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SBS Alerts Failures in Credit Assessment of Cooperatives, What Risks Do You See?
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Deposits in cooperatives: what happens to people with savings of more than S/ 10,000?The Superintendency of Banking, Insurance and AFP (SBS) identified a number of weaknesses in the management of the credit risk of savings and credit cooperatives (Coopac), mainly in the processes of evaluation and monitoring of loans granted.According to the supervisory body, the main observations are focused on the validation of the ability to pay of clients, t…
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