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Blue Chip Growth

Stock Report: Credicorp Ltd. (BAP) Report Updated: Apr 25, 2016 | Print This Page

Credicorp Ltd.© quotemedia

Company Profile

Credicorp Ltd., through its banking and non-banking subsidiaries, provides a range of financial, insurance, and health services and products primarily in Peru and internationally. It operates through four segments: Banking, Insurance, Pension Funds, and Investment Banking. The Banking segment offers commercial and consumer loans, credit facilities, deposits, current accounts, and credit cards. This segment engages in the wholesale banking activities, including corporate and middle-market banking business; retail banking activities, such as mortgage, consumer financing, and wealth management; treasury activities comprising money market trades, foreign exchange trading, derivatives, and proprietary trading; microlending; and private banking, asset management, and proprietary investment activities. The Insurance segment provides property, transportation, marine hull, automobile, life, health, and pension fund underwriting insurance. It also provides health and wellness programs, primary and specialized ambulatory services, and comprehensive acute care services. The Pension Funds segment offers private pension fund management services to individuals. The Investment Banking segment provides asset management services, including mutual, investment, and alternative funds, as well as structured, cross-border, and offshore initiatives to clients in retail, private and high net worth, corporate, and institutional segments; and equity and fixed income products, as well as exchange rate products and derivatives. This segment also provides corporate finance products, such as advisory services to structure mid- and long-term financing; and structure and place equity and fixed income instruments in capital markets, as well as financial advisory services and advisory services for mergers and acquisitions. The company also operates dental center, and laboratory, as well as sells medical products. Credicorp Ltd. was founded in 1889 and is headquartered in Lima, Peru.