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 (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.
Lima, Peru, January 13, 2022 – Banco de Credito del Peru (BCP) has launched a Sustainability Financing Framework aimed at financing green and social projects. On January 12, S&P Global Ratings awarded a "strong" rating to this framework, making BCP the first bank in Latin America to achieve this recognition. The framework supports projects in renewable energy, green buildings, and social initiatives, enhancing BCP's commitment to ESG standards. The proceeds will fund both new and ongoing projects focusing on sustainable development and empowerment.
Credicorp Ltd. announced on December 23, 2021, new appointments to its Board Committees, aiming to enhance diversity and inclusivity in line with ESG goals.
Patricia Lizarraga Guthertz joined the Risk Committee, while Maria Teresa Aranzábal Harreguy joined the Remuneration and Nominations Committee. Both bring valuable experience from their roles in Credicorp and its subsidiaries.
The Board also outlined plans for dividend declarations, expected after shareholder meetings in April, and emphasized prudent capital management for potential more frequent distributions.
Credicorp Ltd. announced its 2022 Quarterly Earnings Release schedule, with key dates set for May 5, August 11, November 3, and February 9, 2023. This information is available on their website under Investors / Financials / Conference Calls. The company emphasizes that details for the conference call will be provided 15 days prior to each earnings release. Credicorp, listed on NYSE as BAP, is Peru's leading financial services holding company, with operations in Chile, Colombia, and Bolivia, encompassing various sectors including Universal Banking, Microfinance, and Investment Banking.
Credicorp Ltd. announces its 3Q21 Earnings Release report on November 4, 2021, after market close. A webcast conference call will follow on November 5, 2021, at 10:30 am EST to discuss the results. Key executives, including CEO Walter Bayly and CFO Cesar Rios, will host the call. Shareholders can pre-register to access the call directly or dial in without pre-registration. The archived webcast will be available for one year on the investor relations website. Additionally, Credicorp filed its 2020 Annual Report with audited financials on April 30, 2021.
Credicorp (NYSE: BAP) announces the commencement of its quiet period for the third quarter earnings release, starting on October 21 and concluding on November 4. To maintain fairness and prevent leaks, the company will not disclose financial information or respond to related inquiries during this time. Credicorp is a leading financial services holding company in Peru, with operations in Chile, Colombia, and Bolivia, covering areas such as Universal Banking, Microfinance, Insurance, and Investment Banking.
Credicorp, a prominent financial holding company in Peru, has pledged to achieve carbon neutrality by 2032. This encompasses reducing and offsetting all direct emissions from its subsidiaries. The company, which employs over 36,000 individuals and serves millions, has already cut its carbon footprint by over 50% in the past three years. Notably, Pacifico Seguros and Prima AFP have previously attained carbon neutral status. Credicorp's sustainability commitment aligns with creating a sustainable economy, showcasing its dedication to improving eco-efficiency across its operations.
Credicorp Ltd. has announced a cash dividend distribution of S/471,911,585.00, or S/5.0000 per share, for shareholders holding a total of 94,382,317 outstanding shares. This decision comes after a reported net income of S/346,894,407.43 for 2020. The dividend will be paid on October 7th, 2021, to shareholders on record as of September 15th, 2021, without withholding tax at source. Payments will be made in US Dollars, with the exchange rate determined as of October 5th, 2021.
Credicorp Ltd. (NYSE: BAP) announced that its 2Q21 Earnings Release Report will be published on August 12, 2021, after market close. A webcast conference call to discuss these results is scheduled for August 13, 2021, at 10:30 am EST. Interested participants are encouraged to pre-register for the event. The company also highlighted that the 2020 Annual Report (Form 20-F) was filed on April 30, 2021, providing audited financial statements and can be accessed via its website.
Brazil's economic recovery accelerates alongside vaccination efforts, presenting solid investment opportunities across asset classes including Sovereign, Fixed Income, and Equities. The local market transformation has seen participation swell from 500,000 to 4 million since 2018, driven by lower interest rates and reduced investment barriers. Increased foreign interest and a surge in IPOs signal a favorable environment for equities. However, challenges exist for Brazilian sovereign and corporate bonds amidst rising volatility in the Andean region. Credicorp Ltd., the parent company, boasts a market cap of USD 20.12 billion.
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