Banco de Crédito del Perú, founded in 1889 by a consortium of Italian immigrants as the Banco Italiano, spent its first five decades operating under foreign ownership before being acquired by local capital in 1941 and renamed. By 2014 it had become the largest bank in Peru by assets — a position it had held, with few interruptions, for most of the twentieth century.
Banco de Crédito del Perú, founded in 1889 by a consortium of Italian immigrants as the Banco Italiano, spent its first five decades operating under foreign ownership before being acquired by local capital in 1941 and renamed. By 2014 it had become the largest bank in Peru by assets — a position it had held, with few interruptions, for most of the twentieth century.