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OTHER ASSETS AND OTHER LIABILITIES (Tables) | 12 Months Ended
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Dec. 31, 2017
Disclosure of Other Assets And Other Liabilities [Abstract] |
Disclosure of detailed information about other assets and liabilities explanatory [text block] | This item consists of the following:
|  | 2017 |  | 2016 |
|  | S/(000) |  | S/(000) |
Other assets - |  |  |  |  |  |  |
Financial instruments: |  |  |  |  |  |  |
Receivables |  |  | 1,676,583 |  |  | 1,240,632 |
Derivatives receivable (b) |  |  | 701,826 |  |  | 942,602 |
Operations in process (c) |  |  | 82,542 |  |  | 45,450 |
|  |  | 2,460,951 |  |  | 2,228,684 |
Non-financial instruments: |  |  |  |  |  |  |
Deferred income tax asset, Note 18(c) |  |  | 480,057 |  |  | 506,044 |
Investment in associates (e) |  |  | 708,873 |  |  | 699,724 |
Investment properties, net (f) |  |  | 458,855 |  |  | 504,927 |
Deferred fees |  |  | 431,598 |  |  | 504,445 |
Income tax prepayments, net |  |  | 301,863 |  |  | 357,149 |
Seized assets, net |  |  | 95,012 |  |  | 73,466 |
VAT (IGV) tax credit |  |  | 50,138 |  |  | 41,140 |
Others |  |  | 12,651 |  |  | 13,334 |
|  |  | 2,539,047 |  |  | 2,700,229 |
Total |  |  | 4,999,998 |  |  | 4,928,913 |
Other liabilities - |  |  |  |  |  |  |
Financial instruments: |  |  |  |  |  |  |
Accounts payable |  |  | 1,875,153 |  |  | 1,512,804 |
Derivatives payable (b) |  |  | 636,762 |  |  | 673,015 |
Salaries and other personnel expenses |  |  | 644,234 |  |  | 681,853 |
Allowance for indirect loan losses, Note 7(d) |  |  | 442,510 |  |  | 209,559 |
Operations in process (c) |  |  | 274,354 |  |  | 136,764 |
|  |  | 3,873,013 |  |  | 3,213,995 |
Non-financial instruments: |  |  |  |  |  |  |
Taxes |  |  | 480,781 |  |  | 286,504 |
Deferred income tax, Note 18(c) |  |  | 150,280 |  |  | 172,641 |
Provision for sundry risks (d) |  |  | 275,841 |  |  | 296,339 |
Others |  |  | 234,197 |  |  | 150,587 |
|  |  | 1,141,099 |  |  | 906,071 |
Total |  |  | 5,014,112 |  |  | 4,120,066 |
Disclosure of detailed information about derivative’s underlying asset and is the basis upon which changes in the value of derivatives [text block] | The nominal amount, recorded gross, is the amount of a derivative’s underlying asset and is the basis upon which changes in the value of derivatives are measured.
|  |  |  | 2017 |  | 2016 |  | 2017 y 2016
|  | Note |  | Assets |  | Liabilities |  | Notional amount |  | Maturity |  | Assets |  | Liabilities |  | Notional amount |  | Maturity |  | Related instruments
|  |  |  | S/(000) |  | S/(000) |  | S/(000) |  |  |  | S/(000) |  | S/(000) |  | S/(000) |  |  |  |
Derivatives held for trading(i) - |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Forward foreign exchange contracts |  |  |  |  | 62,353 |  |  | 56,869 |  |  | 10,846,203 |  | Between January 2018 and June 2020 |  |  | 73,722 |  |  | 55,437 |  |  | 9,313,965 |  | Between January 2017 and June 2020 |  | –
Interest rate swaps |  |  |  |  | 101,765 |  |  | 94,238 |  |  | 33,057,283 |  | Between January 2018 and December 2031 |  |  | 87,872 |  |  | 55,927 |  |  | 25,900,896 |  | Between January 2017 and December 2031 |  | –
Currency swaps |  |  |  |  | 332,376 |  |  | 349,779 |  |  | 8,528,764 |  | Between January 2018 and December 2027 |  |  | 428,928 |  |  | 490,475 |  |  | 7,518,170 |  | Between January 2017 and December 2026 |  | –
Foreign exchange options |  |  |  |  | 2,692 |  |  | 980 |  |  | 410,982 |  | Between January 2018 and November 2018 |  |  | 21,490 |  |  | 17,202 |  |  | 2,747,601 |  | Between January 2017 and December 2017 |  | –
|  |  |  |  | 499,186 |  |  | 501,866 |  |  | 52,843,232 |  |  |  |  | 612,012 |  |  | 619,041 |  |  | 45,480,632 |  |  |  |
Derivatives held as hedges |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Cash flow hedges (ii) - |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Interest rate swaps (IRS) |  | 14(b)(i) |  |  | 2,491 |  |  | – |  |  | 486,150 |  | August 2019 |  |  | – |  |  | – |  |  | – |  | – |  | Debt to banks
Interest rate swaps (IRS) |  | 14(b)(ii) |  |  | 1,864 |  |  | – |  |  | 486,150 |  | Between September 2018 and November 2019 |  |  | 1,384 |  |  | – |  |  | 318,820 |  | Between April 2017 and September 2018 |  | Debt to banks
Interest rate swaps (IRS) |  | 14(b)(iv) |  |  | 112 |  |  | – |  |  | 324,100 |  | January 2018 |  |  | – |  |  | 218 |  |  | 335,600 |  | January 2018 |  | Debt to banks
Interest rate swaps (IRS) |  | 14(b)(v) |  |  | 658 |  |  | – |  |  | 324,100 |  | March 2018 |  |  | 1,614 |  |  | – |  |  | 335,600 |  | March 2018 |  | Debt to banks
Interest rate swaps (IRS) |  | 16(a)(iii) |  |  | – |  |  | – |  |  | – |  | – |  |  | – |  |  | 2,736 |  |  | 179,231 |  | October 2017 |  | Notes issued
Interest rate swaps (IRS) |  | 5(c)(i) |  |  | 4,626 |  |  | – |  |  | 486,150 |  | Between March 2019 and December 2019 |  |  | 3,140 |  |  | 294 |  |  | 503,400 |  | Between March 2019 and December 2019 |  | Repurchase agreements
Cross currency swaps (CCS) |  | 16(a)(xi) |  |  | – |  |  | 97,440 |  |  | 972,300 |  | October 2019 |  |  | – |  |  | 25,387 |  |  | 1,006,800 |  | October 2019 |  | Bonds issued
Cross currency swaps (CCS) |  | 5(c)(iii) |  |  | 18,889 |  |  | – |  |  | 226,870 |  | August 2020 |  |  | 35,158 |  |  | – |  |  | 234,920 |  | August 2020 |  | Repurchase agreements
Cross currency swaps (CCS) |  | 5(c)(iv) |  |  | – |  |  | 26,240 |  |  | 145,845 |  | August 2026 |  |  | – |  |  | 6,871 |  |  | 151,020 |  | August 2026 |  | Repurchase agreements
Cross currency swaps (CCS) |  | 5(c)(v) |  |  | – |  |  | 9,053 |  |  | 81,025 |  | August 2026 |  |  | 1,154 |  |  | – |  |  | 83,900 |  | August 2026 |  | Repurchase agreements
Cross currency swaps (CCS) |  | 6(a)(iv) |  |  | 24,263 |  |  | 1,386 |  |  | 228,756 |  | Between January 2018 and September 2024 |  |  | 16,537 |  |  | 9,483 |  |  | 236,335 |  | Between January 2017 and September 2024 |  | Available-for-sale investments
Cross currency swaps (CCS) |  | 6(a)(iv) |  |  | – |  |  | 151 |  |  | 55,097 |  | March 2019 |  |  | 1,289 |  |  | 7,588 |  |  | 167,800 |  | Between January 2017 and March 2019 |  | Available-for-sale investments
Cross currency swaps (CCS) |  | 14(b)(iii) |  |  | 73 |  |  | 79 |  |  | 324,100 |  | January 2020 |  |  | – |  |  | – |  |  | – |  | – |  | Debt to banks
Cross currency swaps and interest rate swaps (CCS and IRS) |  | 5(c)(ii) |  |  | 32,719 |  |  | – |  |  | 259,280 |  | August 2020 |  |  | 54,103 |  |  | – |  |  | 268,480 |  | August 2020 |  | Repurchase agreements
Fair value hedges - |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Interest rate swaps (IRS) |  | 16(a) |  |  | 110,808 |  |  | – |  |  | 7,915,886 |  | Between September 2020 and April 2023 |  |  | 212,162 |  |  | – |  |  | 8,196,765 |  | Between September 2020 and April 2023 |  | Bonds issued
Interest rate swaps (IRS) |  | 6(a)(iv) |  |  | 6,137 |  |  | 547 |  |  | 659,524 |  | Between April 2018 and October 2023 |  |  | 4,049 |  |  | 1,397 |  |  | 760,315 |  | Between January 2017 and October 2023 |  | Available-for-sale investments
|  |  |  |  | 202,640 |  |  | 134,896 |  |  | 12,975,333 |  |  |  |  | 330,590 |  |  | 53,974 |  |  | 12,778,986 |  |  |  |
|  |  |  |  | 701,826 |  |  | 636,762 |  |  | 65,818,565 |  |  |  |  | 942,602 |  |  | 673,015 |  |  | 58,259,618 |  |  |  |
Disclosure of detailed information about maturity analysis for derivative financial instruments [text block] | Fair value of derivatives held for trading classified by contractual maturity is as follows:
|  | At December 31, 2017 |  | At December 31, 2016 |
|  | Up to 3 months |  | From 3 months to 1 year |  | From 1 to 3 years |  | From 3 to 5 years |  | Over 5 years |  | Total |  | Up to 3 months |  | From 3 months to 1 year |  | From 1 to 3 years |  | From 3 to 5 years |  | Over 5 years |  | Total |
|  | S/(000) |  | S/(000) |  | S/(000) |  | S/(000) |  | S/(000) |  | S/(000) |  | S/(000) |  | S/(000) |  | S/(000) |  | S/(000) |  | S/(000) |  | S/(000) |
Forward foreign exchange contracts |  |  | 41,995 |  |  | 19,238 |  |  | 1,120 |  |  | – |  |  | – |  |  | 62,353 |  |  | 58,168 |  |  | 12,737 |  |  | 2,040 |  |  | 777 |  |  | – |  |  | 73,722 |
Interest rate swaps |  |  | 5,487 |  |  | 16,971 |  |  | 22,705 |  |  | 18,464 |  |  | 38,138 |  |  | 101,765 |  |  | 6,763 |  |  | 9,480 |  |  | 18,550 |  |  | 9,591 |  |  | 43,488 |  |  | 87,872 |
Currency swaps |  |  | 12,190 |  |  | 7,803 |  |  | 142,370 |  |  | 58,391 |  |  | 111,622 |  |  | 332,376 |  |  | 751 |  |  | 20,029 |  |  | 87,300 |  |  | 212,990 |  |  | 107,858 |  |  | 428,928 |
Foreign exchange options |  |  | 2,468 |  |  | 224 |  |  | – |  |  | – |  |  | – |  |  | 2,692 |  |  | 9,827 |  |  | 11,663 |  |  | – |  |  | – |  |  | – |  |  | 21,490 |
Total assets |  |  | 62,140 |  |  | 44,236 |  |  | 166,195 |  |  | 76,855 |  |  | 149,760 |  |  | 499,186 |  |  | 75,509 |  |  | 53,909 |  |  | 107,890 |  |  | 223,358 |  |  | 151,346 |  |  | 612,012 |
|  | At December 31, 2017 |  | At December 31, 2016 |
|  | Up to 3 months |  | From 3 months to 1 year |  | From 1 to 3 years |  | From 3 to 5 years |  | Over 5 years |  | Total |  | Up to 3 months |  | From 3 months to 1 year |  | From 1 to 3 years |  | From 3 to 5 years |  | Over 5 years |  | Total |
Forward foreign exchange contracts |  |  | 39,888 |  |  | 16,603 |  |  | 378 |  |  | – |  |  | – |  |  | 56,869 |  |  | 46,721 |  |  | 8,661 |  |  | 43 |  |  | 12 |  |  | – |  |  | 55,437 |
Interest rate swaps |  |  | 6,841 |  |  | 14,196 |  |  | 24,537 |  |  | 17,018 |  |  | 31,646 |  |  | 94,238 |  |  | 4,226 |  |  | 8,236 |  |  | 17,749 |  |  | 4,300 |  |  | 21,416 |  |  | 55,927 |
Currency swaps |  |  | 22,457 |  |  | 27,855 |  |  | 171,412 |  |  | 17,056 |  |  | 110,999 |  |  | 349,779 |  |  | 64,023 |  |  | 37,626 |  |  | 133,530 |  |  | 178,979 |  |  | 76,317 |  |  | 490,475 |
Foreign exchange options |  |  | 547 |  |  | 433 |  |  | – |  |  | – |  |  | – |  |  | 980 |  |  | 4,564 |  |  | 12,638 |  |  | – |  |  | – |  |  | – |  |  | 17,202 |
Total liabilities |  |  | 69,733 |  |  | 59,087 |  |  | 196,327 |  |  | 34,074 |  |  | 142,645 |  |  | 501,866 |  |  | 119,534 |  |  | 67,161 |  |  | 151,322 |  |  | 183,291 |  |  | 97,733 |  |  | 619,041 |
Disclosure of detailed information about hedging instruments [text block] | A schedule indicating the periods when the current cash flow hedges are expected to occur and affect the consolidated statement of income, net of deferred income tax is presented below:
|  | At December 31, 2017 |
|  | Up to 1 year |  | From 1 to 3 years |  | From 3 to 5 years |  | Over 5 years |  | Total |
|  | S/(000) |  | S/(000) |  | S/(000) |  | S/(000) |  | S/(000) |
Cash inflows (assets) |  |  | 962,966 |  |  | 3,432,756 |  |  | 100,247 |  |  | 283,896 |  |  | 4,779,865 |
Cash outflows (liabilities) |  |  | (1,016,748) |  |  | (3,434,333) |  |  | (110,355) |  |  | (265,716) |  |  | (4,827,152) |
Consolidated statement of income |  |  | (1,043) |  |  | (26,534) |  |  | 1,749 |  |  | (7,348) |  |  | (33,176) |
|  | At December 31, 2016 |
|  | Up to 1 year |  | From 1 to 3 years |  | From 3 to 5 years |  | Over 5 years |  | Total |
|  | S/(000) |  | S/(000) |  | S/(000) |  | S/(000) |  | S/(000) |
Cash inflows (assets) |  |  | 524,775 |  |  | 2,549,873 |  |  | 836,116 |  |  | 294,889 |  |  | 4,205,653 |
Cash outflows (liabilities) |  |  | (578,526) |  |  | (2,575,723) |  |  | (732,108) |  |  | (255,205) |  |  | (4,141,562) |
Consolidated statement of income |  |  | (1,437) |  |  | 4,863 |  |  | 6,704 |  |  | 1,383 |  |  | 11,513 |
Disclosure of other provisions [text block] | The movement of the provision for sundry risks for the years ended December 31, 2017, 2016 and 2015 was as follows:
|  | 2017 |  | 2016 |  | 2015 |
|  | S/(000) |  | S/(000) |  | S/(000) |
Balance at the beginning of the year |  |  | 296,339 |  |  | 196,261 |  |  | 158,013 |
Provision, Note 27 |  |  | 29,023 |  |  | 28,093 |  |  | 38,248 |
Increase (decrease), net |  |  | (49,521) |  |  | 71,985 |  |  | – |
Balances |  |  | 275,841 |  |  | 296,339 |  |  | 196,261 |
Disclosure of detailed information about investment property [text block] | The movement of cost and accumulated depreciation of investment properties is as follows:
|  | 2017 |  | 2016 |
|  | Own assets |  |  |  |  |  |  |
|  | Land |  | Building |  | Total |  | Total |
|  | S/(000) |  | S/(000) |  | S/(000) |  | S/(000) |
Cost |  |  |  |  |  |  |  |  |  |  |  |  |
Balance at January 1 |  |  | 289,432 |  |  | 261,174 |  |  | 550,606 |  |  | 462,440 |
Additions (i) |  |  | 4,637 |  |  | 4,580 |  |  | 9,217 |  |  | 88,186 |
Transfers (ii) |  |  | – |  |  | 66,856 |  |  | 66,856 |  |  | – |
Sales (iii) |  |  | (47,987) |  |  | (41,910) |  |  | (89,897) |  |  | – |
Disposals and others |  |  | (27,419) |  |  | (10,738) |  |  | (38,157) |  |  | (20) |
Balance at December 31 |  |  | 218,663 |  |  | 279,962 |  |  | 498,625 |  |  | 550,606 |
Accumulated depreciation |  |  |  |  |  |  |  |  |  |  |  |  |
Balance at January 1 |  |  | – |  |  | 45,679 |  |  | 45,679 |  |  | 41,307 |
Depreciation for the year |  |  | – |  |  | 6,440 |  |  | 6,440 |  |  | 4,369 |
Sales (iii) |  |  | – |  |  | (6,277) |  |  | (6,277) |  |  | – |
Disposals and others |  |  | – |  |  | (6,072) |  |  | (6,072) |  |  | 3 |
Balance at December 31 |  |  | – |  |  | 39,770 |  |  | 39,770 |  |  | 45,679 |
Net carrying amount |  |  | 218,663 |  |  | 240,192 |  |  | 458,855 |  |  | 504,927 |
| (i) | During the period 2016, subsidiary Pacífico Seguros carried out constructions and acquired a plot of land located at Nicolas Dueñas Avenue 475, Cercado de Lima for an amount of approximately S/21.9 million and another located in Ex-Fundo Marquez, in the vicinity of KM 14.6 of Coronel Nestor Gambeta Avenue, Callao for an amount of approximately S/60.9 million.
| (ii) | In order to consolidate the real estate projects, mainly of offices, during the year 2017, Pacífico Seguros liquidated the trust of the “Panorama” building located at Av. Juan de Arona N° 830 for a total amount of S/66.9 million.
| (iii) | The balance of sales for the year 2017 mainly comprises the transfer by Pacífico Seguros of the building located at Av. Guardia Civil 337 – Urb. Corpac, San Borja, which was sold for S/95.7 million. The total net cost of the building amounting to S/68.5 million comprises S/34.5 million in land and S/34.0 million in building (cost of S/38.5 million and depreciation of S/4.5 million).

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