SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

  

FORM 6-K

 

Report of Foreign Private Issuer

Pursuant to Rule 13a-16 or 15d-16 under the

Securities Exchange Act of 1934

 

For the month of November 2012

 

Commission File Number: 001-14014

 

CREDICORP LTD.

 

(Translation of registrant’s name into English))

 

Clarendon House

Church Street

Hamilton HM 11 Bermuda

(Address of principal executive office)

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.  

 

Form 20-F x  Form 40-F o

 

 

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): ____

 

 

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): ____

 

 

 

 

November 29^th, 2012

 

SUPERINTENDENCIA DEL MERCADO DE VALORES - SMV

Re.: MATERIAL EVENT

 

Dear Sirs:

 

In accordance with CONASEV Article 28° of the Consolidated Text of the Law on Securities Market, approved by Supreme Decree No. 093-2002-EF Resolution for Material Events, Reserved Information and Other Communications N° 107-2002-EF/94.10, as modified by CONASEV Resolution N° 009-2003-EF/94.10, Credicorp Ltd. complies with notifying you of the following Material Event:

 

Credicorp’s Board of Directors decided, at its session held on November 28^th, to strengthen Credicorp’s equity by increasing its Special Reserves by an amount of US$ 450,000,000 (four hundred and fifty million U.S dollars) while reducing its Voluntary Reserves in the same amount. The Board has also agreed not to reduce its Special Reserves without the Supervisor’s authorization.

 

These decisions aim to comply with the capital requirements (Resolution No. 11823-2010) defined by the Superintendency of Banking, Insurance and Pension Funds in Peru, country where Credicorp’s subsidiaries perform most of their operations.

 

 

Sincerely,

 

Mario Ferrari Quiñe

Stock Market Representative

Credicorp Ltd.

 

  

SIGNATURE

 

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.

 

Date: November 29, 2012

 

	CREDICORP LTD. (Registrant)
	By:	/s/ Mario Ferrari
		Mario Ferrari
		Authorized Representative