agreed that the companies of its financial arm present a request for a banking license to the Financial Market Commission of Chile to open a bank in that country, as reported in a Fact of Importance to the stock market authority released this Friday in Lima.

Both Credicorp’s fintech, Tenpo, which already operates in Chile, and Credicorp Capital Holding Chile will join the application before the Financial Market Commission in that country in order to obtain a provisional authorization certificate that enables them to “carry out the procedures necessary to obtain the authorization of the future bank and the administrative acts to prepare its constitution and operation”he indicated in his communication.

The Peruvian consortium’s expectations are aimed at increasing its participation in the Chilean banking market and leaving corporate finance.

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Along with these announcements, Credicorp to the Superintendence of the Securities Market (SMV) on the appointment of the new Risk Manager, César Ríos Briceños, replacing Reynaldo Llosa Benavides who will end his relationship with the company on June 30.

Ríos Briceños was Finance Manager in the company and will leave that position to Alejandro Pérez-Reyes, who was in charge of Operations and with his departure it will be deactivated.

The group also announced the creation of the Head of Strategy, headed by Michelle Labarthe Wiese and who will report directly to the general management, while the head of Technology, André Rezende, will also report to the general management of Credicorp.

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