Credicorp: Why Peru's Leading Bank Is A Strong Buy
The next five years will be a lot better than the prior five for the Peruvian economy and its tremendously profitable bank.
Summary
Credicorp has created tremendous shareholder value over the years; book value is up tenfold since the turn of the century.
The compounding has paused for the past five years during a period of dreadful operating conditions in Peru.
Peru will enjoy much more hospitable economic and political winds over the next five years.
Credicorp is a tremendous o…
Keep reading with a 7-day free trial
Subscribe to Ian’s Insider Corner to keep reading this post and get 7 days of free access to the full post archives.