# Moody's: Peruvian banks are supported by core deposits, funding mix is improving | News | ANDINA - Peru News Agency

> Moody's affirmed its assessment of Peruvian banks, noting they are funded mainly by core deposits, which reached 67% of total funding as of March 2019. Banks' market funds fell to 13.4% of tangible assets from a 2015 peak of 26%.

- Date: 2019-07-10 · published 2019-07-10T12:00:00.000Z
- Category: macro · region Peru · magnitude low
- Page: https://feedsoft.ai/events/58375-moody-s-peruvian-banks-are-supported-by-core-deposits-funding-mix-is-improving
- Commodities: [Peruvian Sol (PEN per USD)](https://feedsoft.ai/c/USDPEN.md)

## Why it matters

A stable, deposit-funded Peruvian banking system supports domestic lending and sol-denominated credit, with limited direct effect on feed commodity supply, demand or prices.

## Sources

- andina.pe: https://andina.pe/ingles/noticia-moodys-peruvian-banks-are-supported-by-core-deposits-funding-mix-is-improving-758176.aspx

---
Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.