Lima, PERU, May 7th, 2018 - Today, Credicorp Ltd. has transferred over the Bolsa de Valores de Lima to its subsidiary, Grupo Credito S.A. (GC) 220,113,636 shares of Banco de Credito del Peru (BCP) owned by Credicorp Ltd., which represent 2.77% of BCP's share capital. The amount paid per share was S/ 6.61.
This transfer has been conducted within the framework of a reorganization process within Credicorp, without causing any change in control of BCP because Credicorp, through its subsidiary GC, will continue to own 97.69% of the shares of BCP.
Credicorp Ltd. (NYSE: BAP) is the leading financial holding in Peru. It is composed of Banco de Credito del Peru (BCP), Atlantic Security Holding Corporation (ASHC), Grupo Pacifico Seguros, Prima AFP, and Credicorp Capital, which are among Peru's top-rated brands. Credicorp is mainly involved in banking (commercial & investment banking and retail banking, including SME and micro-lending), insurance (including property and casualty, life and health insurance), pension funds (private pension fund management services) and brokerage services (including trust, custody and securitization services, asset management and proprietary trading and investment).
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Source: Credicorp Ltd. via Globenewswire