Credicorp (NYSE: BAP) obtains Chilean approval for Tenpo Bank Chile to operate

Rhea-AI Filing Summary

Credicorp Ltd. reports that the Chilean Financial Market Commission (CMF) has granted operating authorization to Tenpo Bank Chile, a Credicorp subsidiary. This authorization allows Tenpo Bank Chile to operate as a bank that engages exclusively in banking activities under Chilean regulation. The CMF’s decision was notified on January 19, 2026, and the authorization requires that Tenpo Bank Chile begin operations within a maximum period of one year from that notification date. This step marks Credicorp’s formal regulatory clearance to launch its banking operations in the Chilean market through Tenpo Bank Chile.

Insights

Latin American banking analyst

Credicorp secures Chilean bank license for its Tenpo unit, enabling a new regulated banking operation within one year.

The Chilean Financial Market Commission has granted operating authorization to Tenpo Bank Chile, a subsidiary of Credicorp Ltd.. This authorization permits Tenpo Bank Chile to operate as a bank dedicated exclusively to banking activities, which moves Credicorp from a preparatory stage into a fully authorized position in the Chilean banking system.

The authorization includes a condition that operations must commence within one year from the January 19, 2026 notification. This sets a clear regulatory deadline for Credicorp to complete operational, technological, and capital deployment steps needed to open the bank. Actual financial impact will depend on how quickly and at what scale Tenpo Bank Chile launches products and attracts customers once it begins operating.

For investors following Credicorp’s regional expansion, this development confirms that Chilean regulators have formally cleared Tenpo Bank Chile to operate, subject to the one-year commencement window. Future company disclosures about product rollout, customer growth, and early performance in Chile will be important to understand how this new license translates into revenue and earnings contributions.

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 6-K

Report of Foreign Private Issuer

Pursuant to Rule 13a-16 or 15d-16 under the

Securities Exchange Act of 1934

For the month of January 2026

Commission File Number: 001-14014

CREDICORP LTD.

(Translation of registrant’s name into English)

Of our subsidiary

Banco de Credito del Peru:

Calle Centenario 156

La Molina 15026

Lima, Peru (Address of principal executive office)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

Form 20-F ☒ Form 40-F ☐

January 20, 2026

Securities and Exchange Commission - SEC

Re.: MATERIAL EVENT

Dear Sirs:

As a follow‑up to the information disclosed in the Form 6-K furnished to the SEC on February 4, 2025, Credicorp Ltd. (‘Credicorp’) hereby notifies you, as a Material Event, that on January 19, 2026, the Chilean Financial Market Commission (Comisión para el Mercado Financiero – CMF) has notified Tenpo Bank Chile of the granting of its operating authorization.

As a result, Tenpo Bank Chile is now authorized to operate as a bank engaging exclusively in banking activities. In accordance with the authorization issued by the CMF, the commencement of operations must take place within a maximum period of one (1) year from the date of notification.

The information in this Form 6-K (including any exhibit hereto) shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934 (the “Exchange Act”) or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933 or the Exchange Act.

Sincerely,

/s/ Guillermo Morales

Authorized Representative

Credicorp Ltd.

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

Date: January 20, 2026

	CREDICORP LTD. (Registrant)
	By:	/s/ Guillermo Morales
		Guillermo Morales
		Authorized Representative

FAQ

What did Credicorp Ltd. (BAP) announce in this Form 6-K?

Credicorp Ltd. reported that the Chilean Financial Market Commission (CMF) has granted operating authorization to its subsidiary Tenpo Bank Chile, allowing it to operate as a bank engaging exclusively in banking activities.

What is Tenpo Bank Chile and how is it related to Credicorp Ltd. (BAP)?

Tenpo Bank Chile is a subsidiary of Credicorp Ltd. The authorization from the CMF allows this subsidiary to operate as a regulated bank in Chile focused exclusively on banking activities.

When did Chilean regulators grant operating authorization to Tenpo Bank Chile?

The Chilean Financial Market Commission notified Tenpo Bank Chile of the granting of its operating authorization on January 19, 2026.

When must Tenpo Bank Chile begin operations under the CMF authorization?

Under the CMF authorization, Tenpo Bank Chile must commence operations within a maximum period of one year from the January 19, 2026 notification date.

Does this Form 6-K for Credicorp Ltd. (BAP) include financial results or earnings data?

No. This Form 6-K focuses on the material event of Chilean regulatory authorization for Tenpo Bank Chile to operate as a bank and does not present financial or earnings figures.

Is the information in this Credicorp Ltd. Form 6-K considered filed for liability purposes?

The company states that the information in this Form 6-K, including any exhibit, shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934 or otherwise subject to the liabilities of that section, nor incorporated by reference into other Securities Act or Exchange Act filings.