Peru’s Interbank to to open commercial office in Sao Paulo in 2011

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LivinginPeru.com
Isabel Guerra

Peru's Interbank to to open commercial office in Sao Paulo in 2011Interbank plans to open its first commercial office in Sao Paulo by the second half of 2011, according to its Corporate Division Manager, Kathleen Rubin.

Rubin told Andina news agency that this would be a strategic entry, since Brazil is becoming one of the biggest investors in Peru.

She also said that the Brazilian companies are arriving in Peru with its own funding, and they will need a local bank to deposit their investments and manage their liquidity, so this will be an opportunity for Interbank.

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