Mibanco

Overview

Mibanco is Peruvian microfinance commercial bank + Credicorp BVL: BAP + NYSE: BAP parent Peruvian financial conglomerate via BCP Banco de Crédito del Perú + Peru's largest microfinance bank by assets + customers + Mibanco Colombia subsidiary [1, pe-cro].

History

1998 — Mibanco Banco de la Microempresa S.A. founded as Peruvian microfinance bank from ACP Acción Comunitaria del Perú NGO distinctive Peruvian microfinance heritage.

2014 — Credicorp BCP Banco de Crédito del Perú acquires Mibanco from Grupo ACP.

2014 — Mibanco mobile banking app launch.

Ownership & operator

Operating entity: Mibanco Banco de la Microempresa S.A. (Peruvian microfinance commercial bank; Credicorp parent via BCP).

Major shareholders: Credicorp Ltd. (BVL: BAP + NYSE: BAP; Peruvian financial conglomerate; Romero family controlling) via BCP Banco de Crédito del Perú ~94%+ controlling.

Regulators: SBS Peru + BCRP.

Technical integration

Mibanco Personas mobile app (iOS + Android) + mibanco.com.pe online + Mibanco branch network across Peru + Mibanco Colombia subsidiary + Mibanco Visa + Mastercard cards; PE IBAN + Pago Efectivo + CCE.

Implementations & partners

Credicorp parent: [[bcp-peru]] (BCP Banco de Crédito del Perú; BVL: CREDITC1; Credicorp BVL: BAP + NYSE: BAP parent; Peru's largest commercial bank by assets + Yape mobile wallet parent) + yape (Yape; BCP Banco de Crédito del Perú Peruvian mobile wallet; ~17M+ Peruvian users).

Major Peruvian banking + payments competitors: [[bbva-peru]] (BBVA Peru; BBVA Spain Peruvian subsidiary) + [[interbank-peru]] (Interbank Peru; BVL: INBKC; Intercorp parent; Rodríguez-Pastor family controlling) + [[scotiabank-peru]] (Scotiabank Peru; Scotiabank Canadian parent subsidiary) + [[banbif]] (BanBif Banco Interamericano de Finanzas Peruvian commercial bank) + [[banco-de-la-nacion-pe]] (Banco de la Nación Peru; Peruvian federal commercial bank) + plin (Plin Peruvian multi-bank P2P digital wallet by Interbank + Scotiabank Peru + BBVA Peru + BanBif).

Regulators: SBS Peru + BCRP.

Status

Active, Peruvian microfinance commercial bank + Credicorp BVL:BAP + NYSE:BAP parent Peruvian financial conglomerate via BCP Banco de Crédito del Perú + Peru's largest microfinance bank by assets + customers + Mibanco Colombia subsidiary [1, 2].

Sources

• 1 Mibanco — official
• 2 Mibanco — Wikipedia
• pe-cro In-corpus: reports/countries/PE-peru.md

Source

Biography extracted from mibanco.md. See matrix.md for standards-support matrix if present.