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Stock impact report

Credicorp Ltd.: Tenpo Becomes Chile’s First Neobank After Receiving a Banking License

Credicorp Ltd. (BAP) 
Last credicorp ltd. earnings: 2/6 04:00 pm Check Earnings Report
US:NYSE Investor Relations: credicorp.gcs-web.com/investor-overview
Company Research Source: GlobeNewswire
Lima, Jan. 20, 2026 (GLOBE NEWSWIRE) -- Lima, Peru – January 20, 2026 – Credicorp Ltd. (NYSE: BAP), the leading financial services holding company in Peru with operations in Chile, Colombia, Bolivia, Panama, and the United States, today announced that Tenpo, its digital banking subsidiary in Chile, has received its operating authorization from the Comisión para el Mercado Financiero (CMF), Chile’s financial markets regulator. With this approval, Tenpo becomes the first licensed neobank in Chile under the country’s General Banking Law. The license authorizes Tenpo to operate as a regulated bank offering core banking products such as checking accounts, consumer loans, and term deposits. Tenpo is expected to begin operations in the first half of 2026, within the one-year timeframe established by the CMF. Chile’s regulatory framework grants only one type of banking license, which means Tenpo will operate under the same supervisory standards and requirements as any traditional bank in Show less Read more
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