 |
| Credicorp’s chief operating officer Walter Bayly |
Banco de Crédito del Perú (BCP) has successfully navigated the slowdown in its domestic economy this year and is now well placed to become the most profitable bank in the region in 2018.
In the first half of this year, Peru suffered a sharp slowdown after a severe El Niño weather system disrupted production and a corruption scandal caused the delay of infrastructure projects.
The country’s banks saw a slowing in credit demand in the first half of the year, but are already showing a rebound – aided by an increase in public investment, which the central bank said grew by 24.2%
Thanks for your interest in Euromoney!
To unlock this article:
