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Its main operating subsidiaries are Banco de Crédito del Perú (BCP), Mibanco, BCP Bolivia, Atlantic Security Bank (ASB), Grupo Pacífico Seguros, Prima AFP, and Credicorp Capital, brands which are the most valued in Peru. Credicorp has four lines of business: universal banking, microfinance, insurance and pensions, and investment banking and wealth management. In addition, through Krealo, the innovative arm of the corporation, it creates, invests in and manages fintechs and startups in Latin America.
Credicorp was established in 1995 through the acquisition of the majority of the common shares of Banco de Crédito del Perú, Atlantic Security Holding Co. and Pacífico Seguros. The company was then listed on the New York Stock Exchange and the common shares have been traded there ever since.
Credicorp was founded in 1995 after acquiring the common shares of Banco de Crédito del Perú (BCP), Atlantic Security Holding Corporation and Pacífico Compañía de Seguros y Reaseguros S.A.: 90.1%, 98.2% and 75.8%, respectively. The shares began trading on the New York Stock Exchange after the Exchange Offering. In 1996, Credicorp acquired the remaining 1.8% of the shares of Atlantic Security Holding Corporation.
