Credicorp Ltd

NYSE BAP

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Credicorp Ltd Quick Ratio for the quarter ending March 31, 2024

Credicorp Ltd Quick Ratio is NA for the quarter ending March 31, 2024. The quick ratio, also known as the acid-test ratio, measures a company's ability to meet its short-term obligations using its most liquid assets. It is calculated by dividing the current assets minus inventory by the current liabilities. This ratio provides insights into the company's liquidity position and its ability to pay off current liabilities without relying on inventory sales. A higher ratio suggests a stronger ability to meet short-term obligations with readily available assets.
  • Credicorp Ltd Quick Ratio for the quarter ending March 31, 2022 was 26.73.
  • Credicorp Ltd Quick Ratio for the quarter ending March 31, 2020 was 26.05, a 9.70% change year over year.
NYSE: BAP

Credicorp Ltd

CEO Mr. Luis Enrique Romero Belismelis
IPO Date Oct. 25, 1995
Location Peru
Headquarters Calle Centenario 156, Lima, Peru, 12
Employees 35,508
Sector Financial Services
Industry Banks - regional
Description

Credicorp Ltd. provides various financial, insurance, and health services and products primarily in Peru and internationally. It operates through Universal Banking, Insurance and Pensions, Microfinance, and Investment Banking and Equity Management segments. The Universal Banking segment grants various credits and financial instruments to individuals and legal entities; and various deposits and current accounts. The Insurance and Pensions segment issues insurance policies to cover losses in commercial property, transport, marine vessels, automobiles, life, health, and pensions; and management services for private pension funds. The Microfinance segment provides management of loans, deposits, and current accounts for small and microenterprises. The Investment Banking and Equity Management segment is involved in provision of brokerage and investment management services for corporations, institutional investors, governments, and foundations; structuring and placement of issues in the primary market; execution and negotiation of transactions in the secondary market; and structuring of securitization processes for corporate customers and manages mutual funds. The company was founded in 1889 and is headquartered in Lima, Peru.

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StockViz Staff

September 19, 2024

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