Credicorp's Subsidiary Banco De Crédito Del Perú To Acquire 100% Of Helm Bank USA For $180M

Lima, PERU, December 29, 2025 – Credicorp Ltd. ("Credicorp") (NYSE:BAP, BVL: BAP))), the leading financial services holding company in Peru with a presence in Chile, Colombia, Bolivia, Panama and United States of America, today announced that its subsidiary Banco de Crédito del Perú ("BCP") has entered into an agreement to acquire 100% of the issued and outstanding shares of Helm Bank USA ("Helm Bank") for USD 180 million, subject to  customary price adjustment at closing.

Helm Bank, a Florida state-chartered community bank, had USD 1.1 billion in assets and USD 106.8 million in shareholders' equity as of September 30, 2025. We believe that the transaction strengthens Credicorp's strategy to enhance its cross-border capabilities by serving internationally active clients and bolsters its ability to meet the growing needs of Latin American clients, while preserving Helm Bank's legacy as a community-focused institution.

"This acquisition allows us to deepen our ability to serve Latin Americans whose financial lives span both their home countries and the United States," said Gianfranco Ferrari, CEO of Credicorp.  "We believe that Helm Bank's legacy as a community-focused institution combined with its expertise in serving international clients, aligns perfectly with our strategy.  We look forward to strengthening that role and enhancing its capabilities within our broader ecosystem."

 "Partnering with Credicorp is a natural evolution for Helm Bank," said Mark Crisp, President and CEO of Helm Bank. "Credicorp's financial strength, trusted reputation, and client‑centric philosophy provide a solid foundation for our next chapter.  Together, we are well-positioned to expand our impact and deliver greater value to the communities we serve, both in the United States and across Latin America."

The completion and closing of the transaction are subject to customary closing conditions, including regulatory approvals in the United States and Peru.