Credicorp Ltd. Files 6-K for Corrections

Ticker: BAP · Form: 6-K · Filed: Aug 15, 2024 · CIK: 1001290

Credicorp Ltd 6-K Filing Summary
FieldDetail
CompanyCredicorp Ltd (BAP)
Form Type6-K
Filed DateAug 15, 2024
Risk Levellow
Pages2
Reading Time2 min
Sentimentneutral

Sentiment: neutral

Topics: correction, filing, regulatory

Related Tickers: BAP

TL;DR

Credicorp Ltd. filing 6-K to fix prior reporting errors. Watch for updates.

AI Summary

Credicorp Ltd. filed a Form 6-K on August 15, 2024, to correct information previously submitted. The filing specifically addresses corrections related to its subsidiary, Banco de Credito del Peru, located at Calle Centenario 156, La Molina, Lima 12, Peru. This report is filed under the 1934 Securities Exchange Act.

Why It Matters

This filing indicates a need for accuracy in reporting by Credicorp Ltd., potentially impacting investor confidence and regulatory compliance.

Risk Assessment

Risk Level: low — The filing is a routine correction of previously submitted information and does not indicate new material adverse events.

Key Players & Entities

  • Credicorp Ltd. (company) — Registrant
  • Banco de Credito del Peru (company) — Subsidiary
  • Milagros Cigüenza (person) — Authorized Representative
  • August 15, 2024 (date) — Filing Date

FAQ

What specific information is being corrected in this 6-K filing?

The filing indicates it is a correction to certain information previously submitted, specifically referencing its subsidiary, Banco de Credito del Peru.

What is the filing date of this Form 6-K?

The filing date is August 15, 2024.

Which subsidiary is mentioned in relation to the corrections?

Banco de Credito del Peru is mentioned in relation to the corrections.

Under which act is this report filed?

This report is filed pursuant to Rule 13a-16 or 15d-16 under the Securities Exchange Act of 1934.

Who signed this Form 6-K on behalf of Credicorp Ltd.?

Milagros Cigüenza, as an Authorized Representative, signed the Form 6-K.

Filing Stats: 542 words · 2 min read · ~2 pages · Grade level 12.9 · Accepted 2024-08-15 06:02:59

Filing Documents

From the Filing

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 August 2024 Commission File Number: 001-14014 CREDICORP LTD. (Translation of registrant's name into English) Of our subsidiary Banco de Credito del Peru: Calle Centenario 156 La Molina Lima 12, Peru (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 Form 40-F 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: August 15 th , 2024 CREDICORP LTD. (Registrant) By: /s/ Milagros Cigeas Milagros Cigeas Authorized Representative August 15, 2024 Securities and Exchange Commission - SEC Re.: CORRECTION TO CERTAIN ACCUMULATED RATIOS IN 2Q24 EARNINGS MATERIALS Attached herewith find a Press Release dated August 13, 2024, in which Credicorp Ltd. announced corrections to four ratios published in its 2Q24 Earnings Materials. The information in this Form 6-K (including any exhibit hereto) shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934 (the Exchange Act') or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933 or the Exchange Act. Sincerely, /s/ Milagros Cigeas Authorized Representative Credicorp Ltd. Credicorp Corrects Certain Accumulated Ratios in 2Q24 Earnings Materials and Reaffirms 1H24 Financials and 2024 Guidance Lima, PERU, August 13, 2024 – Credicorp Ltd. ("Credicorp" or "the Company") (NYSE: BAP | BVL: BAP) announces to its shareholders and the market, corrections to four ratios published in its 2Q24 Earnings Materials. These amendments are attributable to miscalculations on certain accumulated performance indicators. Below is a table including the reported and corrected indicators, presented on the Companys 2Q24 Earnings Release. Performance Indicator Originally Reported Figure Corrected Figure Location in Earnings Release 1H24 ROE 17.2% 17.6% Pages 3 and 11 1H24 Funding cost 3.16% 2.90% Page 11 1H24 Operating expenses / Total average assets 7.4% 3.7% Page 11 1H23 Operating Expenses / Total average assets 7.1% 3.5% Page 11 The above-mentioned corrections do not affect the Company's reported IFRS financial results nor the Company's full year 2024 guidance, as announced on August 8, 2024. The Company will replace its quarterly materials (Earnings Release, Conference Call Presentation and Historical Consolidated Charts) to reflect the conforming corrections for the following metrics: ROE for 1H24, Funding cost for 1H24, and Operating expenses to Total average assets for 1H23 and 1H24. About Credicorp Credicorp Ltd. (NYSE: BAP) is the leading financial services holding company in Peru with presence in Chile, Colombia, Bolivia, and Panama. Credicorp has a diversified business portfolio organized into four lines of business: Universal Banking, through Banco de Credito del Peru – BCP and Banco de Credito de Bolivia; Microfinance, through Mibanco in Peru and Colombia; Insurance & Pension Funds, through Grupo Pacifico and Prima AFP; and Investment Management & Advisory, through Credicorp Capital, Wealth Management at BCP and ASB Bank Corp. For further information please contact the IR team: Investorrelations@credicorpperu.com Investor Relations Credicorp Ltd.

View Full Filing

View this 6-K filing on SEC EDGAR

View on ReadTheFiling | About | Contact | Privacy | Terms

Data from SEC EDGAR. Not affiliated with the SEC. Not investment advice. © 2026 OpenDataHQ.