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INTEREST, SIMILAR INCOME AND SIMILAR EXPENSES (Details) - PEN (S/)
S/ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Interest and Similar Income [Abstract]      
Interest on loans S/ 10,170,680 S/ 10,027,834 S/ 10,664,519
Interest on investments at fair value through other comprehensive income [1] 1,152,542 1,097,952 1,070,469
Interest on investments at amortized cost [2] 323,689 226,516 194,803
Interest on investments at fair value through profit or loss 50,562 47,696 46,170
Interest on due from banks [3] 49,637 74,813 320,713
Dividends received 40,637 25,603 25,259
Other interest and similar income 62,659 47,234 59,731
Total 11,850,406 11,547,648 12,381,664
Interest and Similar Expense [Abstract]      
Interest on deposits and obligations [4] (865,474) (1,188,335) (1,458,910)
Interest on bonds and notes issued (800,801) (883,913) (900,172)
Interest on due to banks and correspondents [5] (435,426) (557,141) (590,908)
Deposit Insurance Fund (213,741) (183,132) (151,626)
Interest on lease liabilities (27,374) (32,295) (36,484)
Other interest and similar expense (145,610) (131,490) (151,813)
Total S/ (2,488,426) S/ (2,976,306) S/ (3,289,913)
Percentage of increase in inflation 6.43% 1.97%  
Increase in nominal amounts of generating yield investments S/ 130,200    
[1] The increase corresponds mainly to a higher yield on investments indexed by the Constant Updating Value (VAC), due to the increase in inflation, 6.43 percent in 2021 compared to 1.97 percent in 2020.
[2] The variation corresponds mainly to the increase in nominal amounts, in sovereign bonds, generating a yield of S/130.2 million in these investments.
[3] During the year 2021, the item suffered a decrease that is mainly due to a significant drop in the interest rate remunerated by the BCR to the ordinary reserve accounts. See Note 4
[4] The variation corresponds mainly to a decrease in interest on time and demand deposits as a result of lower rates offered in the market, as well as a reduction in CTS deposits after the government liberalized access to these funds.
[5] During the year 2021, the balance of loans from international funds and collateralized repurchase agreements have decreased; as well as interest rates that have generated a lower interest accrual in the 2021 period.