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) announced the initiation of a quiet period ahead of its 2Q21 earnings release.
This quiet period starts on July 27 and ends on the release date, August 12. During this timeframe, the company will refrain from disclosing financial information or responding to related inquiries to ensure fairness and avoid leaks.
Credicorp is a leading financial services holding company in Peru, with operations also in Chile, Colombia, and Bolivia, offering diverse services across various lines of business.
Credicorp Ltd. (NYSE: BAP) has appointed Gianfranco Ferrari as its new CEO, effective January 2022. Ferrari, currently Deputy CEO and Head of Universal Banking, will succeed Walter Bayly, who is retiring after 28 years with the company. The Board also accepted the resignation of Alvaro Correa, Deputy CEO overseeing various sectors for the past 3 years. Diego Cavero has been appointed as the Head of Universal Banking, succeeding Ferrari at BCP. Additionally, a new COO position has been created, to be held by Alejandro Perez-Reyes, overseeing critical corporate functions.
Credicorp Ltd. (NYSE: BAP) has filed its Annual Report on Form 20-F for the year ending December 31, 2020, with the SEC. The report includes audited consolidated financial statements for 2019 and 2020, as well as revenue figures for 2018, 2019, and 2020, compliant with International Financial Reporting Standards (IFRS). The reports can be accessed via the company’s website. Credicorp operates multiple financial services in Peru, Chile, Colombia, and Bolivia across four business lines: Universal Banking, Microfinance, Insurance & Pension Funds, and Investment Banking & Wealth Management.
Credicorp Ltd. (NYSE: BAP) will release its 1Q21 Earnings Report on May 6, 2021, after market close. A conference call to discuss the earnings will be held on May 7, 2021, at 10:30 AM EST. Key executives, including CEO Walter Bayly and CFO Cesar Rios, will present the results. Interested parties can access the call via the provided dial-in numbers or through a live webcast on the company’s website. In addition, Credicorp filed its Annual Report on Form 20-F for the fiscal year ended December 31, 2019, on April 30, 2020, available on its site.
Credicorp (NYSE: BAP) announced the initiation of a quiet period for its 1Q21 earnings release starting April 22, 2021, and ending on May 06, 2021. This decision aligns with corporate disclosure policies aimed at preventing financial information leaks and ensuring fairness. During this quiet period, the company will refrain from providing financial information, commenting on results, or addressing related inquiries. Credicorp operates across various sectors, including Universal Banking, Microfinance, Insurance & Pension Funds, and Investment Banking.
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On February 25, 2021, Credicorp (NYSE: BAP) announced the postponement of its dividend decision for the financial year 2020. This move comes amidst ongoing uncertainties related to the pandemic, despite signs of economic recovery in its operating countries. The Board emphasized that future decisions on dividends will be contingent on the company's solvency, liquidity, and growth prospects, as well as the ongoing vaccination rollout and easing of lockdowns. Credicorp's capital ratios remain strong and above internal minimums as it aims to enhance its capital base.
Credicorp Ltd. has announced that its 4Q20 Earnings Release Report will be available on February 08, 2021, after market close. A conference call to discuss these results is scheduled for February 09, 2021, at 9:30 am EST. Key executives will lead the discussion, including CEO Walter Bayly and CFO Cesar Rios. The call will also be accessible via a live webcast. Additionally, Credicorp reminds shareholders about the filing of its Annual Report on Form 20-F for the year ended December 31, 2019, which includes audited financial statements.
Credicorp (NYSE: BAP) announces the start of its quiet period for the 4Q20 earnings release, effective January 25, 2021. This period will last until February 08, 2021, when the official results will be disclosed. During the quiet period, the company will not comment on financial results or respond to inquiries related to them. Credicorp is Peru's leading financial services holding company with operations in Chile, Colombia, and Bolivia, offering services in banking, microfinance, insurance, and investment banking.
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