Banco Ripley Perú SA on Feb. 21 will offer certificates of deposits worth 50.0 million Peruvian soles, expendable up to 75.0 million soles, according to a securities filing.

The 360-day series B securities will be issued on Feb. 22 under the Lima-based bank's program of up to 200 million soles, or its equivalent in U.S. dollars.

Banco Ripley Perú is a part of Grupo Ripley, which operates retail outlets in Peru and Chile and offers financial services including credit cards, lending, insurance and banking.

As of Feb. 16, US$1 was equivalent to 3.24 Peruvian soles.