Peruvian savings deposits grew by 47% in 2020

Peruvians’ savings deposits exceeded 101 billion soles ($26.94 billion) in 2020, representing a 47.53% increase from the previous year. At a smaller level, BanBif’s customers grew their savings by 84.57%. The pandemic caused people to spend less or postpone spendings in travels, restaurant food, and gas.

Source: RPP