Bank of the Nation (Peru) Bank of the Nation (Peru) The Bank of the Nation, known in Spanish as the "Banco de la Nación", is the bank which represents the Peruvian government in financial transactions in both the public and private sectors, as well as at both domestic and international levels. It is a state institution, but it should not be confused with the Central Reserve Bank of Peru, the central bank which coins money. The BN (its official Spanish initials) belongs to the Peruvian Ministry of Economy and Finance. Its headquarters is located in the San Isidro District of Lima, the capital of Peru.
Economy of Peru and political stability, but it slowed again after the government delayed privatizations and as political uncertainty increased in 2000. President Alejandro Toledo has made investment promotion a priority of his government. While Peru was previously marked by terrorism, hyperinflation, and government intervention in the economy, the Government of Peru under former President Alberto Fujimori took the steps necessary to bring those problems under control. Democratic institutions, however, and especially the judiciary, remain weak. The Government of Peru's economic stabilization and liberalization program lowered trade barriers, eliminated restrictions on capital flows, and opened the economy to foreign investment, with the result