Best Bank - Peru

Best Bank - Peru

Bonds Structured Finance Peru Loans Corporate & Sovereign Strategy

Things are expected to get even better for the bank, as it is positioning for further expansion in the local financial system. "The system as a whole will double in the next four to five years and BCP is gearing up for this," says Walter Bayly, general manager of BCP. "We are expecting to see a lot of growth in the retail space, as only 50% of those people that live in cities and earn over a minimum wage have a banking relationship," he tells LatinFinance. Bayly adds that BCP is focused on micro-financing and financing for low-income customers, which Bayly expects to be the fastest growing retail sector. "We are dedicated to growing the pie, not just getting a bigger share of the existi

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