Credicorp Ltd. Files 6-K on Peruvian Exchange Rate Event
Ticker: BAP · Form: 6-K · Filed: Oct 17, 2024 · CIK: 1001290
| Field | Detail |
|---|---|
| Company | Credicorp Ltd (BAP) |
| Form Type | 6-K |
| Filed Date | Oct 17, 2024 |
| Risk Level | low |
| Pages | 1 |
| Reading Time | 1 min |
| Key Dollar Amounts | $2 |
| Sentiment | neutral |
Sentiment: neutral
Topics: regulatory-filing, material-event, exchange-rate
Related Tickers: BAP
TL;DR
Credicorp filed a 6-K on Oct 16 regarding a Peruvian exchange rate event from its subsidiary Banco de Credito del Peru.
AI Summary
On October 16, 2024, Credicorp Ltd. filed a Form 6-K to notify the SEC of a material event concerning Banco de Credito del Peru. The filing specifically references the weighted exchange rate registered by the Peruvian Superintendence of Banking, Insurance and Private Pension Funds.
Why It Matters
This filing indicates a potential regulatory development or economic indicator in Peru that could impact Credicorp's operations and financial performance.
Risk Assessment
Risk Level: low — The filing is a routine notification of a material event and does not disclose specific financial impacts or negative news.
Key Players & Entities
- Credicorp Ltd. (company) — Registrant
- Banco de Credito del Peru (company) — Subsidiary
- October 16, 2024 (date) — Filing Date
- Peruvian Superintendence of Banking, Insurance and Private Pension Funds (company) — Regulatory Body
FAQ
What specific weighted exchange rate was registered by the Peruvian Superintendence?
The filing does not specify the exact weighted exchange rate, only that it is a material event being reported.
What is the significance of this weighted exchange rate to Credicorp Ltd.?
The filing does not detail the specific significance, but it is classified as a 'Material Event' requiring notification.
When was this material event concerning the exchange rate officially registered?
The filing does not state the exact date the exchange rate was registered, only that the notification was made on October 16, 2024.
Does this filing indicate any immediate financial impact on Credicorp Ltd. or Banco de Credito del Peru?
No, the filing is a notification of a material event and does not disclose any immediate financial impacts.
Is Credicorp Ltd. required to file annual reports under Form 20-F or 40-F?
Yes, Credicorp Ltd. indicates it files annual reports under cover of Form 20-F.
Filing Stats: 372 words · 1 min read · ~1 pages · Grade level 12.3 · Accepted 2024-10-17 06:02:07
Key Financial Figures
- $2 — ividend to be paid per share shall be US$2.9167, equivalent to S/11.0000 per share
Filing Documents
- ef20037347_6k.htm (6-K) — 13KB
- image00001.jpg (GRAPHIC) — 3KB
- 0001140361-24-043579.txt ( ) — 19KB
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 October 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 15026 Lima, 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 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): October 16, 2024 Securities and Exchange Commission - SEC Re.: MATERIAL EVENT Dear Sirs: We hereby notify you of the following Material Event: 1. The weighted exchange rate registered by the Peruvian Superintendence of Banking, Insurance and AFP (Superintendencia de Banca, Seguros y AFP) at the close of business on October 16, 2024, to be used for the calculation of the dividends to be paid by Credicorp Ltd. on October 18, 2024 is S/3.7714 per US Dollar. 2. In this regard, the dividend to be paid per share shall be US$2.9167, equivalent to S/11.0000 per share. This communication is related to the special dividend distribution agreement adopted by the Board of Directors on August 29, 2024, and informed to the market as a Material Event. 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/ Guillermo Morales Authorized 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: October 16, 2024 CREDICORP LTD. (Registrant) By: /s/ Guillermo Morales Guillermo Morales Authorized Representative