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. has announced a change in the schedule for its 2023 Quarterly Earnings Releases. The earnings for the first quarter of 2023 will now be released on May 5, 2023, instead of the previously established date. The following earnings release dates are also provided: August 10, 2023 for 2Q23, November 2, 2023 for 3Q23, and February 8, 2024 for 4Q23. Besides the earnings release dates, Credicorp emphasizes that details for the conference call will be shared 15 days in advance of each earnings release.
Credicorp Ltd. is set to propose two new directors, Nuria Aliño Perez and Pedro Rubio Feijoo, at its 2023 Annual General Shareholders Meeting on March 27, 2023. This move follows the retirement of directors Fernando Fort and Irzio Pinasco. The new candidates are expected to enhance the board's expertise in digital transformation and finance. Aliño brings over 25 years of international banking experience, while Rubio has 40 years with Credicorp. The changes aim to fortify governance structures, and if approved, female representation on the board will increase to 33.3%. Shareholders of record as of February 10 will receive proxy materials.
Credicorp Ltd. (NYSE: BAP) announced that its 4Q22 Earnings Release Report will be published on February 9, 2023, after market close. A webcast to discuss these results will occur on February 10, 2023, at 9:30 AM ET. The call will feature key executives including Gianfranco Ferrari, CEO, and Cesar Rios, CFO. Participants can pre-register for the webcast to receive access information. The company also noted the availability of its Annual Report on Form 20-F for the fiscal year ended December 31, 2021, which includes financial statements audited under IFRS.
Credicorp (NYSE: BAP) announced the initiation of a quiet period for its 4Q22 earnings release, starting on January 26 and concluding on February 9. This measure aims to prevent leaks of financial results and ensure equitable treatment for all shareholders. During this quiet period, the company will refrain from discussing financial metrics or responding to related inquiries, adhering to its corporate disclosure policies.
Credicorp is the leading financial services holding company in Peru, with operations in Chile, Colombia, and Bolivia, and offers a diversified portfolio across banking, microfinance, insurance, and investment banking.
Credicorp Ltd. has announced its schedule for the 2023 Quarterly Earnings Releases, which will be published on its website. The key dates are: 1Q22 on May 8, 2023; 2Q22 on August 10, 2023; 3Q22 on November 2, 2023; and 4Q22 on February 8, 2024. Each release will occur after 5:00 pm Lima time, with details for the Conference Call disclosed 15 days prior via press release.
As Peru's leading financial services holding company, Credicorp operates across multiple sectors including Universal Banking, Microfinance, Insurance & Pension Funds, and Investment Banking.
Credicorp Ltd. (NYSE: BAP) announces the release of its 3Q22 Earnings Report on November 3, 2022, after market close. The subsequent conference call to discuss these results is scheduled for November 4, 2022, at 10:30 am ET. The call will feature key executives, including CEO Gianfranco Ferrari and CFO Cesar Rios. Shareholders are encouraged to pre-register for the call via the provided link. Additionally, the company has filed its 2021 Annual Report with the SEC, which includes audited financial statements.
Credicorp (NYSE: BAP) has announced the start of a quiet period for its 3Q22 earnings release, which will begin on October 20 and end on November 3. This initiative aligns with its corporate disclosure policies intended to prevent any leaks and ensure fairness in financial reporting. During this period, the company will refrain from disclosing any financial information or responding to related inquiries.
Credicorp Ltd. will release its 2Q22 Earnings Report on August 11, 2022, post-market close. A webcast and conference call to discuss these results will occur on August 12, 2022, at 10:30 AM ET. The call will be led by key executives including CEO Gianfranco Ferrari and CFO Cesar Rios. In addition, the company reminds stakeholders that the 2021 Annual Report was filed with the SEC on April 30, 2022, including audited financial statements. This report can be downloaded from their website.
Credicorp (NYSE: BAP) will initiate a quiet period for its 2Q22 earnings release starting July 27, 2022, and ending on August 11, 2022. This decision aligns with the company's corporate disclosure policies to prevent financial leaks and ensure fairness. During this period, Credicorp will refrain from revealing any financial information or commenting on financial results.
As a key player in Latin America's financial services sector, Credicorp operates across multiple countries, including Peru, Chile, Colombia, and Bolivia, under various business lines.
Credicorp (NYSE: BAP) announced the issuance of the first international bond by a Peruvian bank, totaling US$30 million. The bond was fully acquired by Amundi, Europe's leading asset manager, through its Amundi Planet - Emerging Green One Fund. Proceeds will fund eco-friendly production projects. The issuance aligns with Credicorp's sustainability strategy, which aims to foster sustainable economies. BCP's Sustainable Financing Framework is the first in Latin America to achieve a 'strong' rating, underscoring its commitment to transparent financing.
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