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Banco GNB acquires new chunk of Mivivienda mortgage portfolio

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Banco GNB acquires new chunk of Mivivienda mortgage portfolio

Banco GNB Perú SA acquired the so-called third addendum segment of the Mivivienda mortgage portfolio managed by Edpyme MiCasita SA on Aug. 31, according to a filing from the bank.

The bank carried out a portfolio transfer of 379 mortgage loans worth about 25.2 million Peruvian soles. It will also assume liabilities of about 24.8 million soles related to the acquired portfolio.

The move is part of an initial agreement signed by the bank to acquire a part of the Mivivienda mortgage portfolio. Banco GNB already has several chunks of the portfolio.

As of Aug. 31, US$1 was equivalent to 3.31 Peruvian soles.