Peru-based Banco de Credito del Peru has maintained a solid business stability and adequate capital and earnings to leverage future solid growth opportunities. We are affirming our 'BBB' long-term and 'A-2' short-term issuer credit ratings on the bank. The positive outlook on the bank reflects the outlook on the Republic of Peru. If we were to upgrade the sovereign, we could raise the ratings on BCP if its stand-alone credit profile remains unchanged. MEXICO CITY (Standard&Poor's) Sept. 11, 2012--Standard&Poor's Rating Services affirmed its 'BBB' long-term and 'A-2' short-term issuer credit ratings on Banco de Credito del Peru (BCP). At the same time, we affirmed our 'BB+' junior subordinated debt rating. The outlook remains positive. The issuer
