Rio Group credit announcement
President Fujimori announces that the Rio Group will grant a bridge loan of approximately US$100 million to Peru.
President Alberto Fujimori Fujimori announces that the Rio Group will grant a bridge loan of around US$100 million. This announcement comes in the context of the economic reforms implemented by the government, which included measures to reform the Peruvian state and foreign trade. The loan was part of the government's efforts to reintegrate Peru into the international financial system.