Regulatory Alerts2025-05-30 | ASFI/CC-1614/2025Added · Updated
ASFI Circular Letter DNP CC-1614 2025 of May 30, 2025
Financial Intermediation Entities and Financial Leasing Companies must analyze and attend to requests for refinancing or restructuring of credit operations from borrowers affected by economic deterioration. These requests must be evaluated individually under Supreme Decree No. 5241 and Article 26, Section 10 of the Regulation for the Evaluation and Qualification of Credit Portfolios, allowing for grace periods, extensions, and other favorable mechanisms without automatically reclassifying the debtor to a higher risk category. The entities are required to complete the attention and analysis of such requests within thirty calendar days, ensuring equitable treatment, non-discrimination, and clear information regarding the conditions of the solutions offered.