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Banco GNB Perú acquires 1st segment of Mivivienda mortgage portfolio

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Banco GNB Perú acquires 1st segment of Mivivienda mortgage portfolio

Banco GNB Perú SA said it that it acquired the so-called first segment of the Mivivienda mortgage portfolio managed by Edpyme MiCasita SA on Feb. 28, according to a filing from the bank.

The bank carried out a portfolio transfer of 49 mortgage loans worth about 4.5 million Peruvian soles. It will also assume liabilities of about 1.7 million soles related to the acquired portfolio.

The move is part of an initial agreement signed by the bank to acquire the Mivivienda mortgage portfolio. Banco GNB has already acquired the second, third and seventh chunk of the portfolio.

As of Feb. 27, US$1 was equivalent to 3.25 Peruvian soles.