US EditionMunicipal Banks: This Is How Their Credit Cards Grow Three Years After Their Debut
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In 2022, the Superintendency of Banking, Insurance and AFP (SBS) authorized the first municipal cashier to issue credit cards under a simplified procedure, different from that followed by the bank.Thus, in August of that year, the Caja Cusco was the first microfinance company to launch this new product on the market.However, in March 2023, the Congress of the Republic gave the green light to a law that strengthens the building entities and allow…
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