XML 70 R50.htm IDEA: XBRL DOCUMENT v3.21.1
LOANS, NET (Tables)
 12 Months Ended
Dec. 31, 2020
LOANS, NET  
Schedule of detailed information about loans and advances

a)   This item consists of the following:

 

 

 

 

 

 

    

2020

    

2019

 

 

S/(000)

 

S/(000)

 

 

 

 

 

Direct loans -

 

  

 

  

Loans

 

115,213,536

 

91,481,200

Credit cards

 

5,629,189

 

8,479,355

Leasing receivables

 

5,775,917

 

5,978,421

Factoring receivables

 

2,153,689

 

2,015,513

Discounted notes

 

1,483,723

 

2,200,142

Advances and overdrafts in current account

 

52,807

 

162,149

Refinanced loans

 

1,669,395

 

1,186,167

Restructured loans

 

 —

 

125

Total direct loans

 

131,978,256

 

111,503,072

 

 

 

 

 

Internal overdue loans and under legal collection loans

 

4,685,569

 

3,304,886

 

 

136,663,825

 

114,807,958

Add (less) -

 

 

 

 

Accrued interest

 

1,197,489

 

870,410

Unearned interest

 

(201,429)

 

(68,689)

Total direct loans

 

137,659,885

 

115,609,679

Allowance for loan losses (c)

 

(9,898,760)

 

(5,123,962)

Total direct loans, net

 

127,761,125

 

110,485,717

 

Schedule of composition of gross credit balance

 

 

 

 

 

 

    

2020

    

2019

 

 

S/(000)

 

S/(000)

 

 

 

 

 

Direct loans

 

136,663,825

 

114,807,958

Indirect loans, Note 21(a)

 

20,973,810

 

21,081,035

Banker’s acceptances outstanding

 

455,343

 

535,222

Total

 

158,092,978

 

136,424,215

 

Schedule of detailed information about classification of direct loans

The movement of gross balance of loan portfolio by stages is as follows for the periods of 2020 and 2019:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Stage 1

    

Balance at

 

 

 

 

 

Transfer

 

Transfer

 

New loans,

 

Transfers

 

 

 

Exchange

 

Acquisition of

 

Balance at

 

 

December 31,

 

Transfer to

 

Transfer to

 

from

 

from

 

liquidation and

 

between classes

 

Sale of loan

 

differences and

 

business,

 

December

Loans by class

    

2018

    

Stage 2

    

Stage 3

    

Stage 2

    

Stage 3

    

write-offs, net

    

of loans

    

portfolio

    

others

    

Note 2(a)

    

31, 2020

 

 

S/(000)

 

S/(000)

 

S/(000)

 

S/(000)

 

S/(000)

 

S/(000)

 

S/(000)

 

S/(000)

 

S/(000)

 

S/(000)

 

S/(000)

Commercial loans

 

75,838,248

 

(11,454,423)

 

(1,156,992)

 

6,357,672

 

208,847

 

9,161,013

 

3,077,315

 

 —

 

2,335,115

 

 —

 

84,366,795

Residential mortgage loans

 

17,903,028

 

(2,119,501)

 

(85,736)

 

965,659

 

10,610

 

1,064,765

 

7,965

 

 —

 

316,525

 

 —

 

18,063,315

Micro-business loans

 

13,782,323

 

(12,403,714)

 

(395,404)

 

2,699,000

 

117,762

 

10,635,242

 

(3,006,249)

 

 —

 

151,833

 

 —

 

11,580,793

Consumer loans

 

12,222,858

 

(4,958,492)

 

(769,528)

 

2,018,818

 

21,518

 

1,438,695

 

(79,031)

 

 —

 

85,666

 

 —

 

9,980,504

Total

 

119,746,457

 

(30,936,130)

 

(2,407,660)

 

12,041,149

 

358,737

 

22,299,715

 

 —

 

 —

 

2,889,139

 

 —

 

123,991,407

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Stage 2

    

Balance at

 

 

 

 

 

Transfer

 

Transfer

 

New loans,

 

Transfers

 

 

 

Exchange

 

Acquisition of

 

Balance at

 

 

December 31,

 

Transfer to

 

Transfer to

 

from

 

from

 

liquidation and

 

between classes

 

Sale of loan

 

differences and

 

business,

 

December

Loans by class

    

2019

    

Stage 1

    

Stage 3

    

Stage 1

    

Stage 3

    

write-offs, net

    

of loans

    

portfolio

    

others

    

Note 2(a)

    

31, 2020

 

 

S/(000)

 

S/(000)

 

S/(000)

 

S/(000)

 

S/(000)

 

S/(000)

 

S/(000)

 

S/(000)

 

S/(000)

 

S/(000)

 

S/(000)

Commercial loans

 

4,883,039

 

(6,357,672)

 

(1,690,324)

 

11,454,423

 

301,053

 

421,704

 

915,980

 

 —

 

161,956

 

 —

 

10,090,159

Residential mortgage loans

 

778,702

 

(965,659)

 

(276,415)

 

2,119,501

 

7,597

 

(317,002)

 

173

 

 —

 

13,563

 

 —

 

1,360,460

Micro-business loans

 

1,839,597

 

(2,699,000)

 

(1,001,599)

 

12,403,714

 

95,468

 

(1,283,205)

 

(906,426)

 

 —

 

3,398

 

 —

 

8,451,947

Consumer loans

 

2,210,504

 

(2,018,818)

 

(1,235,709)

 

4,958,492

 

62,822

 

(1,385,764)

 

(9,727)

 

 —

 

2,376

 

 —

 

2,584,176

Total

 

9,711,842

 

(12,041,149)

 

(4,204,047)

 

30,936,130

 

466,940

 

(2,564,267)

 

 —

 

 —

 

181,293

 

 —

 
22,486,742

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Stage 3

    

Balance at

 

 

 

 

 

Transfer

 

Transfer

 

New loans,

 

Transfers

 

 

 

Exchange

 

Acquisition of

 

Balance at

 

 

December 31,

 

Transfer to

 

Transfer to

 

from

 

from

 

liquidation and

 

between classes

 

Sale of loan

 

differences and

 

business,

 

December

Loans by class

    

2019

    

Stage 1

    

Stage 3

    

Stage 1

    

Stage 3

    

write-offs, net

    

of loans

    

portfolio

    

others

    

Note 2(a)

    

31, 2020

 

 

S/(000)

 

S/(000)

 

S/(000)

 

S/(000)

 

S/(000)

 

S/(000)

 

S/(000)

 

S/(000)

 

S/(000)

 

S/(000)

 

S/(000)

Commercial loans

 

3,771,417

 

(208,847)

 

(301,053)

 

1,156,992

 

1,690,324

 

606,823

 

9,933

 

(14,938)

 

139,830

 

 —

 

6,850,481

Residential mortgage loans

 

994,991

 

(10,610)

 

(7,597)

 

85,736

 

276,415

 

(207,041)

 

 1

 

(8,167)

 

20,877

 

 —

 

1,144,605

Micro-business loans

 

1,350,858

 

(117,762)

 

(95,468)

 

395,404

 

1,001,599

 

(566,112)

 

2,738

 

(3,934)

 

11,125

 

 —

 

1,978,448

Consumer loans

 

848,650

 

(21,518)

 

(62,822)

 

769,528

 

1,235,709

 

(1,115,561)

 

(12,672)

 

(3,607)

 

3,588

 

 —

 

1,641,295

Total

 

6,965,916

 

(358,737)

 

(466,940)

 

2,407,660

 

4,204,047

 

(1,281,891)

 

 —

 

(30,646)

 

175,420

 

 —

 

11,614,829

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Consolidated 3 Stages

    

 

 

 

 

 

    

Balance at

    

 

    

    

    

Transfers

    

    

    

Exchange

    

Acquisition of

 

Balance at

 

 

 

 

 

 

 

 

December 31,

 

Write-offs,

 

New loans and

 

between classes

 

Sale of loan

 

differences

 

business,

 

December

Loans by class

    

 

 

 

 

 

    

2019

    

net

    

liquidation, net

    

of loans

    

portfolio

    

and others

    

Note 2(a)

 

31, 2020

 

 

 

 

 

 

 

 

S/(000)

 

S/(000)

 

S/(000)

 

S/(000)

 

S/(000)

 

S/(000)

 

S/(000)

 

S/(000)

Commercial loans

 

 

 

 

 

 

 

84,492,704

 

(115,471)

 

10,305,011

 

4,003,228

 

(14,938)

 

2,636,901

 

 —

 

101,307,435

Residential mortgage loans

 

 

 

 

 

 

 

19,676,721

 

(39,862)

 

580,584

 

8,139

 

(8,167)

 

350,965

 

 —

 

20,568,380

Micro-business loans

 

 

 

 

 

 

 

16,972,778

 

(506,473)

 

9,292,398

 

(3,909,937)

 

(3,934)

 

166,356

 

 —

 

22,011,188

Consumer loans

 

 

 

 

 

 

 

15,282,012

 

(531,964)

 

(530,666)

 

(101,430)

 

(3,607)

 

91,630

 

 —

 

14,205,975

Total

 

 

 

 

 

 

 

136,424,215

 

(1,193,770)

 

19,647,327

 

 —

 

(30,646)

 

3,245,852

 

 —

 

158,092,978

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Stage 1

 

Balance at

 

 

 

 

 

Transfer

 

Transfer

 

New loans,

 

Transfers

 

 

 

Exchange

 

Acquisition of

 

Balance at

 

 

December 31,

 

Transfer to

 

Transfer to

 

from

 

from

 

liquidation and

 

between classes

 

Sale of loan

 

differences and

 

bussiness,

 

December

Loans by class

  

2018

    

Stage 2

    

Stage 3

    

Stage 2

    

Stage 3

    

write-offs, net

    

of loans

    

portfolio

    

others

    

Note 2(a)

    

31, 2019

 

    

S/(000)

    

S/(000)

    

S/(000)

    

S/(000)

    

S/(000)

    

S/(000)

    

S/(000)

    

S/(000)

    

S/(000)

    

S/(000)

    

S/(000)

Commercial loans

 

74,210,068

 

(1,157,585)

 

(569,032)

 

1,511,304

 

13,724

 

1,608,096

 

370,433

 

 —

 

(312,259)

 

163,499

 

75,838,248

Residential mortgage loans

 

16,049,110

 

(411,622)

 

(135,231)

 

315,586

 

12,980

 

2,108,051

 

2,633

 

 —

 

(64,077)

 

25,598

 

17,903,028

Micro-business loans

 

12,236,140

 

(504,971)

 

(440,088)

 

491,781

 

12,896

 

1,973,561

 

(355,466)

 

 —

 

(462)

 

368,932

 

13,782,323

Consumer loans

 

10,712,871

 

(624,147)

 

(307,297)

 

527,363

 

17,725

 

1,832,590

 

(17,600)

 

 —

 

(9,896)

 

91,249

 

12,222,858

Total

 

113,208,189

 

(2,698,325)

 

(1,451,648)

 

2,846,034

 

57,325

 

7,522,298

 

−

 

 —

 

(386,694)

 

649,278

 

119,746,457

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Stage 2

 

Balance at

 

 

 

 

 

Transfer

 

Transfer

 

New loans,

 

Transfers

 

 

 

Exchange

 

Acquisition of

 

Balance at

 

 

December 31,

 

Transfer to

 

Transfer to

 

from

 

from

 

liquidation and

 

between classes

 

Sale of loan

 

differences and

 

bussiness,

 

December

Loans by class

 

2018

 

Stage 1

 

Stage 3

 

Stage 1

 

Stage 3

 

write-offs, net

 

of loans

 

portfolio

 

others

 

Note 2(a)

 

31, 2019

 

    

S/(000)

    

S/(000)

    

S/(000)

    

S/(000)

    

S/(000)

    

S/(000)

    

S/(000)

    

S/(000)

    

S/(000)

    

S/(000)

    

S/(000)

Commercial loans

 

7,530,106

 

(1,511,304)

 

(381,261)

 

1,157,585

 

8,894

 

(1,960,025)

 

54,299

 

 —

 

(20,022)

 

4,767

 

4,883,039

Residential mortgage loans

 

762,549

 

(315,586)

 

(142,954)

 

411,622

 

4,840

 

59,553

 

155

 

 —

 

(1,813)

 

336

 

778,702

Micro-business loans

 

1,965,061

 

(491,781)

 

(208,610)

 

504,971

 

6,320

 

95,835

 

(53,193)

 

 —

 

(311)

 

21,305

 

1,839,597

Consumer loans

 

1,920,204

 

(527,363)

 

(166,708)

 

624,147

 

22,807

 

330,963

 

(1,261)

 

 —

 

369

 

7,346

 

2,210,504

Total

 

12,177,920

 

(2,846,034)

 

(899,533)

 

2,698,325

 

42,861

 

(1,473,674)

 

−

 

 —

 

(21,777)

 

33,754

 

9,711,842

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Stage 3

 

Balance at

 

 

 

 

 

Transfer

 

Transfer

 

New loans,

 

Transfers

 

 

 

Exchange

 

Acquisition of

 

Balance at

 

 

December 31,

 

Transfer to

 

Transfer to

 

from

 

from

 

liquidation and

 

between classes

 

Sale of loan

 

differences and

 

bussiness,

 

December

Loans by class

    

2018

    

Stage 1

    

Stage 2

    

Stage 1

    

Stage 2

    

write-offs, net

    

of loans

    

portfolio

    

others

    

Note 2(a)

    

31, 2019

 

    

S/(000)

    

S/(000)

    

S/(000)

    

S/(000)

    

S/(000)

    

S/(000)

    

S/(000)

    

S/(000)

    

S/(000)

    

S/(000)

    

S/(000)

Commercial loans

 

3,398,900

 

(13,724)

 

(8,894)

 

569,032

 

381,261

 

(446,188)

 

(33,193)

 

(72,219)

 

(18,719)

 

15,161

 

3,771,417

Residential mortgage loans

 

959,033

 

(12,980)

 

(4,840)

 

135,231

 

142,954

 

(179,012)

 

−

 

(41,080)

 

(4,634)

 

319

 

994,991

Micro-business loans

 

1,257,956

 

(12,896)

 

(6,320)

 

440,088

 

208,610

 

(591,241)

 

32,745

 

(33,262)

 

(366)

 

55,544

 

1,350,858

Consumer loans

 

700,865

 

(17,725)

 

(22,807)

 

307,297

 

166,708

 

(296,338)

 

448

 

(5,220)

 

(481)

 

15,903

 

848,650

Total

 

6,316,754

 

(57,325)

 

(42,861)

 

1,451,648

 

899,533

 

(1,512,779)

 

−

 

(151,781)

 

(24,200)

 

86,927

 

6,965,916

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Consolidated 3 Stages

 

 

 

 

 

 

 

Balance at

 

 

 

 

 

Transfers

 

 

 

Exchange

 

Acquisition of

 

Balance at

 

 

 

 

 

 

 

 

December 31,

 

Write-offs,

 

New loans and

 

between classes

 

Sale of loan

 

differences

 

bussiness,

 

December

Loans by class

 

 

 

 

 

 

    

2018

    

net

    

liquidation, net

    

of loans

    

portfolio

    

and others

    

Note 2(a)

 

31, 2019

 

    

 

    

 

    

 

    

S/(000)

    

S/(000)

    

S/(000)

    

S/(000)

    

S/(000)

    

S/(000)

    

S/(000)

 

S/(000)

Commercial loans

 

 

 

 

 

 

 

85,139,074

 

(115,040)

 

(683,077)

 

391,539

 

(72,219)

 

(351,000)

 

183,427

 

84,492,704

Residential mortgage loans

 

 

 

 

 

 

 

17,770,692

 

(11,671)

 

2,000,263

 

2,788

 

(41,080)

 

(70,524)

 

26,253

 

19,676,721

Micro-business loans

 

 

 

 

 

 

 

15,459,157

 

(666,506)

 

2,144,661

 

(375,914)

 

(33,262)

 

(1,139)

 

445,781

 

16,972,778

Consumer loans

 

 

 

 

 

 

 

13,333,940

 

(747,948)

 

2,615,163

 

(18,413)

 

(5,220)

 

(10,008)

 

114,498

 

15,282,012

Total

 

 

 

 

 

 

 

131,702,863

 

(1,541,165)

 

6,077,010

 

−

 

(151,781)

 

(432,671)

 

769,959

 

136,424,215

 

Schedule of Allowance for Credit Losses on Financial instruments

At December 31, 2020 and 2019, the allowance for loan loss for direct and indirect loans was determined under the expected credit loss model as established in IFRS 9. The movement in the allowance for loan loss is shown below for direct and indirect loans:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Stage 1

 

 

 

 

 

 

 

 

 

 

 

New loans

 

 

 

Transfers

 

 

 

 

 

 

 

 

 

 

Balance at

 

 

 

 

 

Transfer

 

Transfer

 

liquidation,

 

Changes in

 

between

 

 

 

Exchange

 

Acquisition

 

Balance at

 

 

December 31,

 

Transfer to

 

Transfer to

 

from

 

from

 

and write-

 

PDs, LGDs,

 

classes of

 

Sale of loan

 

differences

 

of business,

 

December

Loans by class

    

2019

    

Stage 2

    

Stage 3

    

Stage 2

    

Stage 3

    

offs, net

    

EADs

    

loans

    

portfolio

    

and others

    

Note 2(a)

    

31, 2020

 

    

S/(000)

    

S/(000)

    

S/(000)

    

S/(000)

    

S/(000)

    

S/(000)

    

S/(000)

    

S/(000)

    

S/(000)

    

S/(000)

    

S/(000)

    

S/(000)

Commercial loans

 

388,685

 

(319,248)

 

(22,486)

 

316,999

 

17,175

 

30,824

 

107,989

 

155,568

 

 —

 

45,997

 

 —

 

721,503

Residential mortgage loans

 

38,085

 

(43,170)

 

(1,721)

 

31,320

 

4,980

 

30,797

 

92,322

 

258

 

 —

 

5,064

 

 —

 

157,935

Micro-business loans

 

425,642

 

(854,632)

 

(63,397)

 

324,242

 

26,997

 

551,140

 

199,197

 

(14,574)

 

 —

 

15,573

 

 —

 

610,188

Consumer loans

 

248,355

 

(392,000)

 

(45,561)

 

418,592

 

29,305

 

422,158

 

(191,856)

 

(141,252)

 

 —

 

7,695

 

 —

 

355,436

Total

 

1,100,767

 

(1,609,050)

 

(133,165)

 

1,091,153

 

78,457

 

1,034,919

 

207,652

 

 —

 

 —

 

74,329

 

 —

 

1,845,062

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Stage 2

 

 

 

 

 

 

 

 

 

 

 

New loans

 

 

 

Transfers

 

 

 

 

 

 

 

 

 

 

Balance at

 

 

 

 

 

Transfer

 

Transfer

 

liquidation,

 

Changes in

 

between

 

 

 

Exchange

 

Acquisition

 

Balance at

 

 

December 31,

 

Transfer to

 

Transfer to

 

from

 

from

 

and write-

 

PDs, LGDs,

 

classes of

 

Sale of loan

 

differences

 

of business,

 

December

Loans by class

    

2019

    

Stage 1

    

Stage 3

    

Stage 1

    

Stage 3

    

offs, net

    

EADs

    

loans

    

portfolio

    

and others

    

Note 2(a)

    

31, 2020

 

    

S/(000)

    

S/(000)

    

S/(000)

    

S/(000)

    

S/(000)

    

S/(000)

    

S/(000)

    

S/(000)

    

S/(000)

    

S/(000)

    

S/(000)

    

S/(000)

Commercial loans

 

166,135

 

(316,999)

 

(117,858)

 

319,248

 

42,832

 

4,911

 

473,890

 

91,534

 

 —

 

2,523

 

 —

 

666,216

Residential mortgage loans

 

25,684

 

(31,320)

 

(19,698)

 

43,170

 

3,977

 

(24,980)

 

113,363

 

 4

 

 —

 

1,539

 

 —

 

111,739

Micro-business loans

 

249,960

 

(324,242)

 

(275,227)

 

854,632

 

51,478

 

(231,405)

 

851,228

 

(88,758)

 

 —

 

312

 

 —

 

1,087,978

Consumer loans

 

513,431

 

(418,592)

 

(650,885)

 

392,000

 

57,554

 

(285,948)

 

1,341,355

 

(2,780)

 

 —

 

177

 

 —

 

946,312

Total

 

955,210

 

(1,091,153)

 

(1,063,668)

 

1,609,050

 

155,841

 

(537,422)

 

2,779,836

 

 —

 

 —

 

4,551

 

 —

 

2,812,245

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Stage 3

 

 

 

 

 

 

 

 

 

 

 

New loans

 

 

 

Transfers

 

 

 

 

 

 

 

 

 

 

Balance at

 

 

 

 

 

Transfer

 

Transfer

 

liquidation,

 

Changes in

 

between

 

 

 

Exchange

 

Acquisition

 

Balance at

 

 

December 31,

 

Transfer to

 

Transfer to

 

from

 

from

 

and write-

 

PDs, LGDs,

 

classes of

 

Sale of loan

 

differences

 

of business,

 

December

Loans by class

 

2019

 

Stage 1

 

Stage 2

 

Stage 1

 

Stage 2

 

offs, net

 

EADs

 

loans

 

portfolio

 

and others

 

Note 2(a)

 

31, 2020

 

    

S/(000)

    

S/(000)

    

S/(000)

    

S/(000)

    

S/(000)

    

S/(000)

    

S/(000)

    

S/(000)

    

S/(000)

    

S/(000)

    

S/(000)

    

S/(000)

Commercial loans

 

1,315,227

 

(17,175)

 

(42,832)

 

22,486

 

118,072

 

(154,589)

 

989,400

 

(22,478)

 

(13,124)

 

34,440

 

 —

 

2,229,427

Residential mortgage loans

 

472,711

 

(4,980)

 

(3,977)

 

1,721

 

19,698

 

(102,806)

 

247,475

 

 1

 

(4,523)

 

14,430

 

 —

 

639,750

Micro-business loans

 

960,885

 

(26,997)

 

(51,478)

 

63,397

 

275,227

 

(683,408)

 

870,928

 

31,414

 

(3,511)

 

9,531

 

 —

 

1,445,988

Consumer loans

 

702,959

 

(29,305)

 

(57,554)

 

45,561

 

650,885

 

(954,465)

 

1,113,651

 

(8,937)

 

(2,332)

 

2,902

 

 —

 

1,463,365

Total

 

3,451,782

 

(78,457)

 

(155,841)

 

133,165

 

1,063,882

 

(1,895,268)

 

3,221,454

 

 —

 

(23,490)

 

61,303

 

 —

 

5,778,530

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Consolidated 3 Stages

 

 

 

 

 

 

 

 

 

Credit loss of the period

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

New loans

 

 

 

Transfers

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance at

 

 

 

and

 

Changes in

 

between

 

 

 

Exchange

 

Acquisition

 

Balance at

 

 

 

 

 

 

 

 

December

 

Write-offs,

 

liquidation,

 

PDs, LGDs,

 

classes of

 

Sale of loan

 

differences

 

of business,

 

December

Loans by class

 

 

 

 

 

 

    

31, 2019

    

net

    

net

    

EADs

    

loans

    

portfolio

    

and others

    

Note 2(a)

    

31, 2020 (*)

 

    

 

    

 

    

 

    

S/(000)

    

S/(000)

    

S/(000)

    

S/(000)

    

S/(000)

    

S/(000)

    

S/(000)

    

S/(000)

    

S/(000)

Commercial loans

 

 

 

 

 

 

 

1,870,047

 

(141,669)

 

22,815

 

1,571,279

 

224,624

 

(13,124)

 

82,960

 

 —

 

3,616,932

Residential mortgage loans

 

 

 

 

 

 

 

536,480

 

(46,519)

 

(50,470)

 

453,160

 

263

 

(4,523)

 

21,033

 

 —

 

909,424

Micro-business loans

 

 

 

 

 

 

 

1,636,487

 

(529,268)

 

165,595

 

1,921,353

 

(71,918)

 

(3,511)

 

25,416

 

 —

 

3,144,154

Consumer loans

 

 

 

 

 

 

 

1,464,745

 

(551,662)

 

(266,593)

 

2,263,150

 

(152,969)

 

(2,332)

 

10,774

 

 —

 

2,765,113

Total

 

 

 

 

 

 

 

5,507,759

 

(1,269,118)

 

(128,653)

 

6,208,942

 

 —

 

(23,490)

 

140,183

 

 —

 

10,435,623

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Stage 1

 

 

 

 

 

 

 

 

 

 

 

New loans

 

 

 

Transfers

 

 

 

 

 

 

 

 

 

 

Balance at

 

 

 

 

 

Transfer

 

Transfer

 

liquidation,

 

Changes in

 

between

 

 

 

Exchange

 

Acquisition

 

Balance at

 

 

December 31,

 

Transfer to

 

Transfer to

 

from

 

from

 

and write-

 

PDs, LGDs,

 

classes of

 

Sale of loan

 

differences

 

of business,

 

December

Loans by class

 

2018

 

Stage 2

 

Stage 3

 

Stage 2

 

Stage 3

 

offs, net

 

EADs

 

loans

 

portfolio

 

and others

 

Note 2(a)

 

31, 2019

 

    

S/(000)

    

S/(000)

    

S/(000)

    

S/(000)

    

S/(000)

    

S/(000)

    

S/(000)

    

S/(000)

    

S/(000)

    

S/(000)

    

S/(000)

    

S/(000)

Commercial loans

 

311,767

 

(11,258)

 

(9,281)

 

41,033

 

9,492

 

36,768

 

10,982

 

4,886

 

 —

 

(8,834)

 

3,130

 

388,685

Residential mortgage loans

 

31,479

 

(2,069)

 

(726)

 

7,857

 

6,178

 

6,850

 

(11,675)

 

134

 

 —

 

(490)

 

547

 

38,085

Micro-business loans

 

342,519

 

(22,272)

 

(49,368)

 

57,319

 

9,631

 

(71,852)

 

149,468

 

(6,511)

 

 —

 

(5,759)

 

22,467

 

425,642

Consumer loans

 

276,019

 

(18,691)

 

(80,991)

 

90,915

 

16,831

 

(97,213)

 

57,927

 

1,491

 

 —

 

(176)

 

2,243

 

248,355

Total

 

961,784

 

(54,290)

 

(140,366)

 

197,124

 

42,132

 

(125,447)

 

206,702

 

 —

 

 —

 

(15,259)

 

28,387

 

1,100,767

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Stage 2

 

 

 

 

 

 

 

 

 

 

 

New loans

 

 

 

Transfers

 

 

 

 

 

 

 

 

 

 

Balance at

 

 

 

 

 

Transfer

 

Transfer

 

liquidation,

 

Changes in

 

between

 

 

 

Exchange

 

Acquisition

 

Balance at

 

 

December 31,

 

Transfer to

 

Transfer to

 

from

 

from

 

and write-

 

PDs, LGDs,

 

classes of

 

Sale of loan

 

differences

 

of business,

 

December

Loans by class

    

2018

    

Stage 1

    

Stage 3

    

Stage 1

    

Stage 3

    

offs, net

    

EADs

    

loans

    

portfolio

    

and others

    

Note 2(a)

    

31, 2019

 

    

S/(000)

    

S/(000)

    

S/(000)

    

S/(000)

    

S/(000)

    

S/(000)

    

S/(000)

    

S/(000)

    

S/(000)

    

S/(000)

    

S/(000)

    

S/(000)

Commercial loans

 

151,999

 

(41,033)

 

(21,988)

 

11,258

 

6,102

 

(4,601)

 

62,277

 

994

 

 —

 

(511)

 

1,638

 

166,135

Residential mortgage loans

 

22,404

 

(7,857)

 

(4,562)

 

2,069

 

2,434

 

2,780

 

8,409

 

42

 

 —

 

(100)

 

65

 

25,684

Micro-business loans

 

263,593

 

(57,319)

 

(43,113)

 

22,272

 

5,576

 

(121,662)

 

172,546

 

(956)

 

 —

 

63

 

8,960

 

249,960

Consumer loans

 

500,535

 

(90,915)

 

(43,031)

 

18,691

 

21,996

 

(153,370)

 

257,845

 

(80)

 

 —

 

(19)

 

1,779

 

513,431

Total

 

938,531

 

(197,124)

 

(112,694)

 

54,290

 

36,108

 

(276,853)

 

501,077

 

 —

 

 —

 

(567)

 

12,442

 

955,210

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Stage 3

 

 

 

 

 

 

 

 

 

 

 

New loans

 

 

 

Transfers

 

 

 

 

 

 

 

 

 

 

Balance at

 

 

 

 

 

Transfer

 

Transfer

 

liquidation,

 

Changes in

 

between

 

 

 

Exchange

 

Acquisition

 

Balance at

 

 

December 31,

 

Transfer to

 

Transfer to

 

from

 

from

 

and write-

 

PDs, LGDs,

 

classes of

 

Sale of loan

 

differences

 

of business,

 

December

Loans by class

 

2018

 

Stage 1

 

Stage 2

 

Stage 1

 

Stage 2

 

offs, net

 

EADs

 

loans

 

portfolio

 

and others

 

Note 2(a)

 

31, 2019

 

    

S/(000)

    

S/(000)

    

S/(000)

    

S/(000)

    

S/(000)

    

S/(000)

    

S/(000)

    

S/(000)

    

S/(000)

    

S/(000)

    

S/(000)

    

S/(000)

Commercial loans

 

1,355,363

 

(9,492)

 

(6,102)

 

9,281

 

21,988

 

(275,028)

 

301,493

 

(33,973)

 

(55,783)

 

(6,348)

 

13,828

 

1,315,227

Residential mortgage loans

 

470,286

 

(6,178)

 

(2,434)

 

726

 

4,562

 

(101,740)

 

146,860

 

 —

 

(24,319)

 

(15,245)

 

193

 

472,711

Micro-business loans

 

979,292

 

(9,631)

 

(5,576)

 

49,368

 

43,113

 

(457,093)

 

327,884

 

32,878

 

(27,267)

 

(22,688)

 

50,605

 

960,885

Consumer loans

 

609,275

 

(16,831)

 

(21,996)

 

80,991

 

43,031

 

(255,086)

 

284,403

 

1,095

 

(3,943)

 

(30,628)

 

12,648

 

702,959

Total

 

3,414,216

 

(42,132)

 

(36,108)

 

140,366

 

112,694

 

(1,088,947)

 

1,060,640

 

 —

 

(111,312)

 

(74,909)

 

77,274

 

3,451,782

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Consolidated 3 Stages

 

 

 

 

 

 

 

 

 

 

 

Credit loss of the period

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance at

 

 

 

New loans

 

Changes in

 

Transfers

 

Sale of

 

Exchange

 

Acquisition

 

Balance at

 

 

 

 

 

 

 

 

December

 

Write-offs,

 

and

 

PDs, LGDs,

 

between classes of

 

loan

 

differences

 

of business,

 

December

Loans by class

 

 

  

 

    

 

    

31, 2018

    

net

    

liquidation,net

    

EADs

    

loans

    

portfolio

    

and others

    

Note 2(a)

 

31, 2019 (*)

 

    

 

    

 

    

 

    

S/(000)

    

S/(000)

    

S/(000)

    

S/(000)

    

S/(000)

    

S/(000)

    

S/(000)

 

S/(000)

 

S/(000)

Commercial loans

 

 

 

 

 

 

 

1,819,129

 

(181,520)

 

(61,341)

 

374,752

 

(28,093)

 

(55,783)

 

(15,693)

 

18,596

 

1,870,047

Residential mortgage loans

 

 

 

 

 

 

 

524,169

 

(42,920)

 

(49,190)

 

143,594

 

176

 

(24,319)

 

(15,835)

 

805

 

536,480

Micro-business loans

 

 

 

 

 

 

 

1,585,404

 

(816,886)

 

166,279

 

649,898

 

25,411

 

(27,267)

 

(28,384)

 

82,032

 

1,636,487

Consumer loans

 

 

 

 

 

 

 

1,385,829

 

(781,593)

 

275,924

 

600,175

 

2,506

 

(3,943)

 

(30,823)

 

16,670

 

1,464,745

Total

 

 

 

 

 

 

 

5,314,531

 

(1,822,919)

 

331,672

 

1,768,419

 

 —

 

(111,312)

 

(90,735)

 

118,103

 

5,507,759

 

(*)The movement in the allowance for loan losses of the period 2020 includes the allowance for direct and indirect loans for approximately S/9,898.8 million and S/536.9 million, respectively (approximately S/5,124.0 million and S/383.8 million, respectively, at December 31, 2019). The expected loan loss for indirect loan is included in “Other liabilities” of the consolidated statement of financial position, Note 13(a). In Management’s opinion, the allowance for loan losses recorded as of December 31, 2020 and 2019 has been established in accordance with IFRS 9 and is sufficient to cover incurred losses on the loan portfolio.

Schedule of detailed information about direct gross loan on maturity basis

f)   The following table presents the gross direct loan portfolio at December 31, 2020 and 2019 by maturity based on the remaining period to the payment due date:

 

 

 

 

 

 

 

    

2020

    

2019

 

    

S/(000)

    

S/(000)

Outstanding loans -

 

  

 

  

Up to 1 year

 

51,346,112

 

53,306,936

From 1 to 3 years

 

40,897,556

 

24,586,441

From 3 to 5 years

 

12,812,446

 

9,615,514

More than 5 years

 

26,922,142

 

23,994,181

 

 

131,978,256

 

111,503,072

Internal overdue loans -

 

  

 

  

Overdue 90 days

 

984,630

 

692,161

Over 90 days

 

3,700,939

 

2,612,725

 

 

4,685,569

 

3,304,886

 

 

  

 

  

Total

 

136,663,825

 

114,807,958