Bci receives banking permit in Peru

Bci receives banking permit in Peru

Corporate & Sovereign Strategy Peru Chile

Banco Bci, the third-largest lender in Chile, said it received a permit from Peruvian banking regulator SBS to start operations in the neighboring country. The Santiago-based lender said Banco Bci Perú was granted a universal banking license and can start operating as soon as it has registered with securities regulator SMV, and the BVL stock exchange in Lima, according to a securities filing. Bci Perú will begin operating with $60 million in capital and focus on lending to businesses and large c

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