Credicorp Files 20-F/A Amendment, Confirms Well-Known Issuer Status

TL;DR

**BAP's 20-F/A is a routine administrative update, signaling business as usual and strong regulatory compliance, so don't expect any market-moving news here.**

AI Summary

CREDICORP LTD (BAP) filed an amended 20-F/A for the fiscal year ended December 31, 2024, confirming its status as a well-known seasoned issuer and compliance with SEC filing requirements. The filing, an amendment to its annual report, primarily updates administrative and contact information, including the address of its principal executive offices at Calle Centenario 156 La Molina 15026 Lima, Peru, for its subsidiary Banco de Credito del Peru. As of the close of the reporting period, CREDICORP LTD reported 94,382,317 outstanding Common Shares, par value $5.00 per share. The amendment also reiterates the company's registration of Common Shares on the New York Stock Exchange under the trading symbol BAP. While specific revenue and net income figures are not detailed in this amendment, the filing confirms the company's ongoing regulatory adherence and operational structure. The document was filed on July 22, 2025, for the period ending December 31, 2024, indicating timely compliance. The amendment does not introduce new material business changes or significant risks, focusing instead on refining previously submitted information.

Why It Matters

This 20-F/A amendment from CREDICORP LTD (BAP) is important for investors as it confirms the company's continued compliance with SEC reporting obligations and its status as a well-known seasoned issuer, which can streamline future capital-raising efforts. For employees and customers, it signals stability and adherence to regulatory standards, reinforcing trust in the institution, particularly its subsidiary Banco de Credito del Peru. In the broader market, BAP's consistent regulatory filings underscore its position as a significant player in the financial sector, maintaining transparency and operational integrity against competitors. The confirmation of 94,382,317 outstanding shares provides clarity on its capital structure.

Risk Assessment

Risk Level: low — The risk level is low because this 20-F/A is an amendment to an annual report, primarily updating administrative details and confirming regulatory compliance. It does not introduce new material risks, financial changes, or operational challenges. The filing explicitly states CREDICORP LTD is a 'well-known seasoned issuer' and has 'filed all reports required' during the preceding 12 months, indicating robust governance.

Analyst Insight

Investors should view this 20-F/A as a non-event, confirming CREDICORP LTD's ongoing regulatory adherence rather than signaling new financial or operational developments. No immediate action is required based on this administrative filing; continue to monitor BAP for substantive financial reports.

Key Numbers

• 94,382,317 — Outstanding Common Shares (As of December 31, 2024, par value $5.00 per share)
• $5.00 — Par value per Common Share (Value of each outstanding common share)
• 1-14014 — Commission file number (SEC file number for Credicorp Ltd.)
• 2024-12-31 — Fiscal year end date (Period covered by the annual report amendment)
• 2025-07-22 — Filed as of date (Date the 20-F/A amendment was filed)

Key Players & Entities

• CREDICORP LTD (company) — Registrant and well-known seasoned issuer
• Banco de Credito del Peru (company) — Subsidiary of Credicorp Ltd.
• Alejandro Pérez-Reyes (person) — Chief Financial Officer and Company Contact Person
• New York Stock Exchange (regulator) — Exchange where BAP Common Shares are registered
• SEC (regulator) — United States Securities and Exchange Commission
• Bermuda (regulator) — Jurisdiction of incorporation for Credicorp Ltd.
• Lima, Peru (regulator) — Location of principal executive offices for Banco de Credito del Peru

FAQ

Industry Context

Credicorp Ltd. operates within the financial services sector, specifically as a commercial bank holding company. The sector is characterized by stringent regulatory oversight and is sensitive to macroeconomic conditions in its operating regions, primarily Peru and other Latin American countries. Competition typically comes from other large domestic and international financial institutions.

Regulatory Implications

As a foreign private issuer filing with the SEC, Credicorp Ltd. must adhere to U.S. securities laws and regulations. This amended filing confirms ongoing compliance, particularly regarding administrative and contact information updates, and its status as a well-known seasoned issuer.

What Investors Should Do

1. Review previous 20-F filings for detailed financial performance.
2. Monitor future filings for updated financial performance and strategic disclosures.

Key Dates

• 2024-12-31: Fiscal year end — Marks the end of the reporting period for the annual report amendment.
• 2025-07-22: Filing of 20-F/A amendment — Indicates timely compliance with SEC filing requirements for the fiscal year 2024.

Glossary

20-F/A

An amended annual report filed by foreign private issuers with the U.S. Securities and Exchange Commission (SEC). The '/A' signifies an amendment to a previously filed document. (This filing is an amendment to Credicorp Ltd.'s annual report, primarily for administrative updates.)

Well-known seasoned issuer

A class of issuers that have a history of timely SEC filings and a public float of at least $700 million, allowing them certain filing accommodations. (Credicorp Ltd. confirms its status as a well-known seasoned issuer in this filing.)

Common Shares, par value $5.00 per share

The basic units of ownership in Credicorp Ltd., each with a nominal par value of $5.00. (The filing details the number of outstanding common shares as of the fiscal year-end.)

Trading Symbol BAP

The ticker symbol under which Credicorp Ltd.'s common shares are traded on the New York Stock Exchange. (Confirms the listing and trading of Credicorp Ltd.'s shares on a major U.S. exchange.)

Year-Over-Year Comparison

This amended 20-F/A filing does not provide comparative financial data against the previous year. It primarily serves to update administrative information, such as the principal executive office address for its subsidiary Banco de Credito del Peru, and confirm the number of outstanding common shares as of December 31, 2024. No new material risks or significant business changes are detailed in this amendment.

Filing Details

This Form 20-F/A (Form 20-F/A) was filed with the SEC on July 22, 2025 by Alejandro Pérez-Reyes regarding CREDICORP LTD (BAP).

View full filing on EDGAR

View Full Filing

View this 20-F/A filing on SEC EDGAR