Credicorp Ltd. announced that its digital banking subsidiary in Chile, Tenpo, has received final operating authorization from the Comisión para el Mercado Financiero $(CMF)$, Chile's financial markets regulator. This approval makes Tenpo the first digital-native neobank authorized to operate under Chile's General Banking Law. The license allows Tenpo to offer core banking products such as checking accounts, consumer loans, and term deposits, and requires it to meet the same supervisory standards as traditional banks in the country. Tenpo is expected to begin operations in the first half of 2026. No other beneficiary organizations were mentioned in the announcement.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Credicorp Ltd. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9629121-en) on January 20, 2026, and is solely responsible for the information contained therein.
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