Initial Development of the Industrial Bank of Peru, 1937-1956
This article aims to analyze to what extent the Industrial Bank of Peru contributed to the development of Peruvian industry in its firsts twenty years of constitution. The analysis approach goes beyond the volume of borrowed capital and emphasizes how resources were directed to manufacturing compani...
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| Formato: | Artículo publishedVersion |
| Lenguaje: | Español |
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Centro de Estudios de Historia Económica Argentina y Latinoamericana (CEHEAL)
2019
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| Acceso en línea: | https://ojs.economicas.uba.ar/H-ind/article/view/1553 https://repositoriouba.sisbi.uba.ar/gsdl/cgi-bin/library.cgi?a=d&c=hindus&d=1553_oai |
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| Sumario: | This article aims to analyze to what extent the Industrial Bank of Peru contributed to the development of Peruvian industry in its firsts twenty years of constitution. The analysis approach goes beyond the volume of borrowed capital and emphasizes how resources were directed to manufacturing companies. In this sense, the article states that the contribution of this bank to industrial development was limited, due to the lack of a credit strategy coherent with promoting a deeper industrial diversification in the country. On the contrary, it behaved very close to commercial banking, assuming a subsidiary role for traditionally established industries and, therefore, moving away from its role of promotion. |
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