From The Rio Times · Juan Martinez · · 1m 50s
Credicorp Inclusion Index Ranks Peru 47.7
Peru's digital payment growth reaches 29% of users, up from 15% in 2021, per Credicorp's 2026 index.
In brief
Peru's digital payment growth reaches 29% of users, up from 15% in 2021, per Credicorp's 2026 index. Peru scored 47.7 on Credicorp's inclusion index in 2026, up from 37.9 in 2021, with 29% of users at the highest financial inclusion level. Originally reported by The Rio Times.
Credicorp Inclusion Index
Credicorp published its sixth edition of the financial inclusion index for Latin America in 2026.
Peru's Score
Peru scored 47.7 points in 2026, up from 37.9 in 2021, with a 9.8-point gain over five years.
Inclusion Levels
29% of Peruvians now reach the highest inclusion level, up from 15% in 2021.
Digital Wallet Usage
69% of Peruvians have a mobile wallet, with 51% making daily payments.
Cash Usage
40% of Peruvians use no financial products, down from 49% in 2025.
Regional Context
Peru ranks fifth among 14 Latin American countries in The Rio Times Power Index with 54.7 points.
Investor Relevance
US investors track Credicorp shares (BAP) to gauge digital payment adoption in Peru.
Credicorp's Role
Credicorp is the financial holding behind Banco de Crédito del Perú (BCP) and Yape payments.
Ferrari's Insights
Credicorp CEO Gianfranco Ferrari highlighted interoperability challenges and Yape's role in formal credit access.
Yape Adoption
Two million Peruvians have taken first formal loans through Yape, per Ferrari's statement.
Open Questions
The index does not show repayment rates for Yape loans or Peru's full regional ranking.
What It Means
The index is company research, not earnings data, with no profit figures included.
Regional Comparison
Colombia had the largest one-year gain in the index, 4.7 points, compared to Peru's 9.8-point five-year gain.
Next Steps
Credicorp's next quarterly results will show if digital payment growth translates to financial gains.
The essence
Peru scored 47.7 on Credicorp's inclusion index in 2026, up from 37.9 in 2021, with 29% of users at the highest financial inclusion level.
