# Banking in Peru remains strong and liquid, emphasising loan growth - Peru 2017 - Oxford Business Group

> An Oxford Business Group overview says Peru's banking system is stable and well regulated but small relative to GDP. President Kuczynski has set a target to raise bank credit from 35% to 60% of GDP over his term.

- Date: 2017-06-19 · published 2017-06-19T12:00:00.000Z
- Category: macro · region Peru · magnitude low
- Page: https://feedsoft.ai/events/70804-banking-in-peru-remains-strong-and-liquid-emphasising-loan-growth-peru-2017
- Commodities: [Peruvian Sol (PEN per USD)](https://feedsoft.ai/c/USDPEN.md)

## Why it matters

A credit expansion would support domestic demand and economic growth, but it has no near-term effect on feed commodity supply or prices.

## Sources

- oxfordbusinessgroup.com: https://oxfordbusinessgroup.com/reports/peru/2017-report/economy/a-sound-system-the-sector-remains-strong-and-liquid-with-the-emphasis-shifting-to-loan-growth

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