Credicorp Ltd. Files 6-K for Material Event
Ticker: BAP · Form: 6-K · Filed: Aug 20, 2025 · CIK: 1001290
| Field | Detail |
|---|---|
| Company | Credicorp Ltd (BAP) |
| Form Type | 6-K |
| Filed Date | Aug 20, 2025 |
| Risk Level | low |
| Pages | 4 |
| Reading Time | 5 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: material-event, foreign-private-issuer, sec-filing
TL;DR
Credicorp Ltd. filed a 6-K on 8/20/25 to report a material event.
AI Summary
Credicorp Ltd. filed a Form 6-K on August 20, 2025, to report a material event. The filing indicates that the company is a foreign private issuer and will file annual reports under Form 20-F. The principal executive office of its subsidiary, Banco de Credito del Peru, is located in Lima, Peru.
Why It Matters
This filing serves as an official notification to the SEC about a significant development within Credicorp Ltd., which could impact investors' understanding of the company's operations or regulatory standing.
Risk Assessment
Risk Level: low — This filing is a routine disclosure of a material event and does not inherently present new financial risks.
Key Players & Entities
- Credicorp Ltd. (company) — Registrant
- Banco de Credito del Peru (company) — Subsidiary
- August 20, 2025 (date) — Filing Date
FAQ
What type of filing is Credicorp Ltd. submitting?
Credicorp Ltd. is submitting a Form 6-K, which is a Report of Foreign Private Issuer.
When was this Form 6-K filed?
The Form 6-K was filed on August 20, 2025.
What is the primary purpose of this Form 6-K filing?
The filing serves to notify the SEC of a material event that Credicorp Ltd. has become aware of.
Which subsidiary's address is provided in the filing?
The address of its subsidiary, Banco de Credito del Peru, is provided.
Does Credicorp Ltd. file annual reports under Form 20-F or 40-F?
Credicorp Ltd. indicates that it files annual reports under cover of Form 20-F.
Filing Stats: 1,188 words · 5 min read · ~4 pages · Grade level 13.7 · Accepted 2025-08-20 06:02:32
Filing Documents
- ef20054196_6k.htm (6-K) — 27KB
- image00001.jpg (GRAPHIC) — 3KB
- 0001140361-25-031995.txt ( ) — 33KB
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 2025 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): ____ August 20, 2025 Securities and Exchange Commission - SEC Re.: MATERIAL EVENT Dear Sirs: We hereby notify you as a Material Event that we have become aware of the publication of inaccurate information regarding Credicorp Ltd. (Credicorp) in a printed article titled " Credicorp will not distribute dividends to shareholders due to payment to Sunat ," published on August 18, 2025, in the Peruvian newspaper Gestin . In this regard, and further to the Material Event disclosed on August 14, 2025, we would like to clarify that the article's headline is misleading. It incorrectly suggests that no dividends will be distributed to shareholders, when what should have been stated is that no extraordinary cash dividend will be distributed for the remainder of the year. Such extraordinary dividends are only issued when there is a cash surplus, which is not the case at this time. The information in this Form 6-K has been disclosed in Peru in conformity with Peruvian law (Article 30 of the Capital Markets Law, approved by Supreme Decree 020-2023-EF, and by the Regulation of the Disclosure of Material Events and Reserved Information approved by Resolution 005-2014-SMV/01 of the Peruvian Capital Markets Superintendency). The attached news article was translated into English from the original in Spanish. 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: August 20, 2025 CREDICORP LTD. (Registrant) By: /s/ Guillermo Morales Guillermo Morales Authorized Representative Lima, August 18, 2025 – GESTIN IMPACT OF TAX AUTHORITY RESOLUTION ON THE COUNTRY'S LARGEST FINANCIAL GROUP Credicorp will not distribute dividends to shareholders due to payment to Sunat The payment of S/1.577 billion to the tax authority for a debt that the holding company is disputing will prevent it from delivering shareholder benefits this semester, as previously planned. The economic group maintains that the contingency does not affect the results of its operations but does impact its cash flow and estimates that the appeal process could extend for five years. Credicorp indicators in the second quarter 2025 2024 Return on Equity (ROE %) 20.7 16.2 Net Income (million S/) 1822 1339.1 Revenue (million S/) 3615 3468 Loans (million S/) 140962 146947 Deposits (million S/) 154723 151972 Written by: ZULEMA RAMIREZ HUANCAYO (Name included to acknowledge authorship of the original article in Spanish) Credicorp paid S/1.577 billion to Sunat due to Tax Assessment and Fine resolutions against its subsidiary Grupo Crdito. However, it announced it will challenge both resolutions. "We reaffirm our decision to exercise all available legal rights to challenge the resolutions, as we consider them unfounded. We are confident in a favorable outcome and continue to assess the contingency as remote," stated Alejandro Prez Reyes, CFO of Credicorp. The payment does not affect the operations of its subsidiaries, so no expense provisions have been deemed necessary. However, due to this disbursement, the holding company does not plan to issue extraordinary dividends for the remainder of the year. "The money we expected to distribute as an extraordinary dividend is what we are using to pay Sunat's claim. It only has an impact this year," he said during the second-quarter results presentation. Gianfranco Ferrari, CEO of Credicorp, added that the holding's dividend policy remains unchanged. Process "Since we had to pay nearly S/1.6 billion to Sunat, those funds are no longer available for dividends. While this doesn't affect our income