trending Market Intelligence /marketintelligence/en/news-insights/trending/5JFbF8l3cMpfXqE22L401g2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us
In This List

Report: 7 Peruvian financial institutions issue new mobile wallet service

Banking Essentials Newsletter - November Edition

Online Brokerage Space Should Remain Rich Source Of M&A

University Essentials | COVID-19 Economic Outlook in Banking: Rates and Long-Term Expectations: Q&A with the Experts

Estimating Credit Losses Under COVID-19 and the Post-Crisis Recovery


Report: 7 Peruvian financial institutions issue new mobile wallet service

Seven financialinstitutions in Peru have started offering the electronic wallet service calledBim, a move that furthers financial inclusion in the country, El Comercio reported.

The institutionsinclude Mibanco Banco de la MicroempresaSA, Edpyme Alternativa,Financiera Qapaq, Caja Arequipa, Caja Ica, Caja Cusco and electronic money issuerGMoney, the country's banking association Asbanc said. They join previous Bim providerslike BCP, BBVA Banco Continental SA,Banco Financiero, Interbank, Credinka, Caja Sullana, CrediScotia Financiera SA and Banco GNB Perú SA.

Through theexpansion of Bim, Peruvians can manage banking transactions in places that currentlyhave limited access to financial services, the report noted.

Since its launchin February, 68,000 Bim accounts have been opened, the report said.