Business Context and Reporting Period
This Form 6-K filing by Credicorp Ltd. covers the month of February 2026, with a specific reporting date of February 9, 2026. The document serves as a notification of a Material Event regarding a response to an inquiry from the Peruvian Superintendency of the Securities Market (SMV). The inquiry concerns a judicial proceeding initiated by Credicorp seeking the nullity of an administrative act by the SMV.
Key Financial Metrics
The filing does not contain current period revenue, profit, cash flow, or liquidity metrics. It references a historical financial item: a fine imposed by the SMV via Deputy Superintendency Resolution No. 012-2021-SMV/11. Credicorp states this fine was paid on December 9, 2021, and was recognized in Note 35(iii) of the Annual Consolidated Audited Financial Statements as of December 31, 2021. No new financial impact from the recent court resolution is quantified in this document.
Material Changes and Legal Proceedings
- Judicial Status: The Permanent Civil Chamber of the Supreme Court of Peru issued a resolution on November 26, 2025, upholding a first-instance judgment from August 15, 2023, which declared Credicorp's claim unfounded.
- Notification Date: Credicorp was notified of this resolution on January 29, 2026.
- Disclosure Rationale: Credicorp did not initially disclose the resolution as a material event because it is not a final and binding decision. The company retains the right to file a cassation appeal with the Constitutional and Social Chamber of the Supreme Court.
- Appeal Deadline: The statutory period to file a cassation appeal expires on February 12, 2026.
Outlook, Risks, and Management Commentary
Management is currently assessing whether to exercise its right to file a cassation appeal. The company maintains that the resolution does not constitute a mandatory material event under Peruvian law because the judicial remedies have not been exhausted and the decision is not immediately enforceable. The primary risk identified is the potential outcome of the ongoing litigation regarding the SMV's administrative act, though the financial liability for the original fine has already been settled.
Investor Verification Checklist
- Verify whether Credicorp files a cassation appeal before the February 12, 2026 deadline.
- Review Note 35(iii) of the 2021 Annual Report for details on the original fine and the administrative sanctioning proceeding.
- Monitor future filings for updates on the Constitutional and Social Chamber's review, should an appeal be filed.
- Confirm if the SMV issues further guidance or penalties regarding the disclosure timing of the November 2025 resolution.