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Companies $IFS
$50.93 -$0.72 (1.39%) Close
Intercorp Financial Services Inc logo

Intercorp Financial Services Inc

ifs.com.pe

What Do They Do?

Provides banking, insurance, wealth management and payment services to retail customers, individuals and commercial clients in Peru.

Who Are Their Customers?

Retail customers, individuals, and commercial clients use the group’s banking, insurance, wealth management and payment services. Interbank serves customers through digital and physical channels; Interseguro sells through its own sales force, digital channels and Interbank, while wealth advisers serve high-net-worth individuals.

How Are They Changing?

Payments becomes a separate segment The older report describes Izipay as a payments segment following its acquisition. The latest report includes Izipay under holding and other subsidiaries rather than as an operating segment.

Insurance sales add digital options The older report says annuity and life insurance sales were only in person before the pandemic and that digitalization accelerated. The latest report describes in-person and digital assistance and fully digital operations.

Who Do They Compete With?

Competes with BCP, BBVA, and Scotiabank

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