Financiero Santander Consumer Receives Permission From SBS to Become a Bank

The Peruvian financial landscape is energized by the news that Santander Consumer S.A. has successfully completed its conversion process and has received authorization from the Superintendency of Banking, Insurance and AFP (SBS) to operate as a bank, which makes the BCP and BBVA tremble. From now on, the entity will be known as Santander Consumer Bank S.A., a milestone that marks the closing of an important chapter in its trajectory and the begi…

The Superintendency of Banking, Insurance and AFP (SBS), by Resolution N° 01885-2025, authorized, from the date, the conversion of Financiero Santander Consumer S.A. to Empresa Bancaria under the corporate name of Santander Consumer Bank S.A. This was announced by the entity through a fact of importance in the Superintendency of the Securities Market (SMV).In March, the General Shareholders' Meeting of the institution, among other agreements, ap…