# Monetary policy and renewed infrastructure spending in Peru help banking sector - Peru 2018 - Oxford Business Group

> Oxford Business Group reports that Peru's banking sector stayed stable through 2017 despite slower growth tied to El Niño and the Odebrecht scandal. Moody's and ASBANC data show rising system-wide net income, and the sector is expected to stay sound in 2018.

- Date: 2018-08-23 · published 2018-08-23T12:00:00.000Z
- Category: macro · region Peru · magnitude low
- Page: https://feedsoft.ai/events/63834-monetary-policy-and-renewed-infrastructure-spending-in-peru-help-banking-sector
- Commodities: [Peruvian Sol (PEN per USD)](https://feedsoft.ai/c/USDPEN.md)

## Why it matters

A stable banking sector supports credit for farm inputs and feed purchases in Peru. The story has little direct effect on feed commodity prices.

## Sources

- oxfordbusinessgroup.com: https://oxfordbusinessgroup.com/reports/peru/2018-report/economy/back-on-track-monetary-policy-and-renewed-infrastructure-spending-help-to-bolster-performance-of-banks

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