1. Prioritizing Leading Market Positions in an Underpenetrated Region
We are the #1 diversified, solid & sustainable financial services group in Peru, with significant growth potential across the Andean Region.
2. Diversified, Customer-centric Synergetic Organization, Leveraging Cross-sales
Our diversified portfolio is the result of focusing on customer needs, which drives our market leadership and provides cross-selling opportunities.
3. Leveraging Digital Talent & Data-driven Capabilities to Transform and Disrupt Ourselves
Investing heavily in transforming our core business to strengthen our leadership position, improve the customer experience and grow efficiently:
- Embracing a self-disrupting mindset
- Creating value through Agility and UX
- Strengthening our data-driven organization with tech capabilities
Developing and acquiring tech talent.
Decentralized innovation portfolio complements our core business, driving growth of new revenue streams fostered by expedited decision-making and an entrepreneurial culture:
- Aim for disruptive innovation initiatives to contribute 10% of Credicorp's revenues after provisions by 2026
- Execute inside-out innovation through Line of Business Innovation Labs
Explore and implement outside-in innovation through Krealo, our Corporate Venture Capital arm
4. Attractive Portfolio Return and Resilience Through Economic Cycles
- We have a demonstrated ability to manage through the cycles, increasing our leadership position in tough times, and thriving in good times
On track to achieve our sustainable ROE target of 18%
5. Sustainability at the Core of our Strategy
We defined and committed to a 2020-2025 sustainability strategy supported by three main pillars:
