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 (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.
Credicorp (NYSE: BAP) has filed its Annual Report on Form 20-F for the fiscal year ending December 31, 2021, with the Securities and Exchange Commission. The report contains the audited consolidated financial statements of Credicorp and its subsidiaries for the years 2019 to 2021, adhering to International Financial Reporting Standards (IFRS). Interested parties can access the report via Credicorp's website and request a hard copy of the financial statements free of charge.
Credicorp Ltd. (NYSE: BAP) announced its upcoming 1Q22 Earnings Release scheduled for May 05, 2022, post-market close. A webcast conference call to discuss the results will occur on May 06, 2022, at 10:30 am ET. Key executives, including the CEO and CFO, will lead the discussion. Additionally, the company reminds stakeholders of its 2020 Annual Report filed with the SEC on April 30, 2021, which contains audited consolidated financial statements. Interested parties can access the report via Credicorp's website.
Credicorp (NYSE: BAP) has announced the initiation of a quiet period for its 1Q22 earnings release, beginning on April 21 and concluding on May 05. This measure, aimed at ensuring fairness and preventing leaks of financial results, prohibits the company from disclosing any financial data or responding to inquiries regarding its performance during this timeframe.
As a leading financial services holding company in Peru, Credicorp operates across various sectors including Universal Banking, Microfinance, Insurance & Pension Funds, and Investment Banking.
Credicorp Ltd. (NYSE: BAP) announced a live broadcast of its Investor Digital Day on March 15, 2022, starting at 9:00 a.m. ET. The management team, including CEO Gianfranco Ferrari and CFO Cesar Rios, will discuss the company's digital transformation strategy and innovation to drive growth. Key topics include leveraging potential through innovation, consolidating the microfinance model via Mibanco, and expanding Yape's digital ecosystem in Peru. The event aims to highlight disciplined decision-making for sustainable value creation.
Credicorp Ltd. (BAP) will release its 4Q21 Earnings Report on February 07, 2022, after market close. A webcast and conference call to discuss the results is scheduled for February 08, 2022, at 9:30 am ET. The call will be hosted by top executives including CEO Gianfranco Ferrari and CFO Cesar Rios.
Participants can pre-register for the call to receive a passcode for immediate access. Credicorp also reminds shareholders about the filing of its Annual Report for the fiscal year ended December 31, 2020.
Credicorp Ltd. announced that its 4Q21 Earnings Release Report will be available on February 07, 2022, after market close. A webcast conference call discussing the results will follow on February 08, 2022, at 9:30 am ET. The call will feature key executives including the CEO and CFO, and participants are encouraged to pre-register for easier access. Additionally, the company has filed its Annual Report on Form 20-F for the fiscal year ending December 31, 2020, with the SEC.
Credicorp Ltd. has appointed Francesca Raffo as the Chief Innovation Officer, effective February 1, 2022, to spearhead its digital transformation and innovation strategy. This new role aims to align all lines of business with Credicorp's strategy of disruption in the financial services sector. Ms. Raffo, with 26 years at BCP, will also maintain her position as Deputy CEO of Retail Banking. Additionally, Cesar Rivera will take over as Head of Insurance and Pensions, also effective February 1, following Alvaro Correa's retirement. Rivera brings over 25 years of experience in the sector.
Credicorp (NYSE: BAP) announced an Investor Digital Day on March 15, 2022 in New York City and March 16, 2022 in London. The event will focus on the company's digital transformation and growth opportunities. Registration starts at 8:30 am ET in New York and 12:30 pm GMT in London, with presentations beginning shortly after and concluding mid-afternoon. Pre-registration is required by March 7, 2022, with contact details provided for those interested in attending.
Credicorp (NYSE: BAP) announces the initiation of its quiet period for 4Q21 financial results starting January 24, 2022, which will conclude on February 7, 2022. During this quiet period, the company will refrain from disclosing any financial information or addressing inquiries related to its financial performance. This measure is part of Credicorp's commitment to transparency and fairness in reporting.
Credicorp is a leading financial services holding company in Peru, with operations in Chile, Colombia, and Bolivia, offering services across banking, microfinance, insurance, and investment management.
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