The increased role of foreign capital in the peruvian financial system: 1990-1998

The first aim of this paper is to illustrate the growing importance of foreign capital in the Peruvian economy-and, in particular, in the Peruvian financial system-since 1990. In relation to this point, it is also important that we emphasize what we call the preference for external financing, as well as the higher concentration and larger relative size of commercial banking in Peru.