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Credicorp ( (BAP) ) just unveiled an announcement.
On January 21, 2025, Credicorp Ltd. disclosed a material event in response to a request from the Peruvian Securities Market Superintendency regarding a previous announcement made on December 30, 2024. The company reported a potential economic impact of up to $125.3 million due to the repurchase of investments in two Credicorp Capital funds. Legal actions are being pursued in Chile against Sartor AGF, with no anticipated legal impact on Credicorp itself, as it had no direct contractual ties with Sartor AGF.
More about Credicorp
Credicorp Ltd. operates in the financial sector and provides a range of financial services including banking, insurance, and investment management, primarily targeting the Peruvian market.
YTD Price Performance: -1.01%
Average Trading Volume: 252,425
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $14.49B
For detailed information about BAP stock, go to TipRanks’ Stock Analysis page.
