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Peru’s BCP Strikes Deal with Colombian Brokerage

Dec 2, 2011

Banco de Credito del Peru has agreed to pay $76m for a 51% stake in Colombian brokerage Correval. Under the deal, Correval was estimated...

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At a fundamental level, the issue is how to generate healthy returns in the medium to long term. Policy holders can see their fund go down over the course of a week or a month, but what we really should be looking at is returns over 20 or 30 years.

Daniel Schydlowsky, Peru’s banking, insurance and private pension fund regulator


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