SBS Resolution No. 493-2026: Modifies the Effective Date of Commitment Definitions in SBS Resolutions No. 04345-2023 and 04347-2024

Los Laureles Nº 214 - Lima 27 - Perú Tel.: (511) 6309000 1/2 Lima, February 18, 2026

SBS RESOLUTION
No. 00493-2026
The Superintendent of Banking, Insurance and Private Pension Fund Administrators CONSIDERING:
That, by Resolution SBS No. 895-98 and its modifying provisions, the Accounting Manual for Financial System Companies was approved; That, by Resolution SBS No. 04345-2023 and its modifying provisions, commitment definitions were incorporated into the regulations issued by this Superintendency; That, by Resolution SBS No. 04347-2024, the concept of undrawn granted credits was eliminated and a longer period for the effective date of commitment definitions and related regulatory modifications was granted, to allow supervised companies adequate implementation; That, additionally, by Article Seven of Resolution SBS No. 02663-2025, modifications were made to the Accounting Manual for Financial System Companies to align them with the new commitment definitions; That, based on information provided by supervised companies and the evaluation conducted by this Superintendency, it has been determined to modify the effective date established by Resolutions SBS No. 04345-2023, 04347-2024 and 02663-2025, so that the aforementioned companies can appropriately carry out technological and management adjustments for implementing commitment definitions; Having obtained the approval of the Adjunct Superintendencies of Banking and Microfinance, and Regulation and Legal Affairs, as well as the Risk Management and Economic Studies Departments; and, In exercise of the powers conferred by paragraphs 7, 9 and 13 of Article 349° of the General Law of the Financial System and Insurance System and Organic Law of the Superintendency of Banking and Insurance – Law No. 26702 and its modifying provisions, and based on what is stated in its Thirty-Second Final and Complementary Provision; RESOLVES:

Los Laureles Nº 214 - Lima 27 - Perú Tel.: (511) 6309000 2/2
Article One.- Replace in Annex No. 06 “Credit Report of Debtors (CRD)” of Chapter V “Complementary Information” of the Accounting Manual for Financial System Companies, approved by Resolution SBS No. 895-98 and its modifying provisions, the instructions for field B-11, as follows:
B-11 Credit Conversion Factor
01 Irrevocable letter of credit confirmations up to one year, when the issuing bank is a first-tier foreign financial system company.
02 Guarantees, import letters of credit, performance bonds backing payment obligations associated with credit risk events, and letter of credit confirmations not included in paragraph 01, as well as bank acceptances. 03 Performance bonds not included in paragraph 02. 04 Undrawn commitments. 05 Other indirect credits not covered in the preceding letters. 99 Not applicable
Article Two.- Modify the effective date of Articles One, Two, Three, Four and Five of Resolution SBS No. 04345-2023, as follows:

1. Articles One, Two, Three and Four of Resolution SBS No. 04345-2023 take effect as of January 1, 2027.
2. Article Five of Resolution SBS No. 04345-2023 takes effect as of the January 2027 information.
   Article Three.- Repeal Article Four of Resolution SBS No. 04347-2024.
   Article Four.- Modify the effective date of Articles Two, Three, Five, Six, Seven and Eight of Resolution SBS No. 04347-2024 as follows:
3. Articles Two, Three, Five, Six and Seven take effect on January 1, 2027.
4. Article Eight takes effect as of the January 2027 information.
   Article Five.- Postpone the effective date of Article Seven of Resolution SBS No. 02663-2025 until the January 2027 information.
   Article Six.- This Resolution takes effect as of the day following its publication in the Official Gazette El Peruano, except for Article One which takes effect as of the January 2027 information.
   Register, communicate and publish,
   SERGIO JAVIER ESPINOSA CHIROQUE
   SUPERINTENDENT OF BANKING, INSURANCE AND AFP