Mibanco Banco de la Microempresa SA said Peruvian financial regulator SBS has approved a debt program for the bank, allowing it to issue up to 800.0 million Peruvian soles, or its equivalent in foreign currencies, of negotiable certificates of deposits.
The company got regulatory approval for a 600.0 million soles subordinated bond issuance program in December 2017.
As of March 8, US$1 was equivalent to 3.26 Peruvian soles.
