Lima, 4 April 2023

S.B.S. Resolution No. 01213-2023

The Superintendent of Banking, Insurance and
Private Administrators of Pension Funds

WHEREAS:

That, by means of SBS Resolution No. 480-2019 and its amendments, the General Regulation of Savings and Credit Cooperatives Not Authorized to Raise Funds from the Public was approved, in which the credit risk provisions applicable to the different types of credit are established, based on the credit classification of the debtors for Savings and Credit Cooperatives Not Authorized to Raise Funds from the Public (COOPAC); the methodology that COOPAC must apply to calculate the effective equity requirement for credit risk and provisions with the purpose of ensuring that COOPAC adequately manage concentration risk in the operations they carry out;

That, by means of SBS Resolution No. 577-2019 and its amendments, the Accounting Manual for Savings and Credit Cooperatives Not Authorized to Raise Funds from the Public was approved;

That, by means of Law No. 31658, the creation of the MYPE Business Impulse Program (IMPULSO MYPERU Program) was ordered, whose purpose is to support the process of economic recovery and growth of micro and small enterprises (MYPE) and to promote their financial inclusion, as well as to foster the culture of timely payment by them in said system; promoting their financing through the granting of a National Government guarantee to the credits placed by the companies of the financial system and a subsidy called “Bono del Buen Pagador de IMPULSO MYPERU””, and by means of Ministerial Resolution No. 066-2023-EF/15, the operating regulations of the aforementioned Program were approved;

That, it is necessary to establish clarifications on prudential and accounting aspects that must be considered by Level 2 COOPAC with total assets greater than 32,000 UIT and Level 3 COOPAC that participate in the IMPULSO MYPERU Program;

Having the prior and positive technical report of viability of the regulation of the Deputy Superintendency of Cooperatives and with the approval of the Deputy Superintendencies of Cooperatives and Legal Advisory; and,

In use of the attribution conferred in numerals 7, 9 and 13 of
article 349, as well as in numeral 4 A of the Twenty-Fourth Final and Complementary Provision,
of the General Law of the Financial System and the Insurance System and Organic of the Superintendency of Banking and Insurance, Law No. 26702 and its amendments, and on the basis of the exception conditions set forth in article 14 of Supreme Decree No. 001-2009-JUS and its amendments;

RESOLVES:

Article One.- In the case of Savings and Credit Cooperatives Not Authorized to Raise Funds from the Public (COOPAC), establish that the portion of credits that have the coverage of the National Government through the MYPE Business Impulse Program (IMPULSO MYPERU Program), exceptionally, is subject to a credit risk provision rate of 0%.

Article Two.- Establish that the portion of credits that have the coverage of the National Government through the MYPE Business Impulse Program (IMPULSO MYPERU Program) is not subject to the credit concentration limits established in articles 37 and 38 of the General Regulation of Savings and Credit Cooperatives Not Authorized to Raise Funds from the Public, approved by SBS Resolution No. 480-2019 and its amendments.

Article Three.- Amend the Accounting Manual for Savings and Credit Cooperatives Not Authorized to Raise Funds from the Public of Level 2 and 3, approved by SBS Resolution No. 577-2019 and its amendments, in accordance with the Annex attached to this Resolution, which is published on the Institutional Portal (www.sbs.gob.pe), in accordance with the provisions of Supreme Decree No. 001- 2009-JUS, being effective as of the information corresponding to the month of March 2023.

Article Four.- This Resolution enters into force on the day following its publication in the official newspaper El Peruano, except for the provisions of article three.

Register, communicate and publish

MARIA DEL SOCORRO HEYSEN ZEGARRA
Superintendent of Banking, Insurance and AFP