NYSE:BAPBanks
Does Credicorp’s Dividend Policy Revamp and Governance Shift Reshape Its Capital Allocation Narrative (BAP)?
In recent weeks, Credicorp Ltd.’s board has approved several balance sheet moves, including transferring S/5,637.7 million and S/1,778.8 million from retained earnings to reserves, authorizing an additional S/875.9 million dividend from reserves, and updating its dividend policy at the February 26, 2026 meeting.
Alongside these capital decisions, upcoming board retirements and proposed new director appointments at the March 31, 2026 online AGM signal a shift in Credicorp’s governance that...