Banco Santander Perú S.A. announced a private placement of 55,400,000 common shares at PEN 1 per share for gross proceeds of PEN 55,400,000 on May 27, 2014. The round included participation from existing investors. The transaction was approved by the shareholders of the company. Pursuant to the transaction, the corporate capital increased from PEN 231,300,000 to PEN 286,700,000. The percentage of the capital increase is 23.95157804%.

On May 27, 2014, Banco Santander Perú S.A. closed the transaction.