Lima Summit were held there. Lima is the headquarters for banks such as Banco de Crédito del Perú, Scotiabank Perú, Interbank, Bank of the Nation, Banco Continental, MiBanco, Banco Interamericano de Finanzas, Banco Financiero, Banco de Comercio and CrediScotia. It is a regional headquarters for Standard Chartered. Insurance companies based in Lima include Rimac Seguros, Mapfre Peru, Interseguro, Pacifico, Protecta and La Positiva. Lima is the capital city of the Republic of Peru and Lima province. As such, it is home to the three branches of the Government of Peru. The executive branch is headquartered in the Government Palace, located in
Lima Province territories of present-day Lima, Callao and Ica regions, and the provinces of Casma, Huarmey and Santa, which later would be part of the La Costa Department. The department was further subdivided as time passed but the Lima Province kept being part of it. Due to the massive migration from other areas of the country, the need to separate the province from the rest of the department was forecast by experts. In 2002, the new regionalization law passed by President Alejandro Toledo made the Lima Province a separate entity from the rest of the newly created Lima Region. The province is