On the Record · Credicorp
Credicorp acquisitions, on the record
The businesses Credicorp bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.
Deals its annual reports describe
| Business | Deal | When | Value |
|---|---|---|---|
Mibanco shares from minority shareholders (3.23% and 0.06%, via Grupo Crédito S.A. and BCP Stand-alone)Word for word“On April 18, 2018, Credicorp Ltd., through its subsidiaries Grupo Crédito S.A. and BCP Stand-alone, acquired 3.23% and 0.06%, respectively, of the share capital of Mibanco from minority shareholders for approximately S/129.0 million and S/2.4 million, respectively.” 20-F for 2023 | acquisition | On April 18, 2018 | approximately S/129.0 million and S/2.4 million, respectively |
Bancompartir (77.46% of capital stock)Word for word“On December 2, 2019, Credicorp Ltd. announced that after obtaining the necessary regulatory approvals, it completed the acquisition of 77.46% of the capital stock of Bancompartir for approximately US$76.0 million, as part of Credicorp Ltd.’s strategy of expanding its microfinance business in Latin America.” 20-F for 2023 | acquisition | On December 2, 2019 | approximately US$76.0 million |
Ultraserfinco S.A. Comisionista de Bolsa and its subsidiariesWord for word“On November 1, 2019, after obtaining the necessary regulatory approvals, the acquisition of 100% of the capital stock of Ultraserfinco S.A. Comisionista de Bolsa was completed through Credicorp Holding Colombia S.A.S. and Credicorp Capital Fiduciaria S.A.” 20-F for 2023 | acquisition | On November 1, 2019 | — |
Atlantic Security Bank (Cayman Islands) and ASB Bank Corp. (Panama)Word for word“On August 2, 2021, we finalized the merger by absorption between Atlantic Security Bank (Cayman Islands) and ASB Bank Corp. (Panama), with the latter being the surviving entity.” 20-F for 2023 | merger | On August 2, 2021 | — |
Culqi (Compañía Incubadora de Soluciones Móviles S.A.), 91.36% stakeWord for word“In January 2019, Grupo Crédito S.A. acquired 91.36% of Compañía Incubadora de Soluciones Móviles S.A. (“Culqi”).” 20-F for 2023 | acquisition | In January 2019 | — |
Wally POS S.A.C.Word for word“We acquired Wally POS S.A.C. in January 2022 with the purpose of facilitating the management of client businesses through electronic tools and software that allows for the control of key aspects such as electronic invoicing, inventory control, and reports.” 20-F for 2023 | acquisition | In January 2022 | — |
Sami Shop S.A.CWord for word“We acquired Sami Shop S.A.C in June 2022, which is a company that offers e-commerce platforms to small, medium and large companies.” 20-F for 2023 | acquisition | In June 2022 | — |
Monokera S.A.S, 59.96% stakeWord for word“In December 2022, Krealo Management acquired a 59.96% stake in Monokera S.A.S, a company that offers e-commerce platforms for selling insurance products.” 20-F for 2023 | acquisition | In December 2022 | — |
JoinnusWord for word“Joinnus was acquired in March 2023.” 20-F for 2023 | acquisition | March 2023 | — |
Correval S.A. Comisionista de Bolsa (51.0% stake) and IM Trust S.A. (60.6%)Word for word“During 2012, Credicorp initiated the creation of a regional investment banking platform. During the same year, the firm acquired a 51.0% stake in Correval S.A. Comisionista de Bolsa in Colombia and 60.6% of IM Trust S.A.” 20-F for 2023 | acquisition | During 2012 | — |
Pacífico EPS (remaining 50% stake)Word for word“On November 1, 2024, Credicorp reached an agreement with Empremedica SA, a wholly owned subsidiary of Empresas Banmédica (hereinafter "Banmédica"), to acquire the remaining 50% percent stake in Pacifico S.A. Health Service Provider (“Pacífico EPS”) and consolidate 100% of the private health insurance business in Peru as per the termination of the joint venture agreement made in December 2014 between Pacifico Compañía de Seguros y Reaseguros S.A.” 20-F for 2024 | agreed acquisition | On November 1, 2024 | — |
Mibanco Colombia (Bancompartir) 77.46% stakeWord for word“On December 2, 2019, Credicorp Ltd. announced that after obtaining the necessary regulatory approvals, it completed the acquisition of 77.46% of the capital stock of Bancompartir for approximately US$76.0 million, as part of Credicorp Ltd.’s strategy of expanding its microfinance business in Latin America.” 20-F for 2024 | acquisition | On December 2, 2019 | approximately US$76.0 million |
Ultraserfinco S.A. Comisionista de BolsaWord for word“On November 1, 2019, after obtaining the necessary regulatory approvals, the acquisition of 100% of the capital stock of Ultraserfinco S.A. Comisionista de Bolsa was completed through Credicorp Holding Colombia S.A.S. and Credicorp Capital Fiduciaria S.A.” 20-F for 2024 | acquisition | On November 1, 2019 | — |
Compañia Incubadora de Soluciones Moviles S.A. (Culqi)Word for word“In January 2019, Grupo Crédito S.A. acquired 91.36% of Compañia Incubadora de Soluciones Moviles S.A. ( Culqi).” 20-F for 2024 | acquisition | In January 2019 | — |
Monokera S.A.S (60.71% stake)Word for word“In December 2022, Krealo Management S.A. acquired a 60.71% stake in Monokera S.A.S, a company that offers e-commerce platforms for selling insurance products through a commission-based business model.” 20-F for 2024 | acquisition | December 2022 | — |
Bancompartir and Edyficar S.A.S. (Encumbra)Word for word“On October 30, 2020, Credicorp Ltd. confirmed the merger of Bancompartir and Edyficar S.A.S. (Encumbra), to be integrated under the name Mibanco – Banco de la Microempresa de Colombia S.A.” 20-F for 2024 | merger | October 30, 2020 | — |
Banco W (51% stake, by Fundación Grupo Social)Word for word“(6) In October 2024, the Fundación Grupo Social, owner of Banco Caja Social, announced that it had acquired 51% of the shares of Banco W, which specializes in microfinance.” 20-F for 2024 | agreed acquisition | October 2024 | — |
Correval S.A. Comisionista de Bolsa (51.0% stake)Word for word“During the same year, the firm acquired a 51.0% stake in Correval S.A. Comisionista de Bolsa in Colombia and 60.6% of IM Trust & Co.” 20-F for 2024 | acquisition | — | — |
Correval S.A. Comisionista de Bolsa and IM Trust S.A. Corredores de Bolsa (remaining stakes)Word for word“On September 30, 2016, Credicorp Capital Peru concluded the acquisition of the remaining stake in Correval S.A. Comisionista de Bolsa in Colombia and IM Trust S.A. Corredores de Bolsa in Chile.” 20-F for 2024 | acquisition | September 30, 2016 | — |
Mibanco shares from minority shareholders (3.23% and 0.06%)Word for word“On April 18, 2018, Credicorp Ltd., through its subsidiaries Grupo Crédito S.A. and BCP Stand-alone, acquired 3.23% and 0.06%, respectively, of the share capital of Mibanco from minority shareholders for approximately S/129.0 million and S/2.4 million, respectively.” 20-F for 2024 | acquisition | April 18, 2018 | approximately S/129.0 million and S/2.4 million |
Mibanco shares from minority shareholders (1.22% and 0.05%)Word for word“Additionally, on May 22 and 23, 2018, BCP Stand-alone acquired 1.22% and 0.05%, respectively, of the share capital of Mibanco from minority shareholders for approximately S/47.3 million and S/1.9 million, respectively.” 20-F for 2024 | acquisition | May 22 and 23, 2018 | approximately S/47.3 million and S/1.9 million |
BCP Stand-alone shares (2.77%) sold to Grupo Crédito S.A.Word for word“On May 7, 2018, Credicorp Ltd. sold to its subsidiary Grupo Crédito S.A. 220,113,636 shares of BCP Stand-alone owned by Credicorp Ltd., which represented 2.77% of BCP Stand-alone’s share capital.” 20-F for 2024 | divestiture | May 7, 2018 | — |
Pacifico Seguros corporate health insurance business and medical servicesWord for word“In 2018, UnitedHealth Group, one of the world's largest healthcare companies, acquired Banmedica, becoming Pacífico’s new partner in Peru.” 20-F for 2024 | divestiture | In 2018 | — |
Helm Bank USAWord for word“In December 2025, BCP entered into an agreement to acquire 100% of the issued and outstanding shares of Helm Bank USA (“Helm Bank”) for USD 180 million, subject to customary price adjustment at closing.” 20-F for 2025 | agreed acquisition | In December 2025 | USD 180 million |
Banmédica's 50% stake in Pacífico EPSWord for word“In 2025, Credicorp acquired Banmédica’s 50% stake in Pacífico EPS and terminated the agreement in Medical Assistance business between Banmédica and Pacífico Seguros.” 20-F for 2025 | acquisition | In 2025 | — |
BancompartirWord for word“On December 2, 2019, Credicorp Ltd. announced that after obtaining the necessary regulatory approvals, it completed the acquisition of 77.46% of the capital stock of Bancompartir for approximately US$76.0 million, as part of Credicorp Ltd.’s strategy of expanding its microfinance business in Latin America.” 20-F for 2025 | acquisition | On December 2, 2019 | approximately US$76.0 million |
Read from Credicorp’s annual reports (20-F for 2025, 20-F for 2024, 20-F for 2023) and the financial data it files with the SEC, as of 2026-04-27. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.