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. reports recurring developments for a diversified financial services holding company anchored in Peru and active in Chile, Colombia, Bolivia, Panama and the United States. Its business lines include universal banking, insurance and retirement services, microfinance, and investment banking and asset management through subsidiaries such as Banco de Credito del Peru, Prima AFP, Credicorp Capital and Tenpo.
Company news commonly covers quarterly earnings releases, conference calls, quiet-period notices, annual Form 20-F reporting, shareholder meetings, board composition, committee oversight, dividends and digital-banking developments. Updates also reflect Tenpo's banking authorization in Chile and governance topics tied to risk oversight, technology, operational resilience and capital allocation.
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Credicorp Ltd. (NYSE: BAP) announced that its 1Q23 Earnings Release Report will be available on May 5, 2023, after market close. A conference call will follow on May 8, 2023, at 10:30 am ET to discuss the results, hosted by key executives including Gianfranco Ferrari (CEO) and Cesar Rios (CFO). Interested participants can pre-register for the call using a provided link to gain immediate access, or dial in at the specified numbers. Additionally, the annual report on Form 20-F for the fiscal year ending on December 31, 2021 was filed with the Securities and Exchange Commission on April 30, 2022. This report includes audited financial statements under IFRS.
Credicorp (NYSE: BAP) has filed its Annual Report on Form 20-F for the year ending December 31, 2022, with the Securities and Exchange Commission. This report includes audited consolidated financial statements for Credicorp and its subsidiaries for the years ended December 31, 2020, 2021, and 2022, adhering to International Financial Reporting Standards (IFRS).
The report is accessible for download via Credicorp’s website. Stakeholders can request a hard copy of the complete audited financial statements at no charge. Credicorp operates in four key areas: Universal Banking, Microfinance, Insurance & Pension Funds, and Investment Banking & Wealth Management, maintaining a strong presence in Peru, Chile, Colombia, and Bolivia.
Credicorp Ltd. (NYSE: BAP) announced the commencement of its quiet period for the 1Q23 earnings release on April 24, 2023, which will end on May 5, 2023. During this period, the company will refrain from disclosing any financial information, commenting on results, or responding to related inquiries. This policy is in place to ensure fairness and prevent leaks of financial performance. Credicorp is a leading financial services holding company in Peru, also operating in Chile, Colombia, and Bolivia, with diverse business segments including Universal Banking, Microfinance, Insurance & Pension Funds, and Investment Banking & Wealth Management.
Credicorp (NYSE: BAP) announced a hybrid Investor Day to be held on June 20, 2023, in New York City. The event aims to showcase the company's commitment to sustainable growth through innovation, talent, and sustainability. It will start at 8:30 am ET with breakfast, followed by presentations at 9:00 am and concluding by 12:00 pm.
Pre-registration is mandatory by June 12, 2023. Interested investors can register through www.credicorpday.com. Registered attendees will receive a confirmation along with more event details. An archived webcast and slide presentation will be available post-event.
Credicorp operates in Peru, Chile, Colombia, and Bolivia, and encompasses several business lines, including Universal Banking and Investment Banking.
Credicorp announced the appointment of Nuria Aliño Pérez and Pedro Rubio Feijóo to its Board of Directors during its 2023 Annual General Shareholders Meeting held on March 27, receiving strong shareholder support. The new board members take over from retiring directors Fernando Fort and Irzio Pinasco, contributing expertise in digital transformation and fintech. This change increases female representation on the board to 33.3%. At the upcoming board meeting on April 27, new leadership positions will be determined, including the Executive Chairman and Vice Chairman.
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.