Credicorp Ltd. (NYSE: BAP, BVL: BAP)
Credicorp is the largest financial holding in Peru. It has majority stake in Banco de Credito, which is the leading bank in the country (with more than 30% share in total loans and deposits). Its strategy is focused on increasing its share in the retail segment (mainly consumption and SME), where the bank will benefit from the economy’s growth and the low penetration of the market. Pacifico Grupo Asegurador (insurance company), Prima AFP (pension fund), Atlantic Security Bank (private banking) and Credicorp Capital (investment banking) complement this financial group.