Credicorp Ltd.: Credicorp Ltd. completes acquisition of remaining 50% stake in joint venture with Empresas Banmédica
Lima, March 13, 2025 (GLOBE NEWSWIRE) -- Lima, PERU, March 13th, 2025 – Credicorp Ltd. ("Credicorp") (NYSE:BAP, BVL: BAP)), the leading financial services holding company in Peru with a presence in Chile, Colombia, Bolivia, and Panama, announced today that it has successfully completed the acquisition of Empresas Banmédica's ("Banmedica") remaining 50% interest in the joint venture executed in December 2014 between Pacífico Compañía de Seguros y Reaseguros S.A. ("Pacifico Seguros") and Banmedica. The transaction has received all necessary regulatory approvals and met closing conditions. This follows the initial announcement of the agreement on October 31st, 2024. In December 2014, Pacific
