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 financial services holding company in Peru with a presence in Chile, Colombia, Bolivia, Panama, and the United States, and a diversified portfolio spanning universal banking, microfinance, insurance and pension funds, and investment management and advisory. The Credicorp news stream highlights how this multi-line structure evolves over time through strategic decisions, regulatory developments, and capital markets communication.
News items for Credicorp often include announcements about earnings releases and conference calls, where the company informs shareholders and the market about scheduled publication dates for quarterly results and related webcasts. These releases outline when investors can expect financial reports and how to access management’s presentations and Q&A sessions.
The news flow also covers material events such as tax assessments involving its subsidiary Grupo Credito S.A., legal actions taken in response to those assessments, and clarifications of media coverage regarding dividend distributions. Credicorp uses press releases to explain the nature of these disputes, the amounts involved, and its stated intention to exercise legal rights while reaffirming its views on regulatory and tax compliance.
Another important category of Credicorp news relates to strategic initiatives and investor events. The company has announced and summarized Investor Day meetings, including a 30-year NYSE listing anniversary event, where leadership discusses its integrated strategy, digital transformation, financial inclusion efforts, and ecosystem-based growth model. In addition, Credicorp has reported on a stock purchase agreement for its subsidiary Banco de Crédito del Perú to acquire Helm Bank USA, a Florida state-chartered community bank, subject to regulatory approvals.
Visitors to the Credicorp news page can review these updates to understand how the holding company manages its multi-country financial operations, responds to regulatory matters, and communicates long-term plans and material transactions to the market.
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.
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.