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Credicorp Snapshot
You have to give Credicorp where Credicorp is due -- in this case, Peru. Credicorp is the holding company for several financial services companies in Latin America. It owns 97% of Banco de Crédito (BCP), Peru's oldest and largest commercial bank with more than 270 branches. In addition to commercial banking, BCP provides retail and investment banking services. Credicorp also owns some 76% of El Pacífico-Peruano Suiza, which underwrites and sells insurance in Peru. Atlantic Security serves Peruvian private-banking customers in Panama. Credicorp was founded in 1995.
