XML 102 R74.htm IDEA: XBRL DOCUMENT v3.24.1.u1
CASH AND DUE FROM BANKS, Composition of the funds (Details)
S/ in Thousands, $ in Millions
12 Months Ended
Dec. 31, 2023
PEN (S/)
Deposit
Overnight deposits
Dec. 31, 2022
PEN (S/)
Overnight deposits
Deposit
Dec. 31, 2023
USD ($)
Dec. 31, 2022
USD ($)
Legal cash requirements [Abstract]        
Deposits with Central Reserve Bank of Peru [1] S/ 21,182,492,000 S/ 21,103,687,000    
Deposits with Central Reserve Bank of Bolivia [1] 1,352,378,000 628,399,000    
Deposits with Republic Bank of Colombia [1] 45,091,000 6,285,000    
Cash in vaults of Bank [1] 4,490,602,000 4,714,275,000    
Total legal cash requirements [1] 27,070,563,000 26,452,646,000    
Additional funds [Abstract]        
Overnight deposits with Central Reserve Bank of Peru [2] 1,546,478,000 2,013,703,000    
Term deposits with Central Reserve Bank of Peru [3] 0 545,000,000    
Cash in vaults of Bank and others 736,844,000 696,019,000    
Other Deposits BCRP 944,807,000 498,333,000    
Total additional funds 3,228,129,000 3,753,055,000    
Total S/ 30,298,692,000 S/ 30,205,701,000    
Information related to legal cash requirements and additional funds [Abstract]        
Implicit interest rate, domestic 6.01% 6.01% 6.01% 6.01%
Implicit interest rate, foreign 34.87% 34.55% 34.87% 34.55%
Additional reserve funds S/ 556,400   $ 150.0  
Number of overnight deposits | Overnight deposits 4 3    
Overnight deposits equivalents to Sol currency S/ 1,160,000 S/ 35,000    
Overnight deposits S/ 386,500 S/ 1,978,700 $ 104.2 $ 518.8
Interest rate on overnight deposits 4.00% 5.25% 4.00% 5.25%
Maturity period of overnight deposits 5 days 4 days    
Number of term deposits | Deposit 0 4    
Cash deposits with local and Foreign Banks S/ 0 S/ 0    
Minimum [Member]        
Information related to legal cash requirements and additional funds [Abstract]        
Interest rate on term deposits held with Central Reserve Bank of Peru   7.30%    
Maturity of term deposits   Jan. 03, 2023    
Maximum [Member]        
Information related to legal cash requirements and additional funds [Abstract]        
Interest rate on term deposits held with Central Reserve Bank of Peru   7.49%    
Maturity of term deposits   Jan. 03, 2023    
The Soles [Member]        
Information related to legal cash requirements and additional funds [Abstract]        
Number of overnight deposits | Overnight deposits 1 1    
US Dollars [Member]        
Information related to legal cash requirements and additional funds [Abstract]        
Number of overnight deposits | Overnight deposits 2 2    
Interest rate on overnight deposits 5.34% 4.39% 5.34% 4.39%
[1] As of December 31, 2023 cash and deposits that generate interest subject to legal cash requirements in local and foreign currency are subject to an implicit rate of 6.01 percent and 34.87 percent, respectively, on the total balance of obligations subject to legal cash requirements, as required by the BCRP; as of December 31, 2022, 6.01 percent and 34.55 percent, respectively.
[2] As of December 31, 2023, the Group maintains four “overnight” deposits with the BCRP, of which one is denominated in soles in amount of S/1,160.0 million and two are denominated in U.S. Dollar in amount of US$104.2 million, equivalent to S/386.5 million. At said date, the deposit in soles and deposits in U.S. Dollar accrue interest at annual rates of 4.00 percent and 5.34 percent, respectively, and have maturities at 5 days.
[3] As of December 31, 2023, the Group no maintains term deposits with the BCRP. As of December 31, 2022, the group held four term deposits denominated in soles, accruing interest at an annual rate between 7.30 percent and 7.49 percent and expired on January 3, 2023.