This chapter includes the following articles.
Strong economic growth in recent years has enabled Peru’s capital markets to remain relatively unscathed by the global economic crisis that devastated many exchanges around the globe. While the Lima Stock Exchange (Bolsa de Valores de Lima, BVL), with market capitalisation of around $135bn, is one of the region’s smaller exchanges, it is likely to attract interest based on its recent successes. Indeed, in March 2012 it was reported that the exchange had grown 19.1% year-on-year. The BVL still must concentrate on building a broader and deeper marketplace with more regularly traded companies. The focus for the exchange now is on attracting more institutional and retail investors to build a more solid foundation for domestic capital markets. This section features interviews with Walter Bayly, CEO, Banco de Crédito del Perú; and Francis Stenning, President, Lima Stock Exchange.