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Latest News in Peru / Archive
Economy | 9 October, 2009 [ 09:24 ]
Peru ranks 15th in bank stability
LivinginPeru.com
Isabel Guerra
Peru is currently in the 15th position, surpassing México, Brasil and Colombia, in the Banking System Stability Ranking made by the World Economic Forum (WEF) to elaborate its Financial Development Index 2009.
Meanwhile, Peru ranks 42th in the Financial Development Index, surpassing México (43), Colombia (46), Argentina (51) and Venezuela (55), but behind Panamá (29), Chile (31) and Brasil (34), according to the aforementioned WEF report.
The report also highlights Peru’s non-distortionary tax system (16th) and the fairly good disclosure of financial information (21st) within the country’s banking system.
Peru also ranks first in the agregate macropudential indicator, which measures the macroprudential soundness based on real Gross Domestic Product growth, deposit interest rate, inflation volatility, and inflation level.
Have other topics you'd like to see in our news section? If you or someone you know would like to contribute a news article to Living in Peru, whether it's translated or based on a personal investigation, send it to editor@livinginperu.com.
Isabel Guerra
Peru is currently in the 15th position, surpassing México, Brasil and Colombia, in the Banking System Stability Ranking made by the World Economic Forum (WEF) to elaborate its Financial Development Index 2009. Meanwhile, Peru ranks 42th in the Financial Development Index, surpassing México (43), Colombia (46), Argentina (51) and Venezuela (55), but behind Panamá (29), Chile (31) and Brasil (34), according to the aforementioned WEF report.
The report also highlights Peru’s non-distortionary tax system (16th) and the fairly good disclosure of financial information (21st) within the country’s banking system.
Peru also ranks first in the agregate macropudential indicator, which measures the macroprudential soundness based on real Gross Domestic Product growth, deposit interest rate, inflation volatility, and inflation level.
Have other topics you'd like to see in our news section? If you or someone you know would like to contribute a news article to Living in Peru, whether it's translated or based on a personal investigation, send it to editor@livinginperu.com.
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