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 (BAP) is a leading Peruvian financial services group offering integrated banking, insurance, microfinance, and investment solutions. This news hub provides investors and stakeholders with timely updates on corporate developments, strategic initiatives, and market performance.
Access centralized information on earnings reports, leadership changes, regulatory filings, and partnership announcements. Our repository ensures transparent access to Credicorp's financial communications while maintaining compliance with disclosure standards.
Key coverage areas include quarterly results analysis, operational milestones in microfinance outreach, and innovations across Credicorp's banking subsidiaries. Content is curated to support informed decision-making without promotional bias.
Bookmark this page for streamlined tracking of Credicorp's evolving position in Latin America's financial sector. Verify critical updates directly from primary sources while benefiting from organized presentation of material developments.
Credicorp Ltd. has announced the candidacy of Leslie Pierce for election as the 9th director at a Special General Meeting on October 16, 2020. This follows a board expansion approved earlier this year. Pierce, with nearly 40 years of leadership experience in Peru, previously served as CEO of Alicorp and held various significant positions in business and government. His expertise in consumer-facing businesses is expected to enhance board decision-making. If elected, four of the nine directors will be independent, marking a step towards improved corporate governance.
Credicorp Ltd. (BAP) will release its 2Q20 Earnings Report on August 6, 2020, after market close. A conference call to discuss the results is scheduled for August 7, 2020, at 10:30 am EST. Key executives, including CEO Walter Bayly, will participate. This call can be accessed by dialing 1 877 271 1828 (U.S.) or 1 334 323 9871 (International), with a participant code of 643525. Additionally, the 2019 Annual Report was filed on April 30, 2020, and is available for download on Credicorp's website.
Credicorp (NYSE: BAP) announces the initiation of a quiet period from July 23 to August 6, 2020, prior to its 2Q20 earnings release. This decision aligns with corporate disclosure policies to ensure fairness and prevent leaks of financial results. During this period, the company will refrain from disclosing any financial information or responding to inquiries related to its financial results. Credicorp is a leading financial services holding company in Peru, with diversified operations in universal banking, microfinance, insurance, and investment banking.
Credicorp has announced the initiation of the process to elect a new ninth member to its Board of Directors following approval from shareholders. This comes after the recent amendment to the company’s bye-laws, allowing expansion from 8 to 9 members. Shareholders can propose candidates until July 15. The selection guidelines for the new nominee were established by the Compensation and Nominations Committee on June 25. Credicorp's latest Board is noted for being more independent and diverse.
Credicorp Ltd. (NYSE: BAP) has priced its public offering of USD 500 million in 2.750% notes due 2025. The notes offer an effective yield of 2.867%, reflecting a spread of 250 basis points above the benchmark US Treasury yield. This strategic move aims to enhance the company's liquidity and financial flexibility, allowing for potential investments and operational improvements.
Credicorp Ltd. announced a revamped Board of Directors, appointing Luis Enrique Romero Belismelis as Executive Chairman and Raimundo Morales Dasso as Vice Chairman, effective June 9, 2020. The new board structure, designed to enhance governance, includes a more independent and diverse composition. Romero Belismelis emphasized a commitment to best practices and long-term stakeholder value. The company, which operates in Peru and other South American countries, offers diverse financial services across various sectors, reinforcing its position as a leading financial services holding company.
Credicorp Ltd. (NYSE: BAP) has submitted its Annual Report on Form 20-F for the fiscal year ending December 31, 2019, to the SEC. This report includes audited consolidated financial statements for 2018 and 2019, along with comparative data from 2017. The Form 20-F is accessible on Credicorp’s website, and interested parties can request a hard copy at no cost. Credicorp, recognized as Peru's leading financial services holding company, operates across several countries and offers a diverse portfolio, including Universal Banking, Microfinance, Insurance, and Investment Banking.
