Welcome to our dedicated page for Credicorp news (Ticker: BAP), a resource for investors and traders seeking the latest updates and insights on Credicorp stock.
Credicorp Ltd is a leading financial services company based in Peru, operating primarily in four main business segments: Universal Banking, Insurance and Pensions, Microfinance, and Investment Management & Advisory. As a major player in the financial sector, Credicorp Ltd aims to foster economic growth in the region through its diversified services and robust business model.
Universal Banking: Credicorp's most significant subsidiary, Banco de Credito del Peru (BCP), is a cornerstone of the company's operations. BCP offers a comprehensive range of financial products and services including retail banking, corporate banking, and treasury services. With a vast network of branches and ATMs, BCP serves millions of customers nationwide.
Insurance and Pensions: Through its subsidiary Prima AFP, Credicorp provides insurance and pension fund management services. Prima AFP is one of the largest pension fund administrators in Peru, ensuring financial security and stability for its clients through well-managed pension schemes.
Microfinance: Credicorp also addresses the financial needs of small and medium-sized enterprises (SMEs) through its microfinance services. By extending credit to underserved communities, Credicorp helps promote entrepreneurship and economic development at the grassroots level.
Investment Management & Advisory: With Credicorp Capital, the company offers investment banking services such as asset management, brokerage, and financial advisory. Credicorp Capital supports both individual and institutional investors in making informed investment decisions to maximize returns.
Recent Achievements and Updates: Credicorp Ltd continues to be at the forefront of financial innovation and customer service excellence. Recently, the company announced a series of webcast presentations to provide stakeholders with updates on financial performance and strategic initiatives. These webcasts are open to both national and international participants, ensuring transparency and engagement with the global investment community.
For more information about upcoming events and investor relations, please visit the official webcast registration page or contact the Investor Relations team at investorrelations@credicorpperu.com.
Credicorp Ltd. (NYSE: BAP) announced that its 1Q23 Earnings Release Report will be available on May 5, 2023, after market close. A conference call will follow on May 8, 2023, at 10:30 am ET to discuss the results, hosted by key executives including Gianfranco Ferrari (CEO) and Cesar Rios (CFO). Interested participants can pre-register for the call using a provided link to gain immediate access, or dial in at the specified numbers. Additionally, the annual report on Form 20-F for the fiscal year ending on December 31, 2021 was filed with the Securities and Exchange Commission on April 30, 2022. This report includes audited financial statements under IFRS.
Credicorp (NYSE: BAP) has filed its Annual Report on Form 20-F for the year ending December 31, 2022, with the Securities and Exchange Commission. This report includes audited consolidated financial statements for Credicorp and its subsidiaries for the years ended December 31, 2020, 2021, and 2022, adhering to International Financial Reporting Standards (IFRS).
The report is accessible for download via Credicorp’s website. Stakeholders can request a hard copy of the complete audited financial statements at no charge. Credicorp operates in four key areas: Universal Banking, Microfinance, Insurance & Pension Funds, and Investment Banking & Wealth Management, maintaining a strong presence in Peru, Chile, Colombia, and Bolivia.
Credicorp Ltd. (NYSE: BAP) announced the commencement of its quiet period for the 1Q23 earnings release on April 24, 2023, which will end on May 5, 2023. During this period, the company will refrain from disclosing any financial information, commenting on results, or responding to related inquiries. This policy is in place to ensure fairness and prevent leaks of financial performance. Credicorp is a leading financial services holding company in Peru, also operating in Chile, Colombia, and Bolivia, with diverse business segments including Universal Banking, Microfinance, Insurance & Pension Funds, and Investment Banking & Wealth Management.
Credicorp (NYSE: BAP) announced a hybrid Investor Day to be held on June 20, 2023, in New York City. The event aims to showcase the company's commitment to sustainable growth through innovation, talent, and sustainability. It will start at 8:30 am ET with breakfast, followed by presentations at 9:00 am and concluding by 12:00 pm.
Pre-registration is mandatory by June 12, 2023. Interested investors can register through www.credicorpday.com. Registered attendees will receive a confirmation along with more event details. An archived webcast and slide presentation will be available post-event.
Credicorp operates in Peru, Chile, Colombia, and Bolivia, and encompasses several business lines, including Universal Banking and Investment Banking.
Credicorp announced the appointment of Nuria Aliño Pérez and Pedro Rubio Feijóo to its Board of Directors during its 2023 Annual General Shareholders Meeting held on March 27, receiving strong shareholder support. The new board members take over from retiring directors Fernando Fort and Irzio Pinasco, contributing expertise in digital transformation and fintech. This change increases female representation on the board to 33.3%. At the upcoming board meeting on April 27, new leadership positions will be determined, including the Executive Chairman and Vice Chairman.
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