to CMAC stakeholders to discuss governance and financial soundness. The loan book was concentrated in micro and small enterprises, which accounted for 75% of direct credit and was mainly directed to agriculture, trade and manufacturing. CMAC also provided more than PEN 7bn in consumer credit and PEN 1.6bn in mortgages, while managing deposits of PEN 32.7bn. The SBS noted CMAC provide financial services in more than 1,000 districts via banking agents and offices, and said recent meetings in Ica with the Provincial Municipality of Ica council and CMAC Ica formed part of a national outreach programme to gather shareholders’ views on key issues and the regulatory framework, including corporate governance, outlook and capital strengthening; in the Ica region, CMAC operate from offices in 14 districts with PEN 1.8m in direct credit and PEN 1.4m in deposits.
Superintendencia de Banca, Seguros y AFP del Peru 2025-08-12
Peru's Superintendence of Banking, Insurance and Private Pension Funds reports CMAC loan book at PEN 37.1bn and outlines national supervisory visits programme
Peru's Superintendence of Banking, Insurance and Private Pension Funds (SBS) reported that Municipal Savings and Credit Banks (CMAC) reached PEN 37.1bn in direct lending as of June 2025, focusing on micro and small enterprises. CMAC also provided PEN 7bn in consumer credit and PEN 1.6bn in mortgages, while managing PEN 32.7bn in deposits. The SBS is conducting in-person supervisory visits to discuss governance and financial soundness as part of a national outreach programme.