Peru Clears Pichincha to Buy Diners Club and Keeps Velarde at Central Bank
7 Articles
7 Articles
The operation foresees a disbursement of S/ 23.4 million and will allow the bank to incorporate the company specialized in services related to means of payment
The authorization of the SBS allows Banco Pichincha Peru to acquire up to 100% of Diners Club Peru. The operation is valued at 23.4 million soles
The resolution states that the integration will allow the bank to carry out, through this company, activities related to complementary services or auxiliary to financial operations
Banco Pichincha received authorization from the Superintendency of Banking, Insurance and AFP (SBS) to incorporate Diners Club Peru into its structure as a subsidiary company.
The Superintendency of Banking, Insurance and AFP authorized the Banco Pichincha to acquire all the shares representative of the capital of Diners Club Perú S.A. The operation seeks that the company become subsidiary of the bank.
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