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INTANGIBLE ASSETS AND GOODWILL, NET (Tables)
 12 Months Ended
Dec. 31, 2022
INTANGIBLE ASSETS AND GOODWILL, NET [Abstract]  
Movement of Intangible Assets With Useful Life
The movement of intangible assets with limited useful life for the years ended December 31, 2022, 2021 and 2020 was as follows:

Description
  
Client
relationships
(i)
    
Brand
name (ii)
    
Fund
manager
contract (iii)
    
Relationships
with holders
    
Software and
developments
    
Intangible
in
progress
    
Other
    
2022
    
2021
    
2020
  
    S/(000)
  S/(000)
  S/(000)
  S/(000)
  S/(000)
  S/(000)
  S/(000)
  S/(000)
  S/(000)
  S/(000)
                                                                                 
Cost -
                                                                                
Balances at January 1
    
380,413
      
171,864
      
95,378
      
21,100
      
3,359,995
      
656,912
      
22,643
      
4,708,305
      
4,293,864
      
3,804,989
  
Additions
    
–
      
–
      
–
      
–
      
137,672
      
565,209
      
789
      
703,670
      
532,244
      
535,241
  
Acquisition of business
    
–
      
–
      
–
      
–
      
4,601
      
–
      
2,932
      
7,533
      
–
      
–
  
Transfers
    
–
      
–
      
–
      
–
      
302,849
      
(302,849
)
    
–
      
–
      
–
      
–
  
Disposals and others
    
(6,811
)
    
–
      
(21,966
)
    
–
      
(163,026
)
    
(52,059
)
    
(8,411
)
    
(252,273
)
    
(117,803
)
    
(46,366
)
Balance as of December 31
    
373,602
      
171,864
      
73,412
      
21,100
      
3,642,091
      
867,213
      
17,953
      
5,167,235
      
4,708,305
      
4,293,864
  
                                                                                 
Accumulated amortization -
                                                                                
Balance at January 1
    
291,191
      
53,540
      
21,945
      
21,100
      
2,398,770
      
–
      
8,538
      
2,795,084
      
2,475,466
      
2,138,724
  
Amortization of the period
    
15,180
      
6,948
      
3,839
      
–
      
373,698
      
–
      
4,061
      
403,726
      
381,794
      
355,818
  
Disposals and others
    
(3,858
)
    
–
      
(12,960
)
    
–
      
(134,783
)
    
–
      
(7,190
)
    
(158,791
)
    
(62,176
)
    
(19,076
)
Balance as of December 31
    
302,513
      
60,488
      
12,824
      
21,100
      
2,637,685
      
–
      
5,409
      
3,040,019
      
2,795,084
      
2,475,466
  
                                                                                 
Net carrying amount
    
71,089
      
111,376
      
60,588
      
–
      
1,004,406
      
867,213
      
12,544
      
2,127,216
      
1,913,221
      
1,818,398
  
Client Relationships Intangible Assets
This item consists of the following:

   
2022
    
2021
  
    S/(000)

  S/(000)

                 
Prima AFP - AFP Unión Vida
    
45,262
      
57,613
  
Credicorp Capital Holding Chile - Inversiones IMT
    
15,564
      
17,679
  
Ultraserfinco S.A
    
6,971
      
10,148
  
Tenpo
    
1,483
      
1,930
  
Culqi
    
1,809
      
1,852
  
Net carrying amount
    
71,089
      
89,222
  
Brand Intangible Assets
This item consists of the following:

   
2022
    
2021
  
    S/(000)

  S/(000)

                 
MiBanco
    
111,009
      
117,670
  
Culqi
    
367
      
654
  
Net carrying amount
    
111,376
      
118,324
  
Fund Manager Contract Intangible Assets
This item consists of the following:

   
2022
    
2021
  
    S/(000)

  S/(000)

                 
Credicorp Capital Colombia
    
27,620
      
36,724
  
Credicorp Capital Holding Chile - Inversiones IMT
    
30,495
      
33,717
  
Ultraserfinco S.A.
    
2,473
      
2,992
  
Net carrying amount
    
60,588
      
73,433
  
Reconciliation of Changes in Goodwill
Goodwill acquired through business combinations has been allocated to each subsidiary or groups of them, which are also identified as a CGU for the purposes of impairment testing, as follows:

   
2022
    
2021
  
    S/(000)

  S/(000)

MiBanco - Edyficar Perú
    
273,694
      
273,694
  
Prima AFP - AFP Unión Vida     124,641       124,641  
MiBanco Colombia
    
99,979
      
124,746
  
Credicorp Capital Colombia
    
92,188
      
114,714
  
Banco de Crédito del Perú
    
52,359
      
52,359
  
Pacífico Seguros
    
36,354
      
36,354
  
Atlantic Security Holding Corporation
    
29,795
      
29,795
  
Wally POS S.A
     24,214       –  
Tenpo SpA
    
23,441
      
24,444
  
Tenpo Prepago S.A.
    
13,155
      
13,719
  
Compañía Incubadora de Soluciones Móviles S.A-Culqi
    
2,297
      
2,297
  
Crediseguro Seguros Personales
    
96
      
96
  
Net carrying amount
    
772,213
      
796,859
  
Key Assumptions Used for Calculation of Fair Value Less Selling Costs
The following table summarizes the key assumptions used for the calculation of fair value less selling costs in 2022 and 2021:

   
2022
  
Description
  
Terminal
value growth
rate
    
Discount rate
  
   
%
    
%
  
Mibanco - Edyficar Perú
    
5.60
      
14.30
  
Prima AFP - AFP Unión Vida
    
1.60
      
16.10
  
Mibanco Colombia
     6.00       16.80  
Credicorp Capital Colombia
    
4.80
      
17.90
  
Banco de Crédito del Perú
    
4.60
      
12.80
  
Pacífico Seguros (*)
    
4.60
    
13.0 and 14.3
  
Atlantic Security Holding Corporation
    
2.30
      
15.20
  
Tenpo (**)
    
–
      
25.00
  
Compañía Incubadora de Soluciones Móviles S.A. - Culqi
    
–
      
25.00
  

   
2021
  
Description
  
Terminal
value growth
rate
    
Discount rate
  
   
%
    
%
  
Mibanco - Edyficar Perú
    
3.00
      
11.78
  
Prima AFP - AFP Unión Vida
    
1.00
      
12.62
  
MiBanco - Colombia
     4.00       13.05  
Credicorp Capital Colombia
    
3.80
      
12.90
  
Banco de Crédito del Perú
    
5.00
      
10.76
  
Pacífico Seguros (*)
    
5.00
    
10.29 and 11.07
  
Atlantic Security Holding Corporation
    
2.00
      
11.00
  
 Tenpo (**)     2.00
      25.00
 
 Compañía Incubadora de Soluciones Móviles S.A - Culqi     2.00
      25.00
 

(*)  As of December 31, 2022, and 2021, it comprises to the discount rates used to determine the recoverable value of the cash flows that correspond to the general and life insurance business lines.

(**)  As of December 31,2022, and 2021, it comprises to the discount rates corresponds to the discount rates used to determine the recoverable value of the flows that correspond to the business lines of Tenpo SpA and Tenpo Technologie SpA.