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Banco de Credito acquires microfinance firm Banco de Credito acquires microfinance firm



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Old 09-11-2009, 11:16 PM
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Post Banco de Credito acquires microfinance firm
Peru’s biggest banking group this week announced it has acquired a 77.1% stake in microfinance firm Financiera Edyficar.Banco de Credito said it has agreed to acquire the shareholding for $80 million.Chief executive Walter Bayly said the move is part of Banco de Credito’s plan to acquire 100% of Edyficar, which is currently controlled by non-governmental [...]

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