Credicorp Ltd - Company Profile
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Credicorp Ltd (Credicorp) is a leading financial service holding company in Peru. Improvement in AuM, deposits, and strong capital base are some of its strengths, even as its increase in non-interest expenses could be a cause of concern. Growing market for payment channels and the short-term economic outlook in Peru and emergence of fintech could provide ample growth opportunities to the company. However, risks related to online identity theft and hacking, cybersecurity and operational risks could affect the company’s business, operating results, and financial condition.
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