Interbank is a Peruvian provider of financial services. n 1897, Elias Mujica opened an agency at Jiron de la Union in Lima's historical center under the name of Banco Internacional. In 1934, branches were opened in Chiclayo and Arequipa, and later expansions included Piura, Sullana and other places in Peru. Under the military government of Juan Velasco Alvarado, in 1970, the national bank (Banco de la Nacion) purchased Banco Internacional and changed its name to "Banca Asociada del Pais". Ten years later, under the democratic government of Fernando Belaunde Terry, the bank changed its name to InterBanc but it was still property of the Peruvian government.