Banco de Crédito del Perú announced the acquisition of Helm Bank USA to strengthen its cross-border banking capabilities and cater to Latin American clients in the United States.

Target Information

Banco de Crédito del Perú (BCP) has announced the strategic acquisition of 100% of Helm Bank USA for a total of USD 180 million, a figure that is subject to customary price adjustments at closing. Helm Bank, headquartered in Florida, is a licensed community bank that, as of September 30, 2025, reported total assets of approximately USD 1.14 billion and a net equity of USD 106.8 million. This acquisition enhances Credicorp's ability to service international clients, particularly targeting the growing demand from Latin American customers residing in the U.S.

Helm Bank has built a reputation as a community-focused institution that strives to meet the banking needs of its diverse clientele. The acquisition will enable BCP to maintain Helm Bank’s community-centered legacy while expanding its operational capabilities within a broader financial ecosystem.

Industry Overview in the United States

The banking industry in the United States is characterized by a diverse range of institutions, including large banks, credit unions, and community banks which cater to local needs. Community banks, like Helm Bank, play a critical role in fostering community development by providing accessi