During the General Assembly held this morning, the bank reported a pre-tax profit of 22,115.7 million dollars, confirming the figure as part of the official financial disclosures. Tax obligations amounted to 6,349.8 million dollars, resulting in an after-tax profit of 15,765.9 million. These numbers reflect a solid performance across the core banking operations, underscoring the institution’s ability to translate revenue into realized earnings after tax obligations are settled.
From this earnings base, strategic allocations were approved to strengthen the bank’s long-term resilience. Specifically, 1,576.6 million dollars will be directed to legal reserves, reinforcing the bank’s capital adequacy and stability for regulatory compliance and future growth initiatives. In addition, 14,189.3 million dollars will be allocated to cover accumulated losses carried forward from prior years, addressing carryover obligations and helping to ensure clearer, cleaner capital presentation in upcoming financial cycles.
The meeting also approved changes in governance. The resignations of José Javier Ortíz, Walter Bayly, and David Paradiso were accepted, and a new Board of Directors was constituted. The main board members include Humberto Javier Ichazo, Carlos Guillermo Sotelo Rebagliati, Jorge Gustavo Morón Pastor, Eduardo Werner Harster Mendoza, Marcelo Alberto Trigo Villegas, and Víctor Mauricio Pinto Morante. Independent directors appointed to the board are Stella Villegas de Osorio, Ana Marta Carrillo, Claudio Higuera, Ana María Zegarra, Fernando Dasso, and Miguel Bazán. The composition emphasizes a blend of executive leadership and independent oversight, aligning governance with best practices and the institution’s strategic priorities.
In addition to governance changes, the management report of the financial institution was presented and approved. Key details reaffirmed include that all of the bank’s capital represented by shares is fully subscribed, with each share carrying a nominal value of 1,000 dollars. The total share count stands at 213.3 million, with Credicorp holding 85.58 percent of the capital and Maj Invest Financial Participation Fund owning 14.36 percent. This ownership structure highlights the concentration of control and the distribution of voting power within the shareholder base, while maintaining a clear channel for external participation through the independent stake.
Overall, the session reinforced the institution’s commitment to prudent capital management, strong governance, and transparent reporting. The outcomes provide a framework for ongoing financial discipline and strategic investment while supporting regulatory compliance and investor clarity. The decisions taken at this assembly will influence the bank’s capital planning, risk management, and policy direction in the months ahead. (attribution: Lare Publica)