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INTANGIBLE ASSETS AND GOODWILL, NET (Tables)
 12 Months Ended
Dec. 31, 2023
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, 2023, 2022 and 2021 is as follows:

Description
  
Client
relationships
(i)
    
Brand
name (ii)
    
Fund
manager
contract (iii)
    
Relationships
with holders
    
Software and
developments
    
Intangible
in
progress
    
Other
    
2023
    
2022
    
2021
  
    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
    
373,602
      
171,864
      
73,412
      
21,100
      
3,642,091
      
867,213
      
17,953
      
5,167,235
      
4,708,305
      
4,293,864
  
Additions
    
–
      
–
      
–
      
–
      
244,879
      
577,462
      
6,462
      
828,803
      
703,670
      
532,244
  
Acquisition of business
    
2,507
      
3,457
      
–
      
–
      
10,678
      
–
      
–
      
16,642
      
7,533
      
–
  
Transfers
    
–
      
–
      
–
      
–
      
436,050
      
(436,050
)
    
–
      
–
      
–
      
–
  
Disposals and others
    
(204
)
    
–
      
4,303
   
–
      
(54,676
)
    
(107,063
)
    
6,339
   
(151,301
)
    
(252,273
)
    
(117,803
)
Balance as of December 31
    
375,905
      
175,321
      
77,715
      
21,100
      
4,279,022
      
901,562
      
30,754
      
5,861,379
      
5,167,235
      
4,708,305
  
                                                                                 
Accumulated amortization -
                                                                                
Balance at January 1
    
302,513
      
60,488
      
12,824
      
21,100
      
2,637,685
      
–
      
5,409
      
3,040,019
      
2,795,084
      
2,475,466
  
Amortization of the period
    
15,025
      
5,827
      
3,573
      
–
      
407,583
      
–
      
4,576
      
436,584
      
403,726
      
381,794
  
Disposals and others
    
(307
)
    
–
      
(24
)
    
–
      
(42,326
)
    
–
      
416
   
(42,241
)
    
(158,791
)
    
(62,176
)
Balance as of December 31
    
317,231
      
66,315
      
16,373
      
21,100
      
3,002,942
      
–
      
10,401
      
3,434,362
      
3,040,019
      
2,795,084
  
                                                                                 
Net carrying amount
    
58,674
      
109,006
      
61,342
      
–
      
1,276,080
      
901,562
      
20,353
      
2,427,017
      
2,127,216
      
1,913,221
  
Client Relationships Intangible Assets
This item consists of the following:

   
2023
    
2022
  
    S/(000)

  S/(000)

                 
Prima AFP - AFP Unión Vida
    
37,701
      
45,262
  
Credicorp Capital Holding Chile - Inversiones IMT
    
13,410
      
15,564
  
Joinnus S.A.C.     2,507       –  
Ultraserfinco S.A.
    
2,000
      
6,971
  
Compañía Incubadora de Soluciones Móviles S.A-Culqi     1,792       1,809  
Tenpo SpA
    
1,264
      
1,483
  
Net carrying amount
    
58,674
      
71,089
  
Brand Intangible Assets
This item consists of the following:

   
2023
    
2022
  
    S/(000)

  S/(000)

                 
MiBanco
    
105,244
      
111,009
  
Joinnus S.A.C.     3,457       –  
Compañía Incubadora de Soluciones Móviles S.A-Culqi
    
305
      
367
  
Net carrying amount
    
109,006
      
111,376
  
Fund Manager Contract Intangible Assets
This item consists of the following:

   
2023
    
2022
  
    S/(000)

  S/(000)

                 
Credicorp Capital Holding Chile - Inversiones IMT
    
29,553
      
30,495
  
Credicorp Capital Colombia
    
29,229
      
27,620
  
Ultrasefinco S.A.
    
2,560
      
2,473
  
Net carrying amount
    
61,342
      
60,588
  
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:

   
2023
    
2022
  
    S/(000)

  S/(000)

MiBanco - Edyficar Perú
    
273,694
      
273,694
  
Prima AFP - AFP Unión Vida     124,641       124,641  
Credicorp Capital Colombia S.A
    
111,799
      
92,188
  
Banco de Crédito del Perú
    
52,359
      
52,359
  
MiBanco Colombia
     49,629       99,979  
Pacífico Seguros
    
36,354
      
36,354
  
Joinnus S.A.C     35,700       –  
Atlantic Security Holding Corporation
    
29,795
      
29,795
  
Tenpo SpA
    
22,697
      
23,441
  
Monokera  S.A.S     22,656       –  
Wally POS S.A.C     21,046       24,214  
Tenpo Technologie SpA
    
11,719
      
13,155
  
Sami Shop S.A.C     4,000       –  
Compañía Incubadora de Soluciones Móviles S.A-Culqi
    
2,297
      
2,297
  
Crediseguro Seguros Personales
    
96
      
96
  
Net carrying amount
    
798,482
      
772,213
  
Key Assumptions Used for Calculation of Fair Value Less Selling Costs
The following table summarizes the key assumptions used for the calculation of the present value in 2023 and 2022:

   
2023
  
Description
  
Terminal
value growth
rate
    
Discount rate
  
   
%
    
%
  
Mibanco - Edyficar Perú
    
5.60
      
13.10
  
Prima AFP - AFP Unión Vida
    
1.60
      
15.50
  
Mibanco Colombia
     6.80       15.10  
Credicorp Capital Colombia S.A
    
4.60
      
14.90
  
Banco de Crédito del Perú
    
4.60
      
12.40
  
Pacífico Seguros (*)
    
4.60
    
11.8 and 13.9
  
Atlantic Security Holding Corporation
    
2.30
      
12.60
  
Tenpo SpA
    
–
      
25.00
  
Compañía Incubadora de Soluciones Móviles S.A- Culqi
    
–
      
25.00
  
Wally POS S.A.C.     –       25.00  
Sami Shop S.A.C.     –       25.00  

   
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 S.A.
    
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 SpA     –
      25.00
 
 Compañía Incubadora de Soluciones Móviles S.A - Culqi     –
      25.00
 

(*)  As of December 31, 2023, and 2022, it corresponds to the discount rates used to determine the recoverable value of the cash flows that correspond to the general and life insurance business lines.