Credicorp Ltd is a Peruvian financial holding company, parent of Banco de Crédito del Perú (BCP), with a history dating back to 1889. The timeline traces its founding, key leadership, acquisitions, market expansions, and financial milestones on the BVL and NYSE.
Banco de Crédito del Perú (BCP) is established in Lima, becoming one of Peru's oldest banks. #finance #peru
BCP starts providing commercial banking services, focusing on trade and agriculture. #banking
BCP opens branches in major Peruvian cities, consolidating its domestic presence. #expansion
The Romero family acquires a controlling stake in BCP, beginning a long dynasty of leadership. #leadership
During Peru's military government, BCP avoids nationalization, remaining private. #history
Credicorp Ltd. is formed as a holding company through the merger of BCP, Banco Solventa, and other entities. #corporate
Credicorp shares begin trading on the Lima Stock Exchange (BVL). #ipo #peru
Credicorp completes its initial public offering on the New York Stock Exchange (NYSE) under the ticker BAP. #ipo #finance
Credicorp acquires Banco Solventa, expanding its consumer banking footprint. #acquisition
BCP launches its first digital banking platform, modernizing customer experience. #digital #banking
Expands into Bolivia by acquiring Banco de Crédito de Bolivia. #expansion
Credicorp navigates the global financial crisis with resilient performance, maintaining profitability. #crisis
Credicorp buys Atlantic Security Bank, strengthening its wealth management and international operations. #acquisition
BCP receives 'Best Bank in Peru' award from Euromoney for its financial performance. #award
BCP introduces Yape, a mobile payment app that becomes widely adopted in Peru. #fintech
Credicorp expands its agribusiness lending, supporting Peru's agricultural sector. #agribusiness
Dionisio Romero Paoletti assumes chairmanship, continuing family leadership. #leadership
Credicorp becomes a major component of the Peruvian stock market index. #stockmarket
Credicorp partners with Silver Lake to accelerate digital innovation. #digitaltransformation
Credicorp increases digital services and offers loan relief to customers during the pandemic. #covid19
Assets exceed $10 billion, highlighting growth. #growth
BCP launches program to expand banking access to underserved communities. #inclusion
Net income hits record $1.2 billion driven by strong loan growth. #earnings
Credicorp announces acquisition of a regional bank in Central America. #expansion