Credicorp Rises to 19-Month High as Lending Spurs Profit Growth
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Credicorp Ltd. climbed to a 19-month high after increased lending helped it post third-quarter profit that beat analysts’ estimates.
Shares of Peru’s largest financial services holding company increased 0.4 percent to $162.20 at 1:55 p.m. New York time, the highest level on a closing basis since April 2013. The benchmark Lima General Index gained 1.4 percent.