Bancom, known as the Banco de Comercio until 2023, is a

Peru , image_flag = Flag of Peru.svg , image_coat = Escudo nacional del Perú.svg , other_symbol = Great Seal of the State , other_symbol_type = Seal (emblem), National seal , national_motto = "Fi ...

vian bank based in

Lima Lima ( ; ), originally founded as Ciudad de Los Reyes (City of The Kings) is the capital and the largest city of Peru. It is located in the valleys of the Chillón River, Chillón, Rímac River, Rímac and Lurín Rivers, in the desert zone of t ...

History

The bank's predecessor, the ''Banco Peruano de la Construcción'' (BANPECO), was established in 1967 and reorganised as the ''Banco de Comercio'' by 2004, as part of the restructuring process of the bank of the same name that had been accused of complying with corruption during the 1990s. This process was authorised by the in August 2004. In November 2004, the bank increased its share capital to S/. 51,894,500, by converting debentures consisting of 500 subordinated bonds into shares. which was later approved by the SBS in December 2004 and January 2005, then was raised to public deed in February 2005. Since that decade, the main shareholder of the bank is the ''Caja de Pensiones Militar Policial'' (CPMP), whose prominent clients are the

National Police of Peru The Peruvian National Police ( es, Policía Nacional del Perú, PNP) is the national police force of Peru. Its jurisdiction covers the nation's land, sea, and air territories. Formed from the merge of the Investigative Police, the Civil Guard, a ...

and the Peruvian Armed Forces.

References

{{reflist Banks of Peru 2004 establishments in Peru Banks established in 2004