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Intercorp is a Peruvian business conglomerate with major operations in financial services, retail, healthcare, education, restaurants, entertainment, and hospitality.

Last updated August 24, 2026

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Overview

Intercorp is a Peruvian business conglomerate whose operations span financial services, retail, healthcare, education, restaurants, entertainment, and hospitality. The group is associated with a large portfolio of consumer-facing and institutional businesses in Peru, including Interbank, Supermercados Peruanos, Real Plaza, Inkafarma, Cineplanet, Casa Andina, and several education networks. Its activities are principally organized through two broad holding structures: Intercorp Financial Services and Intercorp Retail. The group traces its origins to 1994, when businessman Carlos Rodríguez-Pastor Mendoza acquired Banco Internacional del Perú, a bank that had previously been owned by the Peruvian state and was commonly known as Interbanc before its 1997 renaming to Interbank. Following Rodríguez-Pastor Mendoza's death in 1995, his son, Carlos Rodríguez-Pastor, acquired the bank and developed the wider conglomerate around it. One of the first businesses created under the expanding group was Urbi Propiedades, a real-estate company later renamed Interproperties. Intercorp's development model has emphasized diversification around everyday consumer needs. Its financial businesses include banking, insurance, securities brokerage, asset management, payments, and related investment services. Its retail portfolio includes supermarkets, discount stores, home improvement, department stores, shopping centers, digital commerce, and pharmacy chains. Through these businesses, the group reaches consumers through both physical networks and digital channels. The retail and healthcare assets also give Intercorp a significant presence in recurring-purchase categories such as groceries, medicines, household goods, and personal services. The group has also built a substantial education and services footprint. Its education holdings include the Technological University of Peru, Innova Schools, IDAT, Zegel Ipae, Escuela Corriente Alterna, Centro de la Imagen, and Colectivo23. Restaurant holdings have included Bembos, Papa John's, Chinawok, Wang & Hnos, Dunkin' Donuts, Don Belisario, and Popeyes. Entertainment-related businesses include Cineplanet and lottery or betting operations such as La Tinka, Olimpo Bet, and Betsoffice. Casa Andina and other property-related companies extend the group into hospitality and real estate. Intercorp is chaired by Carlos Rodríguez-Pastor. Its headquarters are located in the same building complex as Interbank in Lima's Santa Catalina district. The group has continued to pursue expansion and portfolio development rather than operating as a single-category brand. In 2022, it expressed interest in acquiring Banco del Pacífico in Ecuador. In 2025, it acquired the former Química Suiza building next to its headquarters, in a property transaction connected with plans for future redevelopment. The same year, the Real Plaza Trujillo roof collapse created a major regulatory and reputational issue for the group because the shopping center was owned by Intercorp; investigations resulted in a multimillion-sol fine for non-compliance with security standards. The incident is an important part of the group's recent public record and illustrates the operational and governance responsibilities associated with its large physical retail footprint.

History

Intercorp's history begins with the privatization-era acquisition of Banco Internacional del Perú in 1994. The bank had been owned by the Peruvian state and was known as Interbanc before adopting the Interbank name in 1997. Businessman Carlos Rodríguez-Pastor Mendoza purchased the institution and established the foundation for what would become a much broader business group. Rodríguez-Pastor Mendoza died in 1995. His son, Carlos Rodríguez-Pastor, subsequently acquired the bank and continued its expansion. Rather than limiting the organization to banking, the younger Rodríguez-Pastor developed a diversified structure that entered sectors connected with household consumption, services, property, and human capital. The first entity created by the group was the real-estate company Urbi Propiedades, later renamed Interproperties. Over time, Intercorp expanded its financial-services platform beyond commercial banking. The group's associated companies came to include insurance, securities brokerage, investment funds, offshore banking, payment services, and consumer finance. Interbank became the best-known banking brand in the portfolio, while other financial entities supported investment management, insurance, payment acceptance, and related activities. Retail became another central pillar. Through Supermercados Peruanos, the group developed or owned grocery formats including plazaVea, Vivanda, Mass, and Makro Perú. It also built a broader retail ecosystem through Promart Homecenter, Oechsle, Real Plaza, Agora, Shopstar, and JOKR. Pharmacy and healthcare operations included Inkafarma, Mifarma, Clínica Aviva, Química Suiza, Quicorp, Farmacias Peruanas, and Droguería Inretail Pharma. These businesses gave the group exposure to food, household goods, home improvement, department-store merchandise, medicines, and healthcare services. Intercorp also expanded into education. Its portfolio has included the Technological University of Peru, Innova Schools, IDAT, Zegel Ipae, Escuela Corriente Alterna, Centro de la Imagen, and Colectivo23. These institutions place the group in vocational, professional, school, creative, and technical education. In restaurants, the group has operated or owned brands such as Bembos, Papa John's, Chinawok, Wang & Hnos, Dunkin' Donuts, Don Belisario, and Popeyes. Its entertainment activities have included Cineplanet, La Tinka, Olimpo Bet, and Betsoffice, while Casa Andina and property companies have extended the portfolio into hotels and real estate. The group is principally described through the holding companies Intercorp Financial Services and Intercorp Retail. Its headquarters are in Lima's Santa Catalina district, in the same building as its subsidiary Interbank. The location and corporate structure reflect the continuing importance of banking to the group's identity, even as its economic activities have become highly diversified. Intercorp has periodically considered expansion beyond Peru. In 2022, it expressed interest in acquiring Banco del Pacífico in Ecuador, although the available reference does not confirm that the proposed acquisition was completed. In 2025, it acquired the former Química Suiza building adjacent to its headquarters. The property, dating from the 1960s, had been associated with a proposed replacement project known as Torre Abril, described as a large residential development. The same year brought a serious operational and regulatory crisis. The roof of Real Plaza Trujillo collapsed, killing eight people and injuring at least 84. Because Intercorp owned the shopping center, the event directly affected the group's public standing. Investigations found non-compliance with security standards and resulted in a fine of millions of soles. The incident remains a significant part of Intercorp's recent history because it raised questions about safety oversight, property management, and accountability across a large network of public-facing facilities.

  • 2025

    Acquisition of the former Química Suiza building

    [1]

    Intercorp acquired the former Química Suiza building next to its Lima headquarters in a transaction linked with possible redevelopment.

  • 2025

    Real Plaza Trujillo roof collapse

    [1]

    A roof collapse at the Intercorp-owned shopping center killed eight people and injured at least 84, followed by regulatory investigations and a fine.

  • 2022

    Reported interest in Banco del Pacífico

    [1]

    Intercorp expressed interest in acquiring Ecuadorian bank Banco del Pacífico; the available source does not confirm completion.

  • 1997

    Interbanc adopts the Interbank name

    [1]

    The acquired banking institution, previously known as Interbanc, was renamed Interbank.

  • 1995

    Carlos Rodríguez-Pastor takes over the banking business

    [1]

    After the death of Carlos Rodríguez-Pastor Mendoza, his son acquired the bank and continued developing the wider conglomerate.

  • 1994

    Acquisition of Banco Internacional del Perú

    [1]

    Carlos Rodríguez-Pastor Mendoza acquired the formerly state-owned Banco Internacional del Perú, establishing the banking foundation of the future Intercorp group.

Products and positioning

A diversified Peruvian consumer and financial-services conglomerate built around everyday retail, banking, healthcare, education, entertainment, hospitality, and property operations.

  • Financial services holding

    Intercorp Financial Services

    The financial-services arm associated with Intercorp brings together banking, insurance, investment management, brokerage, payments, and related financial businesses. Its best-known operating brand is Interbank. Other listed businesses include Express Net, Inteligo SAB, Interfondos SAF, Inteligo Bank LTD, Interseguro, Intertitulos, Financiera Oh!, Tebca, and Izipay.

  • Retail holding

    Intercorp Retail

    Intercorp Retail groups a broad collection of consumer businesses, including supermarkets, discount stores, home improvement, department stores, shopping centers, digital commerce, and pharmacies. Its portfolio includes Supermercados Peruanos, plazaVea, Vivanda, Mass, Makro Perú, Promart Homecenter, Oechsle, Real Plaza, Agora, Shopstar, JOKR, Inkafarma, and Mifarma.

  • Banking · 1997

    Interbank

    Interbank is the group's principal banking brand and descends from Banco Internacional del Perú, acquired in 1994. The bank provides the core identity around which Intercorp's wider financial-services platform was developed.

  • Grocery retail

    Supermercados Peruanos

    Supermercados Peruanos operates several retail formats serving different segments of the Peruvian grocery market. The associated brands listed for the group include plazaVea, Vivanda, Mass, and Makro Perú, covering supermarket, premium grocery, discount, and wholesale-oriented propositions.

  • Shopping centers

    Real Plaza

    Real Plaza is Intercorp's shopping-center business. Its properties combine retail, food, entertainment, and service tenants and form a major part of the group's physical consumer infrastructure. The Real Plaza Trujillo site was the location of a fatal roof collapse in 2025.

  • Pharmacy retail

    Inkafarma and Mifarma

    Inkafarma and Mifarma are pharmacy brands within Intercorp's healthcare and retail portfolio. They give the group a nationwide consumer-facing presence in medicines, personal care, and related pharmacy categories, supported by associated pharmaceutical distribution businesses.

  • Education

    Education portfolio

    Intercorp's education activities span universities, schools, technical training, vocational education, and creative disciplines. The listed institutions include the Technological University of Peru, Innova Schools, IDAT, Zegel Ipae, Escuela Corriente Alterna, Centro de la Imagen, and Colectivo23.

  • Restaurants

    Consumer restaurant portfolio

    The restaurant portfolio has included local and international quick-service and casual-dining brands, including Bembos, Papa John's, Chinawok, Wang & Hnos, Dunkin' Donuts, Don Belisario, and Popeyes. These businesses broaden Intercorp's exposure to frequent consumer transactions and food-service retail.

  • Cinema and entertainment

    Cineplanet

    Cineplanet is the group's cinema and entertainment business. It complements Intercorp's shopping-center and restaurant operations by providing leisure and destination-based offerings within the wider consumer ecosystem.

  • Hotels

    Casa Andina

    Casa Andina represents Intercorp's hospitality activities. It is part of a broader group portfolio that also includes Urbi Propiedades and Domus, linking hotel operations with property and real-estate interests.

Controversies

  • 2025

    Real Plaza Trujillo roof collapse and safety violations

    The roof of the Real Plaza Trujillo shopping center collapsed, killing eight people and injuring at least 84. Investigations resulted in a fine of millions of soles against Intercorp, the shopping center's owner, for failing to comply with security standards.

Read more

Brand decisions

  • 2025

    Acquire the former Química Suiza buildingM&A

    Background

    The building stood immediately behind Intercorp's Lima headquarters and had been associated with plans for a future residential redevelopment.

    Action taken

    Intercorp acquired the former Química Suiza building.

    Aftermath

    The property became part of the group's real-estate position near its headquarters; the available material does not confirm the final redevelopment outcome.

  • 2022

    Consider acquiring Banco del PacíficoM&A

    Background

    Banco del Pacífico is one of Ecuador's main banks, and the proposal would have represented a potential international expansion of Intercorp's financial-services operations.

    Action taken

    Intercorp expressed interest in acquiring the Ecuadorian bank.

    Aftermath

    The available reference material does not establish that the acquisition was completed.

  • 1994

    Acquire Banco Internacional del PerúM&A

    Background

    The bank was previously owned by the Peruvian state and provided the initial platform for the future conglomerate.

    Action taken

    Carlos Rodríguez-Pastor Mendoza purchased the bank and began the corporate lineage that later became Intercorp.

    Aftermath

    The banking business became the foundation for later expansion into retail, healthcare, education, entertainment, hospitality, and real estate.

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