Edificio Interbank
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Edificio Interbank
The Interbank Building is a building located in the neighbourhood of Santa Catalina, La Victoria District, Lima. It serves as the main headquarters of Interbank, a Peruvian financial entity and was inaugurated in February 2001. It is located at the intersection of Luis Bedoya Reyes and Javier Prado Este avenues. It has a total construction area of 45,300 m2 and a maximum height of 88 metres. History The building's predecessor was located at the Plazoleta de la Merced in the Jirón de la Unión. The construction was in charge of the Peruvian company Cosapi S.A. and the design by the Austrian architect Hans Hollein. This marked the end of a period of inactivity for the architect since the 1980s. This building was inaugurated at the same time as the Media Tower in Vienna. Both projects were designed in parallel. The construction period was between 1996 and 2000. The building was inaugurated in 2001. Overview The building consists of two distinct and interlinked blocks. The first ...
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El Comercio (Peru)
''El Comercio'' is a Peruvian newspaper based in Lima. Founded in 1839, it is the oldest newspaper in Peru and one of the oldest Spanish-language papers in the world. It has a daily circulation of more than 120,000. It is one of the most influential media in Peru. History The military dictatorship of Juan Velasco Alvarado expropriated the newspaper in the mid-1970s. The company was returned to their original owners by President Fernando Belaúnde Terry on 28 July 1980, the same day he assumed office. It was his first official act upon assuming his presidency. The newspaper is owned by shareholders of the Miró Quesada family, whose ownership of the company dates to 1875. Despite this, management is under control of an individual who is not a member of the family. The company has ownership over its subsidiaries, the newspapers '' Peru 21'' and ''Trome'', and the magazine ''Somos''. The corporation, Empresa Editora El Comercio S.A., is the product of the merging of many compa ...
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Bank Buildings
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in the ...
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