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August 12, 2025
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SBS intervenes two savings and credit cooperatives for total loss of capital

SBS intervenes two savings and credit cooperatives for total loss of capital

The Superintendence of Banking, Insurance and AFP (SBS) ordered the intervention of two savings and credit cooperatives after detecting the cause of Total loss of social capital and cooperative reserveas established by the General Law of the Financial System and the Insurance System.

Through resolution SBS No. 02771-2025, published today in The PeruvianJohnny José Luis Cortez Misad and Karen Cerna Guillén was appointed as auditors of the Nuevo Milenio Limitada Savings and Credit Cooperative.

Likewise, the SBS Resolution No. 02772-2025 appointed Aldo Erick Rojas Sánchez and Ricardo Rey Méndez Tapia to direct the intervention process in the Savings and Credit Cooperative leaders Entrepreneurs National Network.

The representatives of the SBS will have broad powers to determine the real assets of both cooperatives, subscribe calls and control the agenda of the general assemblies, in addition to applying all the provisions of the intervention regime.

From the publication of the resolutions, it is prohibited to initiate judicial or administrative processes for the collection of credits, execute resolutions against cooperatives, constitute taxes on their assets, make payments or assume obligations in their name, as well as dictate precautionary measures that affect their heritage.

The measure seeks to safeguard the interests of the partners and creditors, and guarantee an orderly handling of the intervention process in accordance with the Special Regimes Regulation.

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