Credicorp is a Bermuda-domiciled financial services holding company with operations primarily in Peru. Its principal subsidiary, Banco de Crédito del Perú (BCP), is the largest bank in Peru with roughly 29% market share in loans and 33% in deposits. BCP offers the full range of banking products: retail banking (mortgages, credit cards, consumer loans) for individuals and SMEs, and wholesale banking (loans, trade finance, cash management) for mid-sized and large corporates. BCP also operates Yape, Peru's dominant digital wallet with nearly 16 million monthly active users, which provides P2P transfers, bill payments, and increasingly, consumer and SME credit. Beyond BCP, Credicorp owns Mibanco (microfinance lending to micro and small entrepreneurs in Peru and Colombia), Grupo Pacífico (Peru's second-largest insurer and largest health insurer), Prima AFP (Peru's second-largest private pension fund manager), and Credicorp Capital (investment management and advisory across Latin America). Credicorp earns primarily through net interest income — the spread between loan yields and deposit costs — with BCP's large, low-cost deposit base serving as a key structural advantage. The company is shifting its loan mix toward higher-yielding retail, SME, and Yape-originated credit to improve margins, while growing fee income through Yape transaction fees, insurance premiums, and wealth management. Credicorp's growth strategy centers on scaling Yape's loan book and monetizing its digital ecosystem, with management targeting Yape as the second-largest earnings contributor within 3–5 years.