Market Capitalization (Millions $) |
14,530 |
Shares
Outstanding (Millions) |
80 |
Employees |
36,527 |
Revenues (TTM) (Millions $) |
3,623 |
Net Income (TTM) (Millions $) |
1,503 |
Cash Flow (TTM) (Millions $) |
10,339 |
Capital Exp. (TTM) (Millions $) |
109 |
Credicorp Ltd
Credicorp Ltd is a holding company based in Lima, Peru, which operates primarily in the financial services sector. The company was founded in 1995, and it is now one of the largest financial institutions in Peru, with a diverse range of businesses across Latin America. Credicorp has a market capitalization of over $15 billion and employs more than 33,000 people.
The company's main business lines include banking, insurance, pension fund management, and brokerage services. Credicorp's flagship subsidiary is Banco de Credito del Peru (BCP), the largest bank in Peru. BCP has a strong retail banking presence in the country, with around 350 branches and over 10,000 employees. In addition, BCP operates subsidiary banks in Chile, Colombia, and Bolivia.
Credicorp also operates a number of insurance companies, including Pacifico Seguros, the largest insurance company in Peru. Pacifico Seguros offers a range of insurance products, including life, health, and property insurance. The company's pension fund management subsidiary, Prima AFP, manages retirement funds for over 4 million customers in Peru.
In addition to its core businesses, Credicorp has a significant presence in the capital markets through its brokerage unit, Credicorp Capital. Credicorp Capital provides investment banking, asset management, and brokerage services in Peru and across the region.
Credicorp has a strong track record of financial performance, with consistent revenue growth and profitability. In 2020, the company reported a net profit of $805 million on revenues of $3.77 billion. The company also has a solid balance sheet, with strong capital ratios and a low level of non-performing loans.
Overall, Credicorp is a leading financial services company in Latin America with a diverse range of businesses and a strong track record of financial performance. The company's focus on innovation, customer service, and operational excellence has enabled it to maintain its leadership position in the region's financial sector.
Company Address: Banco de Credito del Peru Lima 12
Company Phone Number: 313 2014 Stock Exchange / Ticker: NYSE BAP
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