Banco Pichincha cancelled the acquisition of Technology Outsourcing Services Operativos.

Banco Pichincha, formerly known as Banco Financiero del Peru, is a Peru-based financial institution primarily engaged in the banking sector. The Bank’s products and services include current and saving accounts, fixed-term deposits, consumer and commercial loans, debit and credit cards, mortgages, cash management, foreign trade and other banking operations to businesses and individuals, as well as to small- and medium-sized enterprises (SMEs). The Bank is also involved in the insurance sector and it offers a variety of direct life, health, casualty and property insurance policies. In addition, through its subsidiary Amerika Financiera SA, the Bank is also involved in the provision of financial leasing services and leaseback operations.