Fitch Affirms Credicorp Ltd. Ratings with Stable Outlook
Ticker: BAP · Form: 6-K · Filed: Jun 13, 2025 · CIK: 1001290
| Field | Detail |
|---|---|
| Company | Credicorp Ltd (BAP) |
| Form Type | 6-K |
| Filed Date | Jun 13, 2025 |
| Risk Level | low |
| Sentiment | neutral |
Sentiment: neutral
Topics: credit-rating, financial-health, fitch-ratings
TL;DR
Fitch likes Credicorp, keeping their 'BBB+' rating and stable outlook.
AI Summary
On June 12, 2025, Fitch Ratings affirmed Credicorp Ltd.'s long-term issuer default rating at 'BBB+' and its viability rating at 'bbb+'. The outlook for the issuer default rating remains stable, reflecting the company's strong financial profile and market position.
Why It Matters
This affirmation by Fitch Ratings indicates continued financial stability and creditworthiness for Credicorp Ltd., which can influence investor confidence and borrowing costs.
Risk Assessment
Risk Level: low — The filing is a routine update on credit ratings from Fitch, with a stable outlook, indicating no immediate negative developments.
Key Numbers
- BBB+ — Issuer Default Rating (Affirmed by Fitch Ratings)
- bbb+ — Viability Rating (Affirmed by Fitch Ratings)
Key Players & Entities
- Credicorp Ltd. (company) — Registrant
- Fitch Ratings (company) — Rating Agency
- Banco de Credito del Peru (company) — Subsidiary
- June 12, 2025 (date) — Date of Fitch Ratings' action
- BBB+ (rating) — Fitch's long-term issuer default rating
- bbb+ (rating) — Fitch's viability rating
FAQ
What specific ratings did Fitch Ratings affirm for Credicorp Ltd.?
Fitch Ratings affirmed Credicorp Ltd.'s long-term issuer default rating at 'BBB+' and its viability rating at 'bbb+'.
What is the outlook for Credicorp Ltd.'s issuer default rating?
The outlook for Credicorp Ltd.'s issuer default rating remains stable.
When did Fitch Ratings take this rating action?
Fitch Ratings took this rating action on June 12, 2025.
Which subsidiary of Credicorp Ltd. is mentioned in the filing?
The filing mentions Credicorp Ltd.'s subsidiary, Banco de Credito del Peru.
What type of filing is this report?
This report is a Form 6-K, a Report of Foreign Private Issuer.
Filing Details
This Form 6-K (Form 6-K) was filed with the SEC on June 13, 2025 regarding CREDICORP LTD (BAP).