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Proc-Type: 2001,MIC-CLEAR
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<SEC-DOCUMENT>0001001290-04-000006.txt : 20040331
<SEC-HEADER>0001001290-04-000006.hdr.sgml : 20040331
<ACCEPTANCE-DATETIME>20040331100612
ACCESSION NUMBER:		0001001290-04-000006
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20040331
FILED AS OF DATE:		20040331

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			CREDICORP LTD
		CENTRAL INDEX KEY:			0001001290
		STANDARD INDUSTRIAL CLASSIFICATION:	COMMERCIAL BANKS, NEC [6029]
		IRS NUMBER:				000000000
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		6-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-14014
		FILM NUMBER:		04703960

	BUSINESS ADDRESS:	
		STREET 1:		CALLE CENTENARIO N 158 LA MOLINA, 3RD FL
		STREET 2:		DIV FINANZAS, INVESTOR RELATIONS AREA
		CITY:			LIMA 12 PERU
		STATE:			R5
		ZIP:			00000
		BUSINESS PHONE:		5113135140

	MAIL ADDRESS:	
		STREET 1:		CALLE CENTENARIO N 158 LA MOLINA, 3RD FL
		STREET 2:		DIV FINANZAS, INVESTOR RELATIONS AREA
		CITY:			LIMA 12 PERU
		STATE:			R5
		ZIP:			999999999
</SEC-HEADER>
<DOCUMENT>
<TYPE>6-K
<SEQUENCE>1
<FILENAME>bap20040330_6k.htm
<DESCRIPTION>MATERIAL EVENT
<TEXT>
<html><head><title>Provided by MZ Data Products</title></head><body>


<HR SIZE="4" NOSHADE COLOR="#000000" ALIGN="left"><DIV><FONT SIZE="1">&nbsp;</FONT></DIV>
<DIV ALIGN="center"><FONT FACE="Times New Roman" SIZE="5" COLOR="#000000"><B>SECURITIES AND EXCHANGE COMMISSION </B></FONT></DIV> <DIV ALIGN="center"><FONT FACE="Times New Roman" SIZE="3" COLOR="#000000"><B>Washington, D.C. 20549 </B></FONT></DIV>
<DIV><FONT SIZE="1">&nbsp;</FONT></DIV> <HR NOSHADE WIDTH="21%" COLOR="#000000"><DIV><FONT SIZE="1">&nbsp;</FONT></DIV> <DIV ALIGN="center"><FONT FACE="Times New Roman" SIZE="5" COLOR="#000000"><B>FORM 6-K </B></FONT></DIV> <DIV><FONT
SIZE="1">&nbsp;</FONT></DIV>  <DIV ALIGN="center"><FONT FACE="Times New Roman" SIZE="3"
COLOR="#000000">Report of Foreign Private Issuer<BR>Pursuant to Rule 13a-16 or 15d-16 of the</FONT></DIV> <DIV ALIGN="center"><FONT FACE="Times New Roman" SIZE="3" COLOR="#000000">Securities Exchange Act of 1934</FONT></DIV> <DIV><FONT SIZE="1">&nbsp;</FONT></DIV>
<DIV ALIGN="center"><div><FONT FACE="Times New Roman" SIZE="3" COLOR="#000000"><B>


For the month of March, 2004


</B></FONT></DIV> <p></p><FONT FACE="Times New Roman" SIZE="3" COLOR="#000000"><B>





</B></FONT></DIV> <DIV><FONT SIZE="1">&nbsp;</FONT></DIV> <HR NOSHADE WIDTH="21%" COLOR="#000000"><DIV><FONT
SIZE="1">&nbsp;</FONT></DIV>
<center>




</center><P></P>
<DIV ALIGN="center"><FONT FACE="Times New Roman" SIZE="5" COLOR="#000000"><B>


CREDICORP LTD.


</B></FONT></DIV> <DIV ALIGN="center"><FONT FACE="Times New Roman" SIZE="2" COLOR="#000000">(Exact name of registrant
as specified in its charter) </FONT></DIV> <DIV><FONT SIZE="1">&nbsp;</FONT></DIV> <DIV ALIGN="center">
</DIV><P></P><DIV ALIGN="center"><FONT FACE="Times New Roman" SIZE="5" COLOR="#000000"><B>



</B></FONT></DIV> <DIV ALIGN="center"><FONT FACE="Times New Roman" SIZE="2" COLOR="#000000"> </FONT></DIV> <DIV><FONT SIZE="1">&nbsp;</FONT></DIV>
<P></P><DIV ALIGN="center"><FONT FACE="Times New Roman" SIZE="3" COLOR="#000000"><B>



Clarendon House<br>
Church Street<BR>
Hamilton HM 11 Bermuda


</B></FONT></DIV> <DIV ALIGN="center"><FONT FACE="Times New Roman" SIZE="2" COLOR="#000000">(Address of principal executive office)</FONT></DIV> <DIV><FONT SIZE="1">&nbsp;</FONT></DIV>
<P>&nbsp;<DIV ALIGN="center"><FONT FACE="Times New Roman" SIZE="3" COLOR="#000000">
Indicate by check mark whether the registrant files or will file annual reports under
cover Form 20-F or Form 40-F.&nbsp;</FONT><P></P>
         Form 20-F ___X___         Form 40-F _______
<P>&nbsp;<FONT FACE="Times New Roman, Times, Serif" SIZE=3>Indicate by check mark
whether the registrant by furnishing the information contained in this Form is
also thereby furnishing the information to the Commission pursuant to Rule
12g3-2(b) under the Securities Exchange Act of 1934. </FONT>&nbsp;</P>
         Yes _______               No ___X____
<p></p>
</DIV>

<HR SIZE="2" NOSHADE COLOR="#000000" ALIGN="left"><p Style='page-break-before:always'>



<!-- MARKER FORMAT-SHEET="Times Just" FSL="Workstation" -->
<P ALIGN="justify"><FONT SIZE="2" FACE="Times New Roman, Times, Serif">March 29th, 2003 </FONT></P>


<!-- MARKER FORMAT-SHEET="Times Just" FSL="Workstation" -->
<P ALIGN="justify"><FONT SIZE="2" FACE="Times New Roman, Times, Serif">Comisi&#243;n Nacional
Supervisora<BR> de Empresas y Valores<BR> CONASEV </FONT></P>


<!-- MARKER FORMAT-SHEET="Times Just" FSL="Workstation" -->
<P ALIGN="justify"><FONT SIZE="2" FACE="Times New Roman, Times, Serif">Reference:
Material Event </FONT></P>

<!-- MARKER FORMAT-SHEET="Times Just" FSL="Workstation" -->
<P ALIGN="justify"><FONT SIZE="2" FACE="Times New Roman, Times, Serif">Dear Sirs: </FONT></P>

<!-- MARKER FORMAT-SHEET="Times Just" FSL="Workstation" -->
<P ALIGN="justify"><FONT SIZE="2" FACE="Times New Roman, Times, Serif">Our company,
 Credicorp  Ltd.  (NYSE:  BAP) in accordance  with article 28 of the Peruvian  Capital
 Market Law and the CONASEV resolution  N&#176;  107-2002-EF/94.10.0  (The Rule),  hereby
notify you of the following &#147;Material Event&#148;: </FONT></P>

<!-- MARKER FORMAT-SHEET="Times Just" FSL="Workstation" -->
<P ALIGN="justify"><FONT SIZE="2" FACE="Times New Roman, Times, Serif">In the Annual
 Shareholder&#146;s  Meeting,  held on March 26,  2004 the  following  agreements  were
 approved  with  the  required quorum being represented: </FONT></P>

<!-- MARKER FORMAT-SHEET="Times Just" FSL="Workstation" -->
<P ALIGN="justify"><FONT SIZE="2" FACE="Times New Roman, Times, Serif">1.       The 2003
Annual Report
<BR>
2.       The consolidated  financial statements,  including the Balance  Sheet and the Profit  and Loss  Statement              for the
 year  ended  on  December  31,  2003,  in              addition to the Report of the
 external  auditors, Medina,  Zald&#237;var,  Paredes y  Asociados  a member
             firm of Ernst &amp; Young.
<BR>

3.       The  designation  of  Medina,   Zald&#237;var,
  Paredes  y              Asociados,  a member  firm of  Ernst &amp;  Young,  as
             external  auditors  for the year 2004  proposed by              Credicorp&#146;s
Audit Committee. </FONT></P>

<!-- MARKER FORMAT-SHEET="Times Just" FSL="Workstation" -->
<P ALIGN="justify"><FONT SIZE="2" FACE="Times New Roman, Times, Serif">A cash dividend
amounting to US$ 37,752,926.80  million,  equal to US$ 0.40 per share  over a total of
 94,382,317  shares,  to be paid on April  30,  2004 and  payable  to all  shareholder&#146;s
that purchase  their shares up to and  including  April 13, and are registered as
 shareholder&#146;s  on the Company&#146;s  registry by April 16, 2004  &#147;Record  Date&#148;.  This
 dividend was approved by the Board in a  meeting  held on  February  25,  2004,  and was
announced as a Material Event promptly thereafter. </FONT></P>

<!-- MARKER FORMAT-SHEET="Times Just" FSL="Workstation" -->
<P ALIGN="justify"><FONT SIZE="2" FACE="Times New Roman, Times, Serif">With the  minutes
of the  meeting of the Board held on February 25,  2004,  we also  included a copy of the
 Annual  Report and the  Report  of  the  external  auditors  for  the  year  2003,
according to CONASEV Resolution N&#176; 107-2002-EF/94.10.0 </FONT></P>


<!-- MARKER FORMAT-SHEET="Times Just" FSL="Workstation" -->
<P ALIGN="justify"><FONT SIZE="2" FACE="Times New Roman, Times, Serif">Sincerely, </FONT></P>



<!-- MARKER FORMAT-SHEET="Times Just" FSL="Workstation" -->
<P ALIGN="justify"><FONT SIZE="2" FACE="Times New Roman, Times, Serif">Fernando Palao<BR>
CREDICORP LTD. </FONT></P>

<p>&nbsp;</p><p Style='page-break-before:always'><p>&nbsp;</p><HR SIZE="2" NOSHADE COLOR="#000000">

<DIV><FONT SIZE="1">&nbsp;</FONT></DIV> <DIV ALIGN="center"><FONT FACE="Times New Roman" SIZE="3" COLOR="#000000"><B>SIGNATURE </B></FONT></DIV> <DIV><FONT SIZE="1">&nbsp;</FONT></DIV>
<DIV><FONT SIZE="1">&nbsp;</FONT></DIV> <DIV STYLE="text-indent:4%"><FONT FACE="Times New Roman" SIZE="3" COLOR="#000000">Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on
its behalf by the undersigned, thereunto duly authorized. </FONT></DIV>
<p></p><DIV STYLE="text-indent:4%"><FONT FACE="Times New Roman" SIZE="3" COLOR="#000000">


Date: March 31, 2004


</FONT></DIV>
<p></p> <DIV><FONT SIZE="1">&nbsp;</FONT></DIV> <DIV ALIGN="center">



<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="50%" BORDER="0">



<TR>
<TD VALIGN="top" COLSPAN="3" WIDTH="50%"> <DIV align=left><FONT FACE="Times New Roman" SIZE="3" COLOR="#000000">


CREDICORP LTD.


</FONT></DIV> </TD> </TR>
<TR>
<TD HEIGHT="16"> </TD> </TR>
<TR>
<TD VALIGN="top" WIDTH="5%"> <DIV align=left><FONT FACE="Times New Roman" SIZE="2" COLOR="#000000">By:</FONT></DIV> </TD>
<TD VALIGN="bottom" ALIGN="center" WIDTH="43%"> <DIV ALIGN="center"><FONT
FACE="Times New Roman" SIZE="2" COLOR="#000000">/<SMALL>S</SMALL>/&nbsp;


Guillermo Castillo


</FONT></DIV> <HR NOSHADE SIZE=1 COLOR="#000000" ALIGN="left"></TD> </TR>
<TR>
<TD> <FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center" WIDTH="43%"> <DIV ALIGN=left><FONT FACE="Times New Roman" SIZE="2" COLOR="#000000"><B>


Guillermo Castillo


</B></FONT></DIV>  <DIV ALIGN=left><FONT FACE="Times New Roman" SIZE="2" COLOR="#000000"><B>


Authorized Representative


</B></FONT></DIV>  </TD> </TR>
 </TABLE> </DIV> <DIV><FONT SIZE="1">&nbsp;</FONT></DIV>


<DIV><FONT SIZE="1">&nbsp;</FONT></DIV> <DIV ALIGN="center"><FONT FACE="Times New Roman" SIZE="3" COLOR="#000000"><B>FORWARD-LOOKING STATEMENTS </B></FONT></DIV>

<P align=justify><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
This press release may contain forward-looking statements.  These statements are
statements that are not historical facts, and are based on management's  current
view and  estimates  of  future  economic  circumstances,  industry  conditions,
company performance and financial results. The words "anticipates",  "believes",
"estimates",  "expects",  "plans" and similar expressions, as they relate to the
company,  are  intended  to  identify  forward-looking  statements.   Statements
regarding  the  declaration  or  payment of  dividends,  the  implementation  of
principal operating and financing  strategies and capital expenditure plans, the
direction of future  operations  and the factors or trends  affecting  financial
condition,  liquidity or results of operations  are examples of  forward-looking
statements.  Such  statements  reflect the current views of  management  and are
subject to a number of risks and  uncertainties.  There is no guarantee that the
expected events, trends or results will actually occur. The statements are based
on  many  assumptions  and  factors,   including  general  economic  and  market
conditions,  industry  conditions,  and operating  factors.  Any changes in such
assumptions  or factors  could cause actual  results to differ  materially  from
current expectations.
 </FONT></P>
<p>&nbsp;</p>
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</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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