Credicorp Ltd. is the largest financial services holding company in Peru, with a diversified presence across Latin America. Established in 1995 and incorporated in Bermuda, Credicorp operates through four main business segments: Universal Banking, Microfinance, Insurance and Pensions, and Investment Banking and Wealth Management. The company's key subsidiaries include Banco de Crédito del Perú (BCP), Mibanco, Pacífico Seguros, Prima AFP, and Credicorp Capital, collectively serving millions of clients across Peru, Bolivia, Colombia, Chile, Panama, and the United States.
BCP, founded in 1889, is Peru's largest bank and the cornerstone of Credicorp's operations, offering a comprehensive range of financial services to individuals and businesses. Mibanco specializes in microfinance, focusing on providing financial solutions to small and micro-enterprises. Pacífico Seguros offers a broad spectrum of insurance products, including life, health, and property insurance, while Prima AFP manages private pension funds. Credicorp Capital delivers investment banking and wealth management services across the region.
Credicorp has been proactive in embracing digital transformation to enhance customer experience and operational efficiency. The company has invested in digital platforms like Yape, a mobile payment application with over 15 million users, to facilitate seamless financial transactions. Additionally, Credicorp's innovation arm, Krealo, focuses on developing and investing in fintech startups across Latin America, further strengthening its digital ecosystem.