Credicorp Ltd. Announces that One of Its Subsidiaries Offers to Purchase 100% of Credicorp Capital Client's Investments in the 'Credicorp Capital Factoring Dólares ' and 'Credicorp Capital Factoring Soles' Funds
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Credicorp Ltd. announced that its subsidiary, Credicorp Capital, is offering to purchase 100% of its clients' investments in two funds affected by regulatory issues and alleged misconduct at Sartor, a third-party fund manager in Chile.
December 30, 2024 | 10:15 pm
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POSITIVE IMPACT
Credicorp Ltd. is taking proactive steps to mitigate risks by offering to purchase 100% of its clients' investments in funds affected by regulatory issues at Sartor. This move could stabilize investor confidence.
Credicorp's decision to purchase the investments aims to protect its clients and maintain trust, which could positively impact its stock price by demonstrating strong risk management and client commitment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 90