Holding company. A holding company is a business whose main purpose is to own other companies, rather than to sell products or services directly to customers itself. It sits at the top of a group structure and holds the shares of the operating companies beneath it.
How it works in practice
The holding company provides ownership and overall direction. The operating companies underneath it do the day-to-day work — in our case, that includes the Credicorp business-lending brand. CM Beyer is the holding group that Credicorp belongs to.
Why the term matters to you
- Your loan agreement is with the operating lending entity, not with the holding company as a whole.
- A holding structure is normal and common; it gives a group shared standards and stability.
- It does not change the rate shown in your offer or your agreed term — those come from your signed agreement.
Related terms
You may also see "parent company" (another word for a holding company in relation to the businesses it owns), "subsidiary" (a company owned by the holding company), and "group" (the holding company and all its subsidiaries together).
If you want to confirm which specific entity within the group is your lender, your offer document names it, or our support team can tell you.
See also: Arrears (glossary), Glossary: Breathing Space and Who is CM Beyer and what does the group do?.