BNamericas takes a look at the Peruvian private pension fund manager, which is due to start accepting all new system entrants from June 2019.
A new central bank governor has already been appointed by president-elect Jair Bolsonaro.
The bank regulator cleared the way for the merger and absorption of the two Credicorp-owned units.
"Fitch expects the tightening external financing conditions, a mild economic recovery, and fiscal, political and governability risks to challenge the region's economic and ratings outlook in 2019," says Shelly Shetty, Senior Director and Head of Latin America sovereigns.
The Overseas Private Investment Corporation approved more than US$1.3bn in financing and political risk insurance across six projects that will advance development in Africa, the Indo-Pacific and Latin America.
Benign inflation is seen by analysts as the main driver behind a dovish stance at the country's monetary authority.