Announced

Completed

Creditcorp completed the acquisition of the remaining 50% stake in its joint venture with Banmédica for PEN1.1bn.

Synopsis

Creditcorp, which operates as a financial services holding company focused on banking, insurance, and pension fund management, completed the acquisition of the remaining 50% stake in its joint venture with Banmédica, a Chilean healthcare company that provides both health insurance and clinical services in Chile, Colombia, and Peru, for PEN1.1bn. "This acquisition enhances Credicorp’s ability to fulfill its aspiration of creating a more sustainable and inclusive economy by improving insurance and healthcare access while advancing financial inclusion in Peru," Gianfranco Ferrari, Credicorp CEO.

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