Peru’s Credicorp Q2 net profit rises

LIMA, Aug 8 (Reuters) – Credicorp Ltd , Peru’s largest financial holding company, said on Wednesday it earned 977.8 million soles ($300 million) in second-quarter net profit, up 6.3 percent from a year earlier.

The gains reflected a gradual recovery in loan growth, and that it has continued to improve the risk quality of its loan portfolio, said Credicorp.

$1=3.270 soles
Reporting By Teresa Cespedes, writing by Dave Sherwood,
Editing by Sherry Jacob-Phillips

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