March 11, 2003


Securities and Exchange Commission,
450 Fifth Street, N.W.,
Washington, D.C.  20549

Re:      Credicorp Ltd. - Report on Form 6-K

Dear Sirs:

On behalf of Credicorp Ltd. (the "Company"), I hereby notify you of the
following Material Event on the Company's Report on Form 6-K (the "Form 6-K").
The attached Material Event ("Hecho de Importancia") are being furnished to the
Securities and Exchange Commission pursuant to Rule 13a-16 and Form 6-K under
the Securities Exchange Act of 1934, as amended.

This Report contains a copy of the following:

Notice of Material Event, submitted to CONASEV and the "Bolsa de Valores de
Lima" on February 26, 2003.

Notice of Material Event, submitted to CONASEV and the "Bolsa de Valores de
Lima" on February 28, 2003.

Please direct any questions or comments you may have regarding this filing to
the undersigned at 156 Calle Centenario, La Molina, Lima - 12 Peru.

Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.


Credicorp Ltd.

Name: Ray Campos
Title:   Authorized Representative



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February 26, 2003


CONASEV


Material Event


Dear Sirs:

Credicorp Ltd., in accordance with articles 10 y 28 of the Ley de Mercado de
Valores and the CONASEV resolution N(0)107-2002-EF/94.10, complies in informing
of the following Material Event or "Hecho de importancia".

The Board of Directors of Credicorp has communicated that its Colombian
subisidiary, Banco Tequendama, S.A. has transferred all of its operations and
the equity of its branch in Venezuela to a new bank that will initially operate
in that country as Banco Tequendama C.A., and the shortly it will change its
name. Banco Tequendama S.A., Colombia has transferred its participation in this
new bank that has been established jointly with a group of investors who have
experience in the Venezuelan financial sector. Banco Tequendama S.A., Colombia
will continue to operate in Venezuela through this new bank which will serve as
its correspondent bank for that country.


Sincerely,





Benedicto Ciguenas
Company Representative
CREDICORP LTD.


February 28, 2003

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CONASEV


Material Event


Dear Sirs:

Credicorp Ltd., in accordance with articles 10 y 28 of the Ley de Mercado de
Valores and the CONASEV resolution N(0)107-2002-EF/94.10, complies in informing
of the following Material Event or "Hecho de importancia".

Credicorp's Board, in a session held on Thursday, February 27, agreed, in
accordance with the powers granted by the Company's Bye-Laws, to declare a
dividend to its shareholders in the amount of US$28,314,695. This amount is to
be divided equally by 94,382,317 which corresponds to the total number of shares
outstanding, representing US$0.30 per share. This dividend is to be paid to all
shareholders who (i.) have acquired shares in the company up to and including
April 11, 2003, and (ii.) are registered with the company before April 16, 2003.
These dividends will distribute at the end of the day on April 30, 2003.

In accordance with the CONASEV resolution No. 107-2002-EF/94.10.0, we are
enclosing the company's Annual Report and the external Auditor's Report (from
Dongo-Soria Gaveglio y Asociados) of the company's consolidated financial
statements as of December 31, 2002. These documents were approved by the
company's Board and are to be presented to shareholder's at the company's AGM
which will be held on March 28 as was communicated on January 27, 2003. The
company's Annual Report is subject to modifications.




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