Credicorp Ltd. (USA) (NYSE:BAP)
CAPS Rating:
The Company, through its banking and non-banking subsidiaries, provides a range of financial services and products throughout Peru and in selected international markets.
The Company, through its banking and non-banking subsidiaries, provides a range of financial services and products throughout Peru and in selected international markets.
Recs
This bank should benefit from the positive macroeconomic environment in Peru. Also, the Peru population is not very bancarized, offering great growth prospects.
Nice valuation after meltdown.