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Credicorp receives the bankoportor in Colombia and extends its microfinance business



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Microfinance

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June 28, 2019

Credicorp receives the bankoportor in Colombia and extends its microfinance business

The holding company of Peru's holding company, 74.49% of the financial institution reached the agreement to acquire capital.

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Kardikorp Ltd. Continuing to expand its microfinance business line in this field. Thus, the Peruvian holding company announced that it has reached the agreement to acquire Share of shares of shares of the bank 74.49% SA (Bancorppartner) includes a group of shareholders, which include Coalsbysidio, Kappam, Comfundy, Comfanalco Cartagena and Axine. According to Kardicorp, this is a major microfinance organization in Colombia.

After the transaction, BankConverter's majority creation form Credicorp and Major Investment Financial Equation Fund II K / S will be formed by the Danish Financial Equity Fund, whose share is of 22.45% of the capital.

BankCom is based on operating model Provide Financial Assistance and Savings Solutions With micro enterprise pricing, agriculture, remodeling, vehicle, free investment and housing credit.

Thus, Peruvian Holding stated that this operation "integrates its leading role and leadership into America's No. 1 and global number two" in the microfinance business. This one Deal In that field you will be allowed to make a portfolio of loan placements Approximately $ 3,300 million, And more than 2 million clients between Memento, Yes, Womos Juntoos (Bolivia), Encombra and BancoPorter (Colombia).

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Credicorp CEO, Walter Belie said, with this purchase, the business model of the McConnock will be expanded, which will capitalize on the banker's 30-year experience. "This operation will allow us to continue Leaders of the future of the industry Microphanies, "he added.

"We know there is still a lot to do, so being creducated under your microphanies business line A big boost for the BancoPorter And for our customers and communities we will bring knowledge to develop specialized products in digital banking, "said BencoPorter, President of Gregorio Magia.

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