The objective of the Peruvian financial holding company is to “build a broader regional value proposition” and gain ground as the most important of its kind in the region, according to information submitted to the Superintendence of the Securities Market (SMV).
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Credicorp Perú announced this Thursday the creation of a new bank in Chile, as part of an ambitious strategy by the Peruvian financial holding company to position itself as the most important in the region.
In a fact of high importance before the Superintendency of the Securities Market (SMV) of Peru, Credicorp reported that it will present to the Chilean Financial Market Commission (CMF) the request for “the beginning of the process of granting a banking license and the granting of a provisional authorization certificate for the constitution of a new banking entity in the neighboring country”.
According to information collected by media in that country, Credicorp Peru’s objective is to “build a broader regional value proposition.”
Credicorp also presents changes in its management team: Alejandro Pérez-Reyes will replace the outgoing financial director, César Ríos, from July, who will then become director of revenues of Credicorp and Banco de Crédito del Perú (BCP).
He also announced the creation of the position of director of strategy, which will be occupied by Michelle Labarth, former director of Rothchild and Lehmann Brothers, and who will report directly to general management.
It should be noted that, in November, the investment platform “tyba by Credicorp Capital”, which was born in Colombia and later arrived in Peru, announced its arrival in Chile. The projection is to close 2023 with a portfolio of US$ 550 million managed.
Source: Larepublica
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