# IMF warns of banking concentration in Peru | News | ANDINA - Peru News Agency

> The IMF warned that Peru's banking sector is concentrated and its economy is highly dollarized. Its 2018 financial sector assessment will look at reducing dollarization risks and increasing competition in financial services. The report was published on February 2, 2018.

- Date: 2018-02-02 · published 2018-02-02T12:00:00.000Z
- Category: report · region Peru · magnitude low
- Page: https://feedsoft.ai/events/66771-imf-warns-of-banking-concentration-in-peru-news-andina-peru-news-agency
- Commodities: [Peruvian Sol (PEN per USD)](https://feedsoft.ai/c/USDPEN.md)

## Why it matters

This is a financial-stability note about Peru's banking system with no direct effect on feed commodity supply, demand or prices. Its market impact is negligible.

## Sources

- andina.pe: https://andina.pe/ingles/noticia-imf-warns-of-banking-concentration-in-peru-698105.aspx

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