Credicorp (BAP) has released an update.
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Credicorp Ltd. reported a record net income of S/1,524 million for the third quarter of 2024, showcasing strong financial performance driven by a resilient net interest margin and effective cost control. Despite a slight decline in total loans, the company saw a growth in deposits and an improvement in its efficiency ratio. Additionally, the popular app Yape continued its upward trajectory, reaching 13 million monthly active users.
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