Credicorp (NYSE:BAP) is a diversified financial services holding company headquartered in Lima, Peru. Through its core banking, insurance, pension, asset management and capital markets businesses, Credicorp offers a full spectrum of financial products and services to retail, corporate and institutional clients. Its flagship subsidiary, Banco de Crédito del Perú (BCP), is one of the largest banks in Peru and provides deposit-taking, lending, trade finance and cash-management solutions for individual customers and companies of all sizes.
In addition to commercial banking, Credicorp’s operations encompass insurance and pension fund management under brands such as Pacífico Seguros and Prima AFP. Its investment banking and capital markets arm, Credicorp Capital, delivers brokerage, underwriting, advisory and wealth-management services. The group also operates specialized finance businesses focused on consumer financing, microfinance and small- and medium-enterprise lending, as well as treasury and securities custody through Atlantic Security Bank and other regional affiliates.
Founded in 1995 as a holding company to unify the banking and financial interests of Banco de Crédito del Perú, Credicorp has expanded across Latin America, with presence in Bolivia, Colombia, Panama and Chile, as well as representative offices in the United States. Its regional strategy combines organic growth with selective acquisitions and partnerships, aiming to leverage digital channels and data analytics to enhance customer experience and operational efficiency.
Credicorp’s governance framework is overseen by a board of directors and an executive management team comprised of seasoned banking and finance professionals. The company emphasizes risk management, corporate responsibility and sustainable finance initiatives as key pillars of its strategy, seeking to support economic development and financial inclusion across the markets it serves.
