Peru Completes International Funding The Republic of Peru completed its external funding needs in April when it successfully issued a $500 million, 12-year bond. The bond was priced to yield […]
Category: Peru
The Bank That Could
BBVA Banco Continental, Peru’s second largest bank, is beginning to catch up with its fiercest rival, Banco de Crédito del Perú. Although locally-owned BCP is the country’s largest bank, Continental […]
Political Problems Bedevil Toledo
Despite Peru’s strong economic record, its president is very unpopular and investors are frustrated by his policy indecision.
A Feat of Financial Engineering
The Antamina copper and zinc mine in central Peru is one of world’s greatest mining discoveries and financing its development required some impressive financial engineering. It took more than two […]
Peru’s Future-Flow Trailblazer
In November 2000, Peru’s government pitched into chaos as Alberto Fujimori fled to Japan and faxed his resignation to Congress after a decade in office. The Peruvian Congress swore in […]
RESOLUTE Susana de la Puente
In 1992, 97% of all Peruvians lacked a functioning telephone and they could expect to wait nearly 10 years to get one. It was a damning reflection on the country’s […]
Peru Pulls in the Private Sector
After a 74-year absence, Peru returned to the international capital markets in February 2002 with a 10-year, $1.42 billion bond. The historic issue signaled a break with the past for […]
Quenching Corporate Thirst
A 123-year-old Peruvian brewer has become the prize in
a fight to dominate the region’s beer market. The battle involves some of South America’s most powerful families.
Politics Torpedoes Growth
A casualty of the politics surrounding Alejandro Toledo’s first year as president, Pedro Pablo Kuczynski succeeded
in growing Peru’s economy, sealing a deal with the IMF and issuing a historic international bond. But the public failed to embrace his free market ideas.
A Perceptible Change
The government of President Alejandro Toledo appears to be finally hitting its stride.
