Mibanco, a microfinance icon, is for sale and Edyficar, owned by BCP, the biggest bank in Peru, is assessing its acquisition. Until lately, this type of trade would have been fanciful given Mibanco's preeminent part in Peruvian microfinance that has made it the nation's fifth biggest bank.
The case examines why Mibanco is on the block, while also connecting the evolution of Edyficar's own purchase by BCP several years ago. Percy Urteaga, Edyficar’s CEO, and Gianfranco Ferrari, Chair of Board and one of the senior BCP executive, must evaluate if he must go forward, and if so, by what price.
PUBLICATION DATE: February 11, 2015 PRODUCT #: 315030-HCC-ENG
This is just an excerpt. This case is about FINANCE & ACCOUNTING