About us

We contribute to improving lives, accelerating the changes that our countries need

equipo-credicorp

Who are we?

We are a leading financial services holding in Peru, where Credicorp has operated for more than 135 years. 

Credicorp is organized into four lines of business: (1) Universal Banking, (2) Insurance and Pensions (3) Microfinance (4) Investment Banking and Wealth Management. Additionally, the Group operates a Corporate Venture Capital Operation, Krealo.

Our purpose, vision and values guide us as we create value for our stakeholders and the societies of countries in which we operate. 

Our regional presence

As we serve our Peruvian clients’ universal banking, insurance and pension, microfinance, investment banking and wealth management needs, we are shoring up our presence in and solutions for regional markets.

BCP - Credicorp
credicorp-capital
bcp-bolivia
prima-afp-grupo-credito
krealo
mibanco-colombia
pacifico
mibanco

EE.UU

Panamá

Colombia

Perú

Bolivia

Chile

Our Lines of Business

Credicorp has four lines of business and a Corporate Venture Capital operation.

bcp

We have a significant presence in Peru, where we lead the markets for loans and deposits. We also have a banking office in the United States (Miami) and a branch in Panama.

bcp-bolivia

We are situated sixth in the Bolivian financial system in terms of loans and deposits. 

mibanco

We are leaders in the financial sector in Peru and Latin America and are currently the second largest microfinance entity in terms of total assets. 

mibanco-colombia

In the Colombian microfinance system, we are currently ranked fourth and sixth in the loans and deposit markets respectively.

Pacifico - Credicorp

We operate in the insurance market in Peru and are the second largest player in terms of written premiums. We participate in the market through three business units: P & C Insurance, Life Insurance, and EPS and Medical Assistance. 

prima-afp-grupo-credito

We manage pension funds in Peru, where we are currently ranked second for total funds under management. Our focus is on improving profitability. 

credicorp-capital
asb

We have operations in Chile, Peru, Colombia, Panama and the United States. This has allowed us to consolidate our leadership in the regional market, where we operate through four business units: Asset Management, Wealth Management, Capital Markets and Fiduciary Businesses. 

krealo

We are present in Chile, Colombia and Peru and focus on external innovation to invest in opportunities that complement Credicorp’s current and future business lines as we strive to create financial and strategic value. 

Vision and pillars

For many years, Credicorp’s subsidiaries have actively participated in the societies and economies in which they operate. 

Notwithstanding, our focus on sustainability today is far more encompassing, and Environmental, Social and Corporate Governance initiatives (ESG) are now incorporated in the organization’s business strategies and activities.

Visión

To be a sustainable leader in the financial services industry in Latin American, guided by a larger purpose, focused on the future and intent on creating superior value for our employees, clients, shareholders and countries in which we operate.

Pillars

The sustainability program defines three pillars that will guide Credicorp’s sustainability goals from 2022 to 2025.

panel-solar

Create a more sustainable and inclusive economy

edificio-credicorp

Improve citizens’ financial health

Equipo Credicorp

Empower our people to thrive

Purpose and Values

Our purpose reflects our commitment to improving lives by assuming an initiative-taking role in driving the changes that the communities in our area of operations need. To accomplish this, sustainability is a key component in our strategy as we strive to remain competitive in the long-term.

Purpose

“Contribute to improving lives, accelerating the changes that our countries need”.
Our reason to guide the decisions and actions of each of our businesses.

Values

respeto

Respect

We have an open-door culture that respects and values people, their beliefs and decisions; we always promote a participative, collaborative and horizontal work environment.

equidad

Equity

We act fairly and equitably in how we recognize and treat people. We strive to ensure equal rights, responsibilities and opportunities for all.

honestidad

Honesty

At Credicorp, we strive to be transparent and see to ensure that our actions are aligned with our beliefs and what we profess; we know that this is the only way to generate trust-based relations.

sostenibilidad

Sustainability

Because people are at the center of everything we do, we carefully attend to their needs, striving to ensure their social, economic and environmental wellbeing both today and tomorrow.

GenÉTICA Credicorp

This is a way of being and acting ethically that makes all the people who give life to this Group unique. We are driven not only to do things well, but to take them to the next level to achieve a positive impact on our environment and society.

Our GenÉTICA is reflected in our Code of Ethics, which is the primary guide in our quest to make the right decisions to build trust-based relations with all our stakeholders.

For more information on Compliance and Ethics click here

See Code of Ethics

Credicorp’s History

costa-verde-lima

Credicorp was created through the merger of three independent companies that, at the time of the holding’s origination, shared a common base of shareholders and clients: BCP, Atlantic Security Bank and Pacífico. These companies were represented on the New York Stock exchange under the ticker “BAP” (for the first letter of each subsidiary).

The Group was formed in 1995, following the acquisition of a majority stake in common shares of Banco de Crédito del Perú (BCP), Atlantic Security Holding Corporation (ASHC) and Pacífico Compañía de Seguros y Reaseguros S.A. (PPS). In the Exchange Offer of October 1995, Credicorp acquired 90.1% of the shares of BCP, 98.2% of the shares of ASHC and 75.8% of PPS. The common shares were listed on the Lima Stock Exchange (BVL). On March 19, 1996, Credicorp acquired the remaining 1.8% of ASHC’s circulating shares through an Exchange Offer that contemplated conditions like those set forth in the October 1995 offer. 

Credicorp’s History

1995
2005
2021
Growth
(1995 - 2021)
Assets
11.8
34.7
244.8
20 times
Loans
7
15.7
147.6
20 times
Deposits
8.5
22.3
150.3
17 times
Equity
1.3
4.1
26.5
19 times
Market Cap (in dollars)
1.1
1.8
9.5
8 times
Net income
0.2
0.7
3.6
17 times
NII
0.6
1.5
9.4
15 times

Chronological History

More than 130 years of experience in the financial sector.