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TRANSACTIONS WITH RELATED PARTIES (Details) - PEN (S/)
S/ in Thousands
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Statement of financial position    
Direct loans S/ 1,909,516 S/ 1,657,206
Investments [1] 1,165,661 935,286
Deposits [2] (1,582,412) (751,990)
Derivatives at fair value 4,408 4,984
Statement of income    
Interest income related to loans 57,373 28,477
Interest expenses related to deposits (17,212) (10,377)
Other income 24,411 9,698
Off-balance sheet    
Indirect loans S/ 431,089 S/ 373,865
[1] The balance includes mainly S/167.1 million of shares and S/200.3 million of bonds issued by Alicorp S.A.A., S/153.0 million of bonds issued by Cementos Pacasmayo S.A., and S/280.8 million of shares of Inversiones Centenario. The increase in the balance corresponds mainly to the acquisition of corporate bonds issued by Alicorp S.A.
[2] It corresponds to deposits of legal and natural persons. The increase corresponds mainly to higher deposits from related companies Inversiones Piuranas, Inversiones Centenario and Cementos Pacasmayo among other variations.