Strong Financial Performance: Credicorp achieved a 20.7% return on equity (ROE) for Q2 2025, bolstered by robust operating performance, solid credit dynamics, and a disciplined approach to risk management. Both Universal Banking and Insurance & Pensions segments performed notably well, contributing to the overall strong results.

Positive Macroeconomic Indicators: The macro environment in Peru is improving, with GDP expected to grow around 3.2% in 2025, powered by strong domestic demand growth of approximately 4.5%. Low inflation below 2% and recovering real wages enhance consumer confidence and spending, setting a favorable backdrop for financial services.

Enhanced Loan Growth Outlook: Credicorp expects loan growth to reach about 6.5% year-over-year by year-end, driven especially by retail banking. The shift towards higher-yielding segments is anticipated to support profitability despite an increase in the cost of risk, which is projected to rise but remain within acceptable limits.