CREDICORP (BAP) Stocks
? Credicorp Ltd. is Peru’s largest financial services holding company. Its portfolio provides commercial banking, pension funds, insurance and other services to a variety of customers. Services are offered to every market of individuals and businesses.
The company has several subsidiaries which include Banco de Crédito BCP, Mibanco, Pacifico Seguros, Prima AFP, Atlantic Security Bank, Credicorp Capital and Banco de Crédito de Bolivia.
Credicorp Ltd. is headquartered in Hamilton, Bermuda. The company employs more than 33 600 people in its various facilities.
HISTORY OF CREDICORP
- In 1889 BCP operates under the name Banco Italiano.
- In 1995 BCP creates Credicorp Ltd. as a holding company for BCP, Atlantic Security Bank and Grupo Pacifico. It buys Banco Santander Central Hispano Peru.
- In 2005 Prima AFP is founded and a year later it purchases all of AFP Union Vida’s shares with a merger. BCP buys Financiera Edyficar in 2009. Credicorp buys Alico’s Pacifico Seguros shares.
- Credicorp Capital Peru is founded in 2012. The same year Credicorp Ltd. purchases 51 percent stake in Correval. In 2017 Pacifico Seguros and Pacifico Vida merges.
- In 2018 these companies are reorganized into the company’s four business sectors – Investment Banking and Wealth Management, Universal Banking, Microfinance as well as Insurance and pensions.
VISION & VALUES OF CREDICORP
- Credicorp Ltd.’s vision is to be the most respected and well-known financial group in the industry. The company’s mission is to offer its services in an effective way by providing value and financial inclusion to its customers. Shareholders are offered strong earnings.
- These are achieved through strengthening its leadership in the industry, acquiring new businesses through investments, creating a diverse portfolio and conducting business with expertise and respect. Credicorp promotes talent, invests in professionals and offers regular training to its employees.
- Credicorp’s values are sustainability, efficiency and profitability. These values go hand in hand with its goals. The company’s success lies with its customer focus, its long term strategy, profitability performance and work ethics. Its highly educated staff ensures positive client experiences.
MARKET PERFORMANCE OF CREDICORP
- Credicorp Ltd. trades on the New York Stock Exchange under the NYSE stock symbol “BAP”.
- Data analysis for the company’s second quarter results for 2019 reports a net interest income of S/ 2,062,818 thousand. Net profit is S/ 998,404 thousand and total expenses are S/ 1,527,928 thousand.
- The company pays quarterly dividends on its common stock. Potential Investors can purchase shares at an affordable price.
LATEST NEWS CREDICORP
Buy CREDICORP stocks / shares – A Step by Step Guide how to Buy / Purchase CREDICORP Stocks or Shares online.
Before buying any stock or share one has to consider a few factors.
STEP 1: PROPER RESEARCH IS ESSENTIAL
Upon deciding you want to buy CREDICORP Stocks / Shares, it is critical for the serious investor to do proper research into the said company. Its values should align with those of the investor’s current portfolio. An investor needs to familiarise himself with the basics and history of the company, as well as its leadership and performance in the market. Its company reports should also be scrutinized.
Consultation with a brokerage firm can also assist in determining whether investing in a specific company will complement the investor’s current portfolio. The investment “risk ladder”, which identifies asset classes based on their relative riskiness, is another useful tool when determining which company’s stock / share is the best to buy.
STEP 2: CALCULATE THE AMOUNT OF INVESTMENT IN CREDICORP STOCKS / SHARES
It is important for an investor to monitor his total investment in stock in order to keep his portfolio aligned to his investment strategy. The overall value of his holdings will change with the fluctuation in stock prices, which can throw his portfolio off balance. To determine the amount to invest, multiply the number of shares of each stock by its current market price to determine the total investment in that specific stock. For example, if you own 100 shares of a US Dollar 5 stock, multiply 100 by US Dollar 5 to get US Dollar 500.
STEP 3: DECIDE ON THE STOCK / SHARE ORDER TYPE
Investors can choose from a market order, a limit order, a stop order (also referred to as a stop-loss order) or a buy/sell stop order. It is important to familiarise yourself with each type’s pros and cons before deciding which one will suit your current stock profile best. An investor should be guided in this choice by his investment objective.
STEP 4: OPEN A BROKERAGE ACCOUNT
A brokerage account – also known as taxable investment account – is similar to a retirement account, but more flexible. Where a retirement account has limitations on the amount of money that can be contributed annually, and restrictions on when funds can be withdrawn, a brokerage account is more flexible. The latter has no income or contribution limit and the investor can withdraw his money at any given time. This flexibility, together with its potential investment gains, makes a brokerage account more attractive to serious investors. Brokerage accounts are ideal for goals or savings that are further than five years away, but closer than retirement. It can also supplement an investor’s emergency savings.
STEP 5: COMMIT AND PURCHASE CREDICORP STOCKS / SHARES
Lastly, commit to the stock. Pro Tip: Monitor the value of your stock to ensure you have a growing stock value and dividend pay-out. Regularly check the share price online to ensure your investment delivers a positive return on investment. You are now a proud owner of CREDICORP stocks / shares.
5 Questions to ask yourself before purchasing any stocks or shares.
- Is it the best time to buy this stock / share?
- Should I buy CREDICORP stocks / shares in the current economic climate?
- Can I afford to buy this stock / share?
- What is the forecast of the stock / share growth?
- What is the current price per earning ration on the stock / share?