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BONDS AND NOTES ISSUED, Summary of Bonds and Notes Issued (Details)
¥ in Thousands, S/ in Thousands, Bs. in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2021
PEN (S/)
Dec. 31, 2020
PEN (S/)
Dec. 31, 2021
USD ($)
Dec. 31, 2021
JPY (¥)
Dec. 31, 2021
BOB (Bs.)
Aug. 31, 2021
PEN (S/)
Mar. 30, 2021
Dec. 31, 2020
USD ($)
Dec. 31, 2020
JPY (¥)
Dec. 31, 2020
BOB (Bs.)
Sep. 30, 2019
USD ($)
Jul. 31, 2019
JPY (¥)
Feb. 28, 2019
USD ($)
Disclosure of detailed information about borrowings [Abstract]                          
Carrying amount S/ 16,944,418 S/ 16,181,568                      
Interest payable 134,411 137,839                      
Notes and debentures issued S/ 17,078,829 S/ 16,319,407                      
Minimum [Member]                          
Disclosure of detailed information about borrowings [Abstract]                          
Maturity January 2022 January 2021                      
Maximum [Member]                          
Disclosure of detailed information about borrowings [Abstract]                          
Maturity March 2032 March 2032                      
MiBanco [Member]                          
Disclosure of detailed information about borrowings [Abstract]                          
Annual interest rate             5.84%            
Senior Notes One [Member] | Banco de Credito del Peru [Member]                          
Disclosure of detailed information about borrowings [Abstract]                          
Interest payment [1] Semi-annual                        
Maturity [1] April 2023 April 2023                      
Issued amount | $ [1]     $ 716,301         $ 716,301          
Carrying amount [1] S/ 2,821,515 S/ 2,552,985                      
Senior Notes One [Member] | Banco de Credito del Peru [Member] | Fixed interest rate [member]                          
Disclosure of detailed information about borrowings [Abstract]                          
Annual interest rate [1] 4.25%   4.25% 4.25% 4.25%                
Senior Notes Two [Member]                          
Disclosure of detailed information about borrowings [Abstract]                          
Issued amount | $                     $ 800,000    
Senior Notes Two [Member] | Cash Flow Hedges [Member]                          
Disclosure of detailed information about borrowings [Abstract]                          
Issued amount S/ 199,400 S/ 181,100 $ 50,000         50,000          
Senior Notes Two [Member] | Banco de Credito del Peru [Member]                          
Disclosure of detailed information about borrowings [Abstract]                          
Interest payment [2] Semi-annual                        
Maturity [2] January 2025 January 2025                      
Issued amount | $ [2]     $ 700,000         700,000          
Carrying amount [2] S/ 2,721,570 S/ 2,453,353                      
Senior Notes Two [Member] | Banco de Credito del Peru [Member] | Fixed interest rate [member] | Minimum [Member]                          
Disclosure of detailed information about borrowings [Abstract]                          
Annual interest rate [2] 2.70%   2.70% 2.70% 2.70%                
Senior Notes Two [Member] | Banco de Credito del Peru [Member] | Fixed interest rate [member] | Maximum [Member]                          
Disclosure of detailed information about borrowings [Abstract]                          
Annual interest rate [2] 5.38%   5.38% 5.38% 5.38%                
Senior Notes Three [Member] | Banco de Credito del Peru [Member]                          
Disclosure of detailed information about borrowings [Abstract]                          
Interest payment [3] Semi-annual                        
Maturity [3] September 2024 September 2024                      
Issued amount [3] S/ 2,900,000 S/ 2,900,000                      
Carrying amount [3] S/ 2,484,121 S/ 2,469,832                      
Senior Notes Three [Member] | Banco de Credito del Peru [Member] | Fixed interest rate [member] | Minimum [Member]                          
Disclosure of detailed information about borrowings [Abstract]                          
Annual interest rate [3] 4.65%   4.65% 4.65% 4.65%                
Senior Notes Three [Member] | Banco de Credito del Peru [Member] | Fixed interest rate [member] | Maximum [Member]                          
Disclosure of detailed information about borrowings [Abstract]                          
Annual interest rate [3] 4.85%   4.85% 4.85% 4.85%                
Senior Notes Four [Member]                          
Disclosure of detailed information about borrowings [Abstract]                          
Interest payment [4] Semi-annual                        
Maturity [4] June 2025 June 2025                      
Issued amount S/ 1,993,500 S/ 1,810,500 $ 500,000         500,000          
Carrying amount [4] S/ 1,906,364 1,737,139                      
Senior Notes Four [Member] | Fixed interest rate [member]                          
Disclosure of detailed information about borrowings [Abstract]                          
Annual interest rate [4] 2.75%   2.75% 2.75% 2.75%                
Senior Notes Five [Member]                          
Disclosure of detailed information about borrowings [Abstract]                          
Issued amount S/ 119,600 S/ 108,600 $ 30,000         30,000          
Senior Notes Five [Member] | Banco de Credito del Peru [Member]                          
Disclosure of detailed information about borrowings [Abstract]                          
Interest payment [5] Quarterly                        
Maturity [5] March 2022 March 2022                      
Issued amount | $ [5]     $ 30,000         30,000          
Carrying amount [5] S/ 119,585 S/ 108,479                      
Senior Notes Five [Member] | Banco de Credito del Peru [Member] | LIBOR [Member]                          
Disclosure of detailed information about borrowings [Abstract]                          
Borrowing term [5] 3 months                        
Borrowings basis spread on variable rate [5] 0.0055                        
Senior Notes Six [Member] | Cash Flow Hedges [Member]                          
Disclosure of detailed information about borrowings [Abstract]                          
Annual interest rate 0.45%   0.45% 0.45% 0.45%                
Issued amount S/ 173,200     ¥ 5,000,000                  
Senior Notes Six [Member] | Banco de Credito del Peru [Member]                          
Disclosure of detailed information about borrowings [Abstract]                          
Interest payment [6] Semi-annual                        
Maturity [6] December 2023 0                      
Issued amount | ¥ [6]       ¥ 5,000,000         ¥ 0        
Carrying amount [6] S/ 172,773 S/ 0                      
Senior Notes Six [Member] | Banco de Credito del Peru [Member] | Fixed interest rate [member]                          
Disclosure of detailed information about borrowings [Abstract]                          
Annual interest rate [6] 0.45%   0.45% 0.45% 0.45%                
Senior Notes Seven [Member] | Cash Flow Hedges [Member]                          
Disclosure of detailed information about borrowings [Abstract]                          
Issued amount   S/ 175,300       S/ 185,700     5,000,000     ¥ 5,000,000  
Senior Notes Seven [Member] | Banco de Credito del Peru [Member]                          
Disclosure of detailed information about borrowings [Abstract]                          
Interest payment [7] Semi-annual                        
Maturity [7] 0 August 2021                      
Issued amount | ¥ [7]       ¥ 0         ¥ 5,000,000        
Carrying amount [7] S/ 0 S/ 175,087                      
Senior Notes Seven [Member] | Banco de Credito del Peru [Member] | Fixed interest rate [member]                          
Disclosure of detailed information about borrowings [Abstract]                          
Annual interest rate [7] 0.42%   0.42% 0.42% 0.42%                
Senior Notes Eight [Member]                          
Disclosure of detailed information about borrowings [Abstract]                          
Issued amount | $                         $ 70,000
Senior Notes Eight [Member] | Banco de Credito del Peru [Member]                          
Disclosure of detailed information about borrowings [Abstract]                          
Interest payment [8] Quarterly                        
Maturity [8] 0 March 2021                      
Issued amount | $ [8]     $ 0         70,000          
Carrying amount [8] S/ 0 S/ 253,412                      
Senior Notes Eight [Member] | Banco de Credito del Peru [Member] | LIBOR [Member]                          
Disclosure of detailed information about borrowings [Abstract]                          
Borrowing term [8] 3 months                        
Borrowings basis spread on variable rate [8] 0.0100                        
MMT 100 - Secured Notes [Member] | CCR Inc. [Member] | 2012 Series C Floating Rate Certificates [Member]                          
Disclosure of detailed information about borrowings [Abstract]                          
Annual interest rate [9] 4.75%   4.75% 4.75% 4.75%                
Interest payment [9] Monthly                        
Maturity [9] July 2022 July 2022                      
Issued amount | $ [9]     $ 315,000         315,000          
Carrying amount [9] S/ 104,659 S/ 257,996                      
Corporate bonds [Member]                          
Disclosure of detailed information about borrowings [Abstract]                          
Carrying amount S/ 551,685 S/ 790,577                      
Corporate Bonds, Fourth Program, Tenth Issuance (Series A, B and C) [Member] | Banco de Credito del Peru [Member]                          
Disclosure of detailed information about borrowings [Abstract]                          
Interest payment Semi-annual                        
Maturity October 2022 / November 2022 December 2021/ November 2022                      
Issued amount S/ 400,000 S/ 550,000                      
Carrying amount S/ 399,923 S/ 527,794                      
Corporate Bonds, Fourth Program, Tenth Issuance (Series A, B and C) [Member] | Banco de Credito del Peru [Member] | Fixed interest rate [member] | Minimum [Member]                          
Disclosure of detailed information about borrowings [Abstract]                          
Annual interest rate 5.31%   5.31% 5.31% 5.31%                
Corporate Bonds, Fourth Program, Tenth Issuance (Series A, B and C) [Member] | Banco de Credito del Peru [Member] | Fixed interest rate [member] | Maximum [Member]                          
Disclosure of detailed information about borrowings [Abstract]                          
Annual interest rate 5.50%   5.50% 5.50% 5.50%                
Corporate Bonds, Fifth Program, Third Issuance, Series C [Member] | Banco de Credito del Peru [Member]                          
Disclosure of detailed information about borrowings [Abstract]                          
Interest payment Semi-annual                        
Maturity July 2022 July 2022                      
Issued amount S/ 109,310 S/ 109,310                      
Carrying amount S/ 109,182 S/ 108,980                      
Corporate Bonds, Fifth Program, Third Issuance, Series C [Member] | Banco de Credito del Peru [Member] | Fixed interest rate [member]                          
Disclosure of detailed information about borrowings [Abstract]                          
Annual interest rate 4.25%   4.25% 4.25% 4.25%                
Corporate Bonds, Fifth Program, Third Issuance Series A [Member] | Banco de Credito del Peru [Member]                          
Disclosure of detailed information about borrowings [Abstract]                          
Interest payment Semi-annual                        
Maturity 0 July 2021                      
Issued amount S/ 0 S/ 70,770                      
Carrying amount S/ 0 S/ 69,178                      
Corporate Bonds, Fifth Program, Third Issuance Series A [Member] | Banco de Credito del Peru [Member] | Fixed interest rate [member]                          
Disclosure of detailed information about borrowings [Abstract]                          
Annual interest rate 4.59%   4.59% 4.59% 4.59%                
Corporate Bonds, Fifth Program, Third Issuance Series D [Member] | Banco de Credito del Peru [Member]                          
Disclosure of detailed information about borrowings [Abstract]                          
Interest payment Semi-annual                        
Maturity August 2022 August 2022                      
Issued amount S/ 42,660 S/ 42,660                      
Carrying amount S/ 42,580 S/ 42,456                      
Corporate Bonds, Fifth Program, Third Issuance Series D [Member] | Banco de Credito del Peru [Member] | Fixed interest rate [member]                          
Disclosure of detailed information about borrowings [Abstract]                          
Annual interest rate 3.88%   3.88% 3.88% 3.88%                
Corporate Bonds, Fifth Program, Third Issuance Series B [Member] | Banco de Credito del Peru [Member]                          
Disclosure of detailed information about borrowings [Abstract]                          
Interest payment Semi-annual                        
Maturity 0 October 2021                      
Issued amount S/ 0 S/ 42,200                      
Carrying amount S/ 0 42,169                      
Corporate Bonds, Fifth Program, Third Issuance Series B [Member] | Banco de Credito del Peru [Member] | Fixed interest rate [member]                          
Disclosure of detailed information about borrowings [Abstract]                          
Annual interest rate 4.88%   4.88% 4.88% 4.88%                
Subordinated bonds [Member]                          
Disclosure of detailed information about borrowings [Abstract]                          
Carrying amount S/ 791,843 S/ 691,163                      
Subordinated Bonds One [Member] | Banco de Credito del Peru [Member]                          
Disclosure of detailed information about borrowings [Abstract]                          
Interest payment [10] Semi-annual                        
Maturity [10] April 2027 / September 2031 April 2027 / July 2030                      
Issued amount | $ [10]     $ 1,350,000         1,144,700          
Carrying amount [10] S/ 5,269,458 S/ 4,028,266                      
Subordinated Bonds One [Member] | Banco de Credito del Peru [Member] | Fixed interest rate [member] | Minimum [Member]                          
Disclosure of detailed information about borrowings [Abstract]                          
Annual interest rate [10] 3.13%   3.13% 3.13% 3.13%                
Subordinated Bonds One [Member] | Banco de Credito del Peru [Member] | Fixed interest rate [member] | Maximum [Member]                          
Disclosure of detailed information about borrowings [Abstract]                          
Annual interest rate [10] 6.13%   6.13% 6.13% 6.13%                
Subordinated Bonds Two [Member] | Banco de Credito del Peru [Member]                          
Disclosure of detailed information about borrowings [Abstract]                          
Interest payment [10] Semi-annual                        
Maturity [10] 0 September 2026                      
Issued amount | $ [10]     $ 0         181,505          
Carrying amount [10] S/ 0 S/ 651,176                      
Subordinated Bonds Two [Member] | Banco de Credito del Peru [Member] | Fixed interest rate [member]                          
Disclosure of detailed information about borrowings [Abstract]                          
Annual interest rate [10] 6.88%   6.88% 6.88% 6.88%                
Subordinated Bonds, First Program, First Issuance Series A [Member] | Banco de Credito del Peru [Member]                          
Disclosure of detailed information about borrowings [Abstract]                          
Interest payment Semi-annual                        
Maturity May 2027 May 2027                      
Issued amount S/ 15,000 S/ 15,000                      
Carrying amount S/ 15,000 S/ 15,000                      
Subordinated Bonds, First Program, First Issuance Series A [Member] | Banco de Credito del Peru [Member] | Fixed interest rate [member]                          
Disclosure of detailed information about borrowings [Abstract]                          
Annual interest rate 6.22%   6.22% 6.22% 6.22%                
Subordinated Bonds, First Program, First Issuance Series A [Member] | Pacifico Seguros [Member]                          
Disclosure of detailed information about borrowings [Abstract]                          
Interest payment Quarterly                        
Maturity November 2026 November 2026                      
Issued amount | $     $ 60,000         60,000          
Carrying amount S/ 239,220 S/ 217,260                      
Subordinated Bonds, First Program, First Issuance Series A [Member] | Pacifico Seguros [Member] | Fixed interest rate [member]                          
Disclosure of detailed information about borrowings [Abstract]                          
Annual interest rate 6.97%   6.97% 6.97% 6.97%                
Subordinated Bonds, Second Program, Second Issuance Series A [Member] | Pacifico Seguros [Member]                          
Disclosure of detailed information about borrowings [Abstract]                          
Interest payment Semi-annual                        
Maturity December 2030 December 2030                      
Issued amount | $     $ 50,000         50,000          
Carrying amount S/ 181,511 S/ 164,784                      
Subordinated Bonds, Second Program, Second Issuance Series A [Member] | Pacifico Seguros [Member] | Fixed interest rate [member]                          
Disclosure of detailed information about borrowings [Abstract]                          
Annual interest rate 4.41%   4.41% 4.41% 4.41%                
Subordinated Bonds, Second Program, First Issuance Series A [Member] | MiBanco [Member]                          
Disclosure of detailed information about borrowings [Abstract]                          
Interest payment [11] Semi-annual                        
Maturity [11] 0 May 2026                      
Issued amount [11] S/ 0 S/ 100,000                      
Carrying amount [11] S/ 0 S/ 100,000                      
Subordinated Bonds, Second Program, First Issuance Series A [Member] | MiBanco [Member] | Fixed interest rate [member]                          
Disclosure of detailed information about borrowings [Abstract]                          
Annual interest rate [11] 8.50%   8.50% 8.50% 8.50%                
Subordinated Bonds, Second Program, First Issuance Series B [Member] | MiBanco [Member]                          
Disclosure of detailed information about borrowings [Abstract]                          
Interest payment Semi-annual                        
Maturity June 2027 June 2027                      
Issued amount S/ 30,000 S/ 30,000                      
Carrying amount S/ 30,000 S/ 30,000                      
Subordinated Bonds, Second Program, First Issuance Series B [Member] | MiBanco [Member] | Fixed interest rate [member]                          
Disclosure of detailed information about borrowings [Abstract]                          
Annual interest rate 7.22%   7.22% 7.22% 7.22%                
Subordinated Bonds, Third program, Issuance II [Member] | Banco De Credito De Bolivia [Member]                          
Disclosure of detailed information about borrowings [Abstract]                          
Interest payment Semi-annual                        
Maturity August 2022 August 2022                      
Issued amount | Bs.         Bs. 137,200         Bs. 137,200      
Carrying amount S/ 80,453 S/ 73,546                      
Subordinated Bonds, Third program, Issuance II [Member] | Banco De Credito De Bolivia [Member] | Fixed interest rate [member]                          
Disclosure of detailed information about borrowings [Abstract]                          
Annual interest rate 5.25%   5.25% 5.25% 5.25%                
Subordinated Bonds, Third program, Issuance III [Member] | Banco De Credito De Bolivia [Member]                          
Disclosure of detailed information about borrowings [Abstract]                          
Interest payment Semi-annual                        
Maturity August 2030 August 2030                      
Issued amount | Bs.         Bs. 100,000         100,000      
Carrying amount S/ 58,461 S/ 53,278                      
Subordinated Bonds, Third program, Issuance III [Member] | Banco De Credito De Bolivia [Member] | Fixed interest rate [member]                          
Disclosure of detailed information about borrowings [Abstract]                          
Annual interest rate 6.00%   6.00% 6.00% 6.00%                
Subordinated Bonds, Third program, Issuance I [Member] | Banco De Credito De Bolivia [Member]                          
Disclosure of detailed information about borrowings [Abstract]                          
Interest payment Semi-annual                        
Maturity August 2028 August 2028                      
Issued amount | Bs.         Bs. 70,000         Bs. 70,000      
Carrying amount S/ 40,922 S/ 37,295                      
Subordinated Bonds, Third program, Issuance I [Member] | Banco De Credito De Bolivia [Member] | Fixed interest rate [member]                          
Disclosure of detailed information about borrowings [Abstract]                          
Annual interest rate 6.25%   6.25% 6.25% 6.25%                
Subordinated Bonds Fourth Program First Issuance Series A [Member] | MiBanco [Member]                          
Disclosure of detailed information about borrowings [Abstract]                          
Interest payment [11] Semi-annual                        
Maturity [11] March 2031 0                      
Issued amount [11] S/ 155,000 S/ 0                      
Carrying amount [11] S/ 146,276 S/ 0                      
Subordinated Bonds Fourth Program First Issuance Series A [Member] | MiBanco [Member] | Fixed interest rate [member]                          
Disclosure of detailed information about borrowings [Abstract]                          
Annual interest rate [11] 5.84%   5.84% 5.84% 5.84%                
Negotiable Certificates of Deposit [Member] | MiBanco [Member]                          
Disclosure of detailed information about borrowings [Abstract]                          
Interest payment Annual                        
Maturity January 2022 / August 2025 January 2021 / November 2024                      
Issued amount S/ 939 S/ 1,385                      
Carrying amount S/ 845 S/ 1,385                      
Negotiable Certificates of Deposit [Member] | MiBanco [Member] | Fixed interest rate [member] | Minimum [Member]                          
Disclosure of detailed information about borrowings [Abstract]                          
Annual interest rate 1.71%   1.71% 1.71% 1.71%                
Negotiable Certificates of Deposit [Member] | MiBanco [Member] | Fixed interest rate [member] | Maximum [Member]                          
Disclosure of detailed information about borrowings [Abstract]                          
Annual interest rate 5.80%   5.80% 5.80% 5.80%                
Negotiable Certificates of Deposit [Member] | MiBanco [Member] | LIBOR [Member]                          
Disclosure of detailed information about borrowings [Abstract]                          
Borrowing term 3 months                        
Borrowings basis spread on variable rate 0.0279                        
Subordinated Negotiable Certificates [Member] | Banco de Credito del Peru [Member]                          
Disclosure of detailed information about borrowings [Abstract]                          
Interest payment Quarterly                        
Maturity 0 November 2021                      
Issued amount | $     $ 0         $ 2,960          
Carrying amount S/ 0 S/ 10,718                      
[1] The Bank can redeem the total or part of the notes at any time, having as a penalty an interest rate equal to the Treasury of the United States of America’s rate plus 50 basis point. The payment of principal will take place on the due date of the notes or when the Bank redeems these notes.
[2] In September 2019, the Bank announced a repurchase offer and propose an exchange to the holders of senior notes of the US$ 800.0 million issued in September of 2010, managing to repurchase US$ 220.3 million and exchanging US$ 205.0 million with new senior notes, at market rates , whose terms and conditions are very similar to the previous issue. At the end of said offer, the Bank kept a notional value payable amounting to US$374.6 million, which matured in September 2020.
[3] In September 2019, the Bank announced a repurchase offer and propose an exchange to the holders of senior notes of the S/2,000 million issued in October of 2017, managing to repurchase S/291.2 million and exchanging S/1,308.8 million with new senior notes, at market rates, whose terms and conditions are very similar to the previous issue. At the end of said offer, the Bank keeps a notional value payable amounting to S/400.0 million, which was fully redeemed in October 2020.
[4] In June 2020, Credicorp Ltd. issued Senior Notes for approximately US$500.0 million, equivalent to S/1,993.5 million as of December 31, 2021 (US$500.0 mllion, equivalent to S/1,810.5 million as of December31, 2020) at fixed interest rate, whose maturity date is on June 17, 2025.
[5] On December 31,  2021, the Group maintains an IRS for a notional amount of  US$30.0 million, equivalent to S/119.6 million (US$30.0 million equivalent to S/108.6 million, as of December 31, 2020), see note 13(c), which was designated as cash flows hedge of a corporate bond issued in US dollar at a variable rate. By means of the IRS, this bond was economically converted to a fixed interest rate.
[6] In November of 2021, the Bank issued Senior Notes for approximately JPY5,000.0 million, equivalent to S/173.2 million as of December 31, 2021 at fixed interest rate of 0.45 percent, which matures on December 31, 2023.
[7] In July of 2019, the Bank issued Senior Notes for approximately JPY5,000.0 million, equivalent to S/185.7 million as of August 31, 2021 (JPY5,000.0 million, equivalent to S/175.3 million as of December 31, 2020) at fixed interest rate. These Notes matured in August 2021.
[8] In February of 2019, the Bank issued Senior Notes for approximately US$70.0 million at variable rate. These Notes matured in March 2021.
[9] This issue is guaranteed by the future collection of electronic payment orders sent to BCP (including foreign branches) through the Society Worldwide Interbank Financial Telecommunications, through which the correspondent bank uses the network to places orders of payment to the beneficiary that is not a financial institution.
[10] In July 2020, The Bank repurchased US$294.6 million from the total US$476.1 million outstanding amount of “6.875% Fixed- to-Floating Rate Subordinated Notes due 2026”. Also, the Bank repurchased US$224.9 and exchanged US$200.4 million from the total US$720 million outstanding amount of “6.125% Fixed-to-Floating Rate Subordinated Notes due 2027”.
[11] On March 30, 2021, Mibanco S.A. issued the Fourth Program Series A Subordinated Bonds amounting to S/155.0 million with a fixed rate of 5.84 percent, which matures on March 31, 2031. The payment of the principal will take place on the maturity date, or when Mibanco S.A. redeems them, only after a minimum term of 5 years from issuance date.