Credicorp Ltd.: Credicorp Held Investor Day Marking 30 Years on NYSE and Presented Vision for a Future-Ready Financial Ecosystem

Core Insights - Credicorp aims to achieve a sustainable Return on Equity (ROE) of 19.5% and a Cost-to-Income (C/I) ratio near 42% within the next three to four years [1][15] - The company has delivered an average total shareholder return (TSR) of 14.1% annually since its NYSE listing, reflecting its resilience and long-term value creation [2][12] Strategic Pillars - The future strategy is guided by four pillars: Purpose (financial inclusion and education), Innovation (evolution of digital payments), Culture and Talent (investing in global talent and digital capabilities), and Governance (strong board structure and sustainability-linked incentives) [3][4] - Credicorp's transformation emphasizes a shift from product-centric to a data-driven, client-first organization, enhancing customer experiences and expanding financial inclusion [5][10] Ecosystem Growth - The company is focused on unlocking 10x growth opportunities by transforming structural complexity into scalable solutions that drive financial inclusion and open new revenue streams [6][7] - Yape, a key platform, aims to triple payment volumes and increase average lending ticket sizes significantly, while Mibanco is evolving into a full-service partner for microenterprises [8][9] Technology and Risk Management - Technology and risk capabilities are now core growth platforms, with investments in cloud migration and AI enabling scalable infrastructure and competitive advantages [10][11] - The Risk Transformation Program aims to convert risk into a competitive advantage by embedding AI and leveraging alternative data for improved credit targeting and dynamic pricing [11] Financial Performance and Future Outlook - Over the past 25 years, Credicorp has strengthened its operating leverage, with clients growing 18 times and risk-adjusted revenue increasing 14 times [13][14] - The company expects to maintain ROEs above the cost of equity across its core businesses, with a focus on scaling profitable inclusion and diversifying revenue streams [15][12]