History
In 1897, Elias Mujica opened an agency at Jiron de la Union in Lima's historical center under the name of Banco Internacional. In 1934 branches were opened in Chiclayo and Arequipa, and later expansions included Piura, Sullana and other places in Peru.
Under the military government of Juan Velasco Alvarado, in 1970 the national bank (Banco de la Nacion) purchased Banco Internacional and changed its name to "Banca Asociada del Pais". Ten years later, under the democratic government of Fernando Belaunde Terry, the bank changed its name to InterBanc but it was still property of the Peruvian government.
On July 20, 1994 Carlos Rodriguez-Pastor Senior along with several North American businessmen purchased 91% of the bank's stocks. The new owners changed the name to Interbank.
In 2004 Interbank bought the supermarket chain Supermercados Santa Isabel from the transnational Ahold, and they founded Supermercados Peruanos. They have offices inside Vivanda and Plaza Vea stores. Currently, Interbank has 230 branches, called "tiendas" or stores, over 1,500 ATMs, and over 1,500 Interbank Agentes in Peru.
Read more about this topic: Interbank
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