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CASH COLLATERAL, REVERSE REPURCHASE AGREEMENTS AND SECURITIES BORROWING AND PAYABLES FROM REPURCHASE AGREEMENTS AND SECURITIES LENDING, Repurchase Agreements (Details)
S/ in Thousands, $ in Millions
12 Months Ended
Dec. 31, 2023
PEN (S/)
Dec. 31, 2022
PEN (S/)
Jul. 31, 2023
USD ($)
Dec. 31, 2022
USD ($)
Repurchase agreement [Abstract]        
Nominal amount S/ 65,749,481 S/ 63,818,334    
Minimum [Member]        
Repurchase agreement [Abstract]        
Borrowings, maturity January 2024 January 2023    
Maximum [Member]        
Repurchase agreement [Abstract]        
Borrowings, maturity April 2035 December 2031    
SOFR 7.42% [Member]        
Repurchase agreement [Abstract]        
Debt instrument term of basis spread on variable rate 7.42%      
Accrued interest fixed and variable rates 0.50%      
SOFR 7.63% [Member]        
Repurchase agreement [Abstract]        
Debt instrument term of basis spread on variable rate 7.63%      
Accrued interest fixed and variable rates 13.00%      
Libor 6M + 1.68% [Member]        
Repurchase agreement [Abstract]        
Term of fixed and variable rates   6 months    
Debt instrument term of basis spread on variable rate   1.68%    
Accrued interest fixed and variable rates   0.50%    
Libor 6M + 1.90% [Member]        
Repurchase agreement [Abstract]        
Term of fixed and variable rates   6 months    
Debt instrument term of basis spread on variable rate   1.90%    
Accrued interest fixed and variable rates   12.84%    
Cross Currency Swaps [Member] | Cash Flow Hedges [Member]        
Repurchase agreement [Abstract]        
Nominal amount   S/ 171,600 $ 45 $ 45
Cross Currency Swap Contract One [Member] | Cash Flow Hedges [Member]        
Repurchase agreement [Abstract]        
Nominal amount   95,300 $ 25 $ 25
Debt Instruments [Member]        
Repurchase agreement [Abstract]        
Financial liabilities S/ 8,606,141 S/ 12,332,689    
BCRP [Member] | Debt Instruments [Member]        
Repurchase agreement [Abstract]        
Description of presentation currency Sol      
Borrowings, maturity January 2024 / September 2025 January 2023 / September 2025    
Financial liabilities S/ 5,436,564 S/ 3,263,472    
BCRP Reactiva Peru [Member] | Debt Instruments [Member]        
Repurchase agreement [Abstract]        
Description of presentation currency [1] Sol      
Borrowings, maturity [1] May 2024 / December 2025 May 2023 / December 2025    
Financial liabilities [1] S/ 1,779,934 S/ 6,981,698    
Banco Central de Bolivia [Member] | Debt Instruments [Member]        
Repurchase agreement [Abstract]        
Description of presentation currency Boliviano      
Borrowings, maturity December 2024 / March 2025 January 2023 / December 2023    
Financial liabilities S/ 590,715 S/ 424,822    
Natixis SA one [Member] | Debt Instruments [Member]        
Repurchase agreement [Abstract]        
Description of presentation currency Sol      
Borrowings, maturity August 2028 August 2028    
Financial liabilities S/ 270,000 S/ 270,000    
Citigroup Global Markets Limited [Member] | Debt Instruments [Member]        
Repurchase agreement [Abstract]        
Description of presentation currency [2] U.S. Dollar      
Borrowings, maturity [2] August 2026 August 2026    
Financial liabilities [2] S/ 166,905 S/ 171,630    
BCRP Reactiva Peru Especial [Member] | Debt Instruments [Member]        
Repurchase agreement [Abstract]        
Description of presentation currency [1] Sol      
Borrowings, maturity [1] June 2024 / December 2025 June 2023 / December 2025    
Financial liabilities [1] S/ 133,309 S/ 793,734    
Natixis S.A Two [Member] | Debt Instruments [Member]        
Repurchase agreement [Abstract]        
Description of presentation currency [3] U.S. Dollar      
Borrowings, maturity [3] August 2026 August 2026    
Financial liabilities [3] S/ 92,725 S/ 95,350    
Banco de la Repblica de Colombia [Member] | Debt Instruments [Member]        
Repurchase agreement [Abstract]        
Description of presentation currency Colombian peso      
Borrowings, maturity January 2024 January 2023    
Financial liabilities S/ 9,569 S/ 58,955    
Bcrp nota [Member] | Debt Instruments [Member]        
Repurchase agreement [Abstract]        
Description of presentation currency [2] Sol      
Borrowings, maturity [2]   March 2023    
Financial liabilities [2] S/ 0 S/ 185,000    
Other Minors [Member] | Debt Instruments [Member]        
Repurchase agreement [Abstract]        
Borrowings, maturity   January 2023    
Financial liabilities 0 S/ 5,099    
Accrued Interest [Member] | Debt Instruments [Member]        
Repurchase agreement [Abstract]        
Financial liabilities S/ 126,420 82,929    
Repurchase Agreements [Member]        
Repurchase agreement [Abstract]        
Fixed interest annual rate 0.50%      
Agreement grace period 12 months      
Maximum borrowings capacity S/ 2,877,200 S/ 8,877,200    
[1] Throug Repo Operations, BCP and MiBanco sell representing credit securities guaranteed by the BCRP, they receive soles and are obliged to buy them back at a later date. The credit representing securities with guarantee of the National Government may have the form of a portfolio of credit representing titles or of Certificates of Participation in trustee of the loan portfolio guaranteed by the National Government (Reactiva Especial). The BCRP will charge a fixed interest annual rate in soles of 0.50 percent for the operation and will include a grace period of twelve months without payment of interest or principal. As of December 31, 2023, the total credits granted through the Reactiva Peru program are S/2,877.2 million (S/8,877.2 million, as of December 31, 2022), see Note 7(a).
[2] Cross currency swaps (CCS) which was designated as cash flow hedge of certain repurchase agreements in U.S. dollars at a variable rate for a nominal amount of US$45 million (US$45 million, equivalent to S/171.6 million, as of December 31, 2022). Through the cross currency swap (CCS), these repurchase agreements were economically converted into Soles at a fixed rate, see Note 12(c).
[3] Cross currency swap (CCS) which was designated as cash flow hedge of certain repurchase agreements in U.S. dollars at a variable rate for a nominal amount of US$25 million (US$25 million, equivalent to S/95.3 million, as of December 31, 2022). Through the cross currency swap (CCS), these repurchase agreements were economically converted into Soles at a fixed rate, see Note 12(c).