Intercorp Financial Services Inc. (IFS), a leading financial services provider in Peru, has recently filed its Annual Report on Form 20-F for the fiscal year ended December 31, 2023. This report, which complies with reporting obligations to the U.S. Securities and Exchange Commission (SEC) and the New York Stock Exchange (NYSE), includes the audited consolidated financial statements of the company.
Designed in accordance with International Financial Reporting Standards (IFRS) and approved by the International Accounting Standards Board, the 2023 Annual Report reinforces IFS’ commitment to transparency and provides investors with valuable insights into its financial performance and corporate governance practices.
To access the 2023 Annual Report, interested individuals can visit the SEC’s website at www.sec.gov or navigate to the “Investor Relations” section of IFS’ official website at www.ifs.com.pe. The report is available in digital format, but shareholders can also request a physical copy free of charge by contacting IFS’ Investor Relations Office.
Cecilia Ramirez, IFS’ Investor Relations Officer, is available to address any inquiries related to the company’s financial performance or investor relations. She can be reached at [email protected]
With its securities listed on the Lima Stock Exchange and the NYSE, IFS boasts a diverse portfolio of subsidiaries that offer a range of financial services in Peru. Banco Internacional del Perú, S.A.A.-Interbank (Interbank) serves as a full-service bank for retail and commercial customers, while Interseguro Compañía de Seguros, S.A. (Interseguro) excels in providing insurance products and services. Inteligo Group Corp. (Inteligo) focuses on wealth management services, and Procesos de Medios de Pago S.A. and its subsidiary Izipay S.A.C. (Izipay) facilitate payments, credit cards, electronic wallets, and related services.
In summary, the release of IFS’ Annual Report showcases the company’s dedication to financial transparency and its commitment to providing shareholders with comprehensive and accurate information about its operations. By adhering to international accounting standards and maintaining strong corporate governance practices, IFS solidifies its position as a trusted and reliable financial services provider in Peru and beyond.
Intercorp Financial Services Inc. (IFS) has demonstrated its commitment to transparency by releasing its Annual Report for the fiscal year ended December 31, 2023. The report, which is in compliance with reporting obligations to the U.S. Securities and Exchange Commission (SEC) and the New York Stock Exchange (NYSE), provides audited consolidated financial statements of the company. This reinforces IFS’ dedication to transparency and provides valuable insights for investors.
The 2023 Annual Report is designed in accordance with International Financial Reporting Standards (IFRS) and approved by the International Accounting Standards Board. This ensures that the financial information presented in the report is in line with globally recognized standards. By adhering to these standards, IFS showcases its commitment to providing accurate and reliable financial information to its stakeholders.
Interested individuals can access the 2023 Annual Report on the SEC’s website at www.sec.gov or by visiting the “Investor Relations” section of IFS’ official website at www.ifs.com.pe. The report is available in digital format, but shareholders can also request a physical copy free of charge by contacting IFS’ Investor Relations Office. This accessibility allows investors and other interested parties to review the report and gain a comprehensive understanding of IFS’ financial performance.
Cecilia Ramirez, IFS’ Investor Relations Officer, is available to address any inquiries related to the company’s financial performance or investor relations. Her contact information is [email protected], providing shareholders and potential investors with a direct point of contact for any questions or concerns.
IFS is listed on both the Lima Stock Exchange and the NYSE, enhancing its reach and visibility in the financial markets. The company boasts a diverse portfolio of subsidiaries, including Banco Internacional del Perú, S.A.A.-Interbank (Interbank), Interseguro Compañía de Seguros, S.A. (Interseguro), Inteligo Group Corp. (Inteligo), and Procesos de Medios de Pago S.A. and its subsidiary Izipay S.A.C. (Izipay). These subsidiaries offer a range of financial services in Peru, including banking, insurance, wealth management, and payment facilitation.
Advantages of IFS’ commitment to transparency include providing shareholders with comprehensive and accurate information about the company’s operations. This allows investors to make informed decisions and mitigates the risk of unexpected financial outcomes. Additionally, adhering to international accounting standards and maintaining strong corporate governance practices solidifies IFS’ position as a trusted and reliable financial services provider. This can enhance the company’s reputation and attract additional investors or business opportunities.
However, it is important to note some potential challenges or controversies associated with financial services providers like IFS. Market trends such as increasing competition, regulatory changes, and macroeconomic factors can impact the company’s financial performance. The financial services industry is subject to strict regulations and oversight, and any failure to comply with these regulations can lead to legal and reputational risks. Additionally, fluctuations in interest rates and economic conditions can affect the company’s profitability and growth potential.
In conclusion, the release of IFS’ Annual Report demonstrates the company’s commitment to transparency and provides stakeholders with valuable insights into its financial performance and corporate governance practices. By adhering to international accounting standards and maintaining strong corporate governance, IFS solidifies its position as a trusted financial services provider in Peru and beyond.
For more information about Intercorp Financial Services Inc., visit their official website at www.ifs.com.pe.
Sources:
1. SEC: www.sec.gov
2. Intercorp Financial Services Inc.: www.ifs.com.pe