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SIGNIFICANT ACCOUNTING POLICIES (Tables) | 12 Months Ended
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Dec. 31, 2018
Disclosure of detailed information about financial instruments [text block] | The following table presents the measurement categories and the carrying value of the financial instruments under IAS 39 and IFRS 9 as of January 1, 2018:
|  | IAS 39 |  | IFRS 9
Financial assets |  | Category |  | Carrying amount |  |  | Category |  | Carrying amount |
|  |  |  | S/(000) |  |  |  |  | S/(000) |
Cash and due from banks |  | Loans and receivables |  |  | 23,221,987 |  |  | Amortized cost |  |  | 23,221,987 |
Cash collateral, reverse repurchase agreements and securities borrowings |  | Loans and receivables |  |  | 7,480,420 |  |  | Amortized cost |  |  | 7,480,420 |
Investments |  | At fair value through profit or loss |  |  | 4,024,737 |  |  | At fair value through profit or loss |  |  | 5,613,356 |
|  | Available-for-sale |  |  | 24,423,891 |  |  | At fair value through other comprehensive income (Debt instruments) |  |  | 22,181,733 |
|  |  |  |  |  |  |  | At fair value through other comprehensive income (Designated equity instruments) |  |  | 653,539 |
|  | Held-to-maturity |  |  | 4,413,373 |  |  | Amortized cost |  |  | 4,411,637 |
Loans, net |  | Loans and receivables |  |  | 95,977,277 |  |  | Amortized cost |  |  | 95,770,509 |
Financial assets designated at fair value through profit or loss |  | At fair value through profit or loss (Designated upon initial recognition) |  |  | 537,685 |  |  | At fair value through profit or loss (Designated upon initial recognition) |  |  | 537,685 |
Premiums and other policies receivable |  | Loans and receivables |  |  | 656,829 |  |  | Amortized cost |  |  | 649,135 |
Accounts receivable from reinsurers and coinsurers |  | Loans and receivables |  |  | 715,695 |  |  | Amortized cost |  |  | 715,553 |
Due from customers on acceptances |  | Loans and receivables |  |  | 532,034 |  |  | Amortized cost |  |  | 532,034 |
Derivatives receivable |  | At fair value for trading or for hedging purposes |  |  | 701,826 |  |  | At fair value for trading or for hedging purposes |  |  | 701,826 |
Other assets |  | Loans and receivables |  |  | 1,759,125 |  |  | Amortized cost |  |  | 1,759,125 |
|  | Total financial assets |  |  | 164,444,879 |  |  |  |  |  | 164,228,539 |
Financial liabilities |  |  |  |  |  |  |  |  |  |  |  |
Liabilities |  | Amortized cost |  |  | 130,842,331 |  |  | Amortized cost |  |  | 130,956,515 |
Liabilities |  | At fair value |  |  | 8,791,390 |  |  | At fair value |  |  | 8,791,390 |
|  | Total financial liabilities |  |  | 139,633,721 |  |  |  |  |  | 139,747,905 |
Disclosure of financial liabilities at date of initial application of IFRS 9 [text block] | The following table presents the detail of the reconciliation of balances of financial assets under IAS 39 to IFRS 9, distinguishing between the impacts due to category change and impairment remeasurement:
Financial assets |  | IAS 39 |  |  | Change of category |  |  | Impairment remeasurement |  |  | IFRS 9 |
|  | S/(000) |  |  | S/(000) |  |  | S/(000) |  |  | S/(000) |
Cash and due from banks |  |  | 23,221,987 |  |  |  | – |  |  |  | – |  |  |  | 23,221,987 |
Cash collateral, reverse repurchase agreements and securities borrowings |  |  | 7,480,420 |  |  |  | – |  |  |  | – |  |  |  | 7,480,420 |
Investments: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
At fair value through profit or loss : |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Opening balance under IAS 39 |  |  | 4,024,737 |  |  |  |  |  |  |  |  |  |  |  |  |
Addition: From investments available for sale (*) |  |  |  |  |  |  | 1,588,619 |  |  |  |  |  |  |  |  |
Closing balance under IFRS 9 |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 5,613,356 |
At fair value through other comprehensive income (debt): |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Opening balance under IAS 39 |  |  | – |  |  |  |  |  |  |  |  |  |  |  |  |
Addition: From investments available for sale |  |  |  |  |  |  | 22,181,733 |  |  |  |  |  |  |  |  |
Closing balance under IFRS 9 |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 22,181,733 |
At fair value through other comprehensive income (Designated equity instruments) |  |  | – |  |  |  | 653,539 |  |  |  | – |  |  |  | 653,539 |
Available for sale: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Opening balance under IAS 39 |  |  | 24,423,891 |  |  |  |  |  |  |  |  |  |  |  |  |
Subtraction: Reclassification to investments at fair value through profit or loss (*) |  |  |  |  |  |  | (1,588,619 | ) |  |  |  |  |  |  |  |
Subtraction: Reclassification to investments at fair value through other comprehensive income (debt) |  |  |  |  |  |  | (22,181,733 | ) |  |  |  |  |  |  |  |
Subtraction: Reclassification to investments at fair value through other comprehensive income (Designated - equity) |  |  |  |  |  |  | (653,539 | ) |  |  |  |  |  |  |  |
Closing balance under IFRS 9 |  |  |  |  |  |  |  |  |  |  |  |  |  |  | – |
Amortized cost: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Opening balance under IAS 39 |  |  | – |  |  |  |  |  |  |  |  |  |  |  |  |
Addition: From investments held-to-maturity (IAS 39) |  |  |  |  |  |  | 4,413,373 |  |  |  |  |  |  |  |  |
Remeasurement: Expected loss (IFRS 9) |  |  |  |  |  |  |  |  |  |  | (1,736 | ) |  |  |  |
Closing balance under IFRS 9 |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 4,411,637 |
Held-to-maturity: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Opening balance under IAS 39 |  |  | 4,413,373 |  |  |  |  |  |  |  |  |  |  |  |  |
Subtraction: Reclassification to investments at amortized cost |  |  |  |  |  |  | (4,413,373 | ) |  |  |  |  |  |  |  |
Closing balance under IFRS 9 |  |  |  |  |  |  |  |  |  |  |  |  |  |  | – |
Loans, net |  |  | 95,977,277 |  |  |  | – |  |  |  | (206,768 | ) |  |  | 95,770,509 |
Financial assets designated at fair value through profit or loss |  |  | 537,685 |  |  |  | – |  |  |  | – |  |  |  | 537,685 |
Premiums and other policies receivable |  |  | 656,829 |  |  |  | – |  |  |  | (7,694 | ) |  |  | 649,135 |
Accounts receivable from reinsurers and coinsurers |  |  | 715,695 |  |  |  | – |  |  |  | (142 | ) |  |  | 715,553 |
Due from customers on acceptances |  |  | 532,034 |  |  |  | – |  |  |  | – |  |  |  | 532,034 |
Derivative receivables |  |  | 701,826 |  |  |  | – |  |  |  | – |  |  |  | 701,826 |
Other assets |  |  | 1,759,125 |  |  |  | – |  |  |  | – |  |  |  | 1,759,125 |
Total |  |  | 164,444,879 |  |  |  | – |  |  |  | (216,340 | ) |  |  | 164,228,539 |
Reconciliation of provision for impairment [Text Block] |
| - | Reconciliation of the balances of the provision for impairment under IAS 39 and IFRS 9 as of January 1, 2018:
|  | IAS 39 |  |  | Impairment remeasurement |  |  | IFRS 9 |
|  | S/(000) |  |  | S/(000) |  |  | S/(000) |
Financial asset: |  |  |  |  |  |  |  |  |  |  |  |
Investment at amortized cost |  |  | – |  |  |  | 1,736 |  |  |  | 1,736 |
Loans |  |  | 4,500,498 |  |  |  | 206,768 |  |  |  | 4,707,266 |
Premiums and other policies receivable |  |  | 12,255 |  |  |  | 7,694 |  |  |  | 19,949 |
Accounts receivable from reinsurers and coinsurers |  |  | 8,715 |  |  |  | 142 |  |  |  | 8,857 |
Total financial assets |  |  | 4,521,468 |  |  |  | 216,340 |  |  |  | 4,737,808 |
Financial liabilities: |  |  |  |  |  |  |  |  |  |  |  |
Provision for credit losses on indirect loans |  |  | 442,510 |  |  |  | 114,184 |  |  |  | 556,694 |
Total financial liabilities |  |  | 442,510 |  |  |  | 114,184 |  |  |  | 556,694 |
Disclosure of detailed information about basis of consolidation [text Block] | At December 31, 2018 and 2017, the following entities comprise the Group (the individual or consolidated figures of their financial statements are presented in accordance with IFRS and before eliminations for consolidation purposes, except for the elimination of Credicorp’s treasury shares and its related dividends):
Entity |  | Activity and country of incorporation |  | Percentage of interest (direct and indirect) |  |  | Assets |  |  | Liabilities |  |  | Equity |  |  | Net income (loss) |
|  |  |  | 2018 |  |  | 2017 |  |  | 2018 |  |  | 2017 |  |  | 2018 |  |  | 2017 |  |  | 2018 |  |  | 2017 |  |  | 2018 |  |  | 2017 |
|  |  |  | % |  |  | % |  |  | S/(000) |  |  | S/(000) |  |  | S/(000) |  |  | S/(000) |  |  | S/(000) |  |  | S/(000) |  |  | S/(000) |  |  | S/(000) |
Banco de Crédito del Perú and Subsidiaries (i) |  | Banking, Peru |  |  | 97.71 |  |  |  | 97.69 |  |  |  | 144,768,951 |  |  |  | 139,658,667 |  |  |  | 127,683,654 |  |  |  | 124,107,841 |  |  |  | 17,085,297 |  |  |  | 15,550,826 |  |  |  | 3,391,015 |  |  |  | 3,036,929 |
Pacífico Compañía de Seguros y Reaseguros S.A. and Subsidiaries (ii), Note 2(c) |  | Insurance, Peru |  |  | 98.79 |  |  |  | 98.79 |  |  |  | 12,222,763 |  |  |  | 11,402,998 |  |  |  | 9,590,768 |  |  |  | 8,558,149 |  |  |  | 2,631,995 |  |  |  | 2,844,849 |  |  |  | 353,292 |  |  |  | 325,008 |
Credicorp Capital Ltd. and Subsidiaries (iii) |  | Capital markets, Bermuda |  |  | 100.00 |  |  |  | 100.00 |  |  |  | 3,393,325 |  |  |  | 3,731,930 |  |  |  | 2,695,499 |  |  |  | 2,943,210 |  |  |  | 697,826 |  |  |  | 788,720 |  |  |  | 35,191 |  |  |  | 77,963 |
Inversiones Credicorp Bolivia S.A. and Subsidiaries (iv) |  | Banking, Bolivia |  |  | 99.96 |  |  |  | 99.96 |  |  |  | 10,020,148 |  |  |  | 9,153,381 |  |  |  | 9,239,568 |  |  |  | 8,458,813 |  |  |  | 780,580 |  |  |  | 694,568 |  |  |  | 99,402 |  |  |  | 96,826 |
Atlantic Security Holding Corporation and Subsidiaries (v) |  | Capital Markets, Cayman islands |  |  | 100.00 |  |  |  | 100.00 |  |  |  | 6,607,494 |  |  |  | 7,034,717 |  |  |  | 5,395,262 |  |  |  | 6,206,861 |  |  |  | 1,212,232 |  |  |  | 827,856 |  |  |  | 351,425 |  |  |  | 187,132 |
CCR Inc. (vi) |  | Special purpose Entity, Bahamas |  |  | 100.00 |  |  |  | 100.00 |  |  |  | 543,113 |  |  |  | 667,170 |  |  |  | 543,896 |  |  |  | 670,132 |  |  |  | (783 | ) |  |  | (2,962 | ) |  |  | 2,179 |  |  |  | 14,018 |
Prima AFP S.A. (vii) |  | Private pension fund administrator, Peru |  |  | 100.00 |  |  |  | 100.00 |  |  |  | 874,649 |  |  |  | 882,917 |  |  |  | 241,307 |  |  |  | 263,717 |  |  |  | 633,342 |  |  |  | 619,200 |  |  |  | 139,586 |  |  |  | 140,082 |
Grupo Crédito S.A (viii) |  | Holding, Peru |  |  | 100.00 |  |  |  | 100.00 |  |  |  | 424,738 |  |  |  | 208,049 |  |  |  | 41,648 |  |  |  | 241,237 |  |  |  | 383,090 |  |  |  | (33,188 | ) |  |  | 15,603 |  |  |  | (31,089 | )
| (i) | BCP was established in 1889 and its activities are regulated by the SBS.
Its main Subsidiary is Mibanco, Banco de la Microempresa S.A. (hereinafter “Mibanco”), a banking entity in Peru oriented towards the micro and small business sector. At December 31, 2018, the assets, liabilities, equity and net income of Mibanco amount to approximately S/ 13,220.3 million, S/ 11,321.8 million, S/ 1,898.5 million and S/ 462.1 million, respectively (S// 12,363.0 million, S/ 10,666.5 million, S/ 1,696.5 million, and S/ 399.1 million, respectively at December 31, 2017).
| (ii) | Pacífico Seguros is an entity regulated by the SBS and its activities comprise the contracting and management of all types of general risk and life insurance, reinsurance and property investment and financial operations. Its Subsidiaries are Crediseguro Seguros Personales and Crediseguro Seguros Generales, and it has Pacífico EPS as an associate, which are dynamic participants in the business of multiple and health insurance, respectively.
| (iii) | Credicorp Capital Ltd. was formed in 2012, and its main subsidiaries are Credicorp Capital Holding Peru (owner of Credicorp Capital Perú S.A.A.), Credicorp Capital Holding Colombia (owner of Credicorp Capital Colombia), and Credicorp Capital Holding Chile (owner of Credicorp Capital Chile), which carry out their activities in Peru, Colombia and Chile, respectively. We present below the individual or consolidated financial statements in accordance with IFRS and before eliminations for consolidation purposes:
Entity |  | Percentage of interest (direct and indirect) |  |  | Assets |  |  | Liabilities |  |  | Equity |  |  | Net income (loss) |
|  | 2018 |  |  | 2017 |  |  | 2018 |  |  | 2017 |  |  | 2018 |  |  | 2017 |  |  | 2018 |  |  | 2017 |  |  | 2018 |  |  | 2017 |
|  | % |  |  | % |  |  | S/(000) |  |  | S/(000) |  |  | S/(000) |  |  | S/(000) |  |  | S/(000) |  |  | S/(000) |  |  | S/(000) |  |  | S/(000) |
Credicorp Capital Holding Perú S.A. and Subsidiaries |  |  | 100.00 |  |  |  | 100.00 |  |  |  | 339,220 |  |  |  | 303,121 |  |  |  | 141,943 |  |  |  | 121,302 |  |  |  | 197,277 |  |  |  | 181,819 |  |  |  | 42,684 |  |  |  | 28,604 |
Credicorp Capital Colombia |  |  | 100.00 |  |  |  | 100.00 |  |  |  | 1,882,183 |  |  |  | 1,667,003 |  |  |  | 1,749,472 |  |  |  | 1,522,222 |  |  |  | 132,711 |  |  |  | 144,781 |  |  |  | 15,407 |  |  |  | 18,795 |
Credicorp Capital Chile |  |  | 100.00 |  |  |  | 100.00 |  |  |  | 324,907 |  |  |  | 213,165 |  |  |  | 196,715 |  |  |  | 71,108 |  |  |  | 128,192 |  |  |  | 142,057 |  |  |  | 12,504 |  |  |  | 21,420 |
Disclosure of Property, furniture and equipment estimated useful lives [Text Block] |
| Years
Buildings and other construction | 33
Installations | 10
Furniture and fixtures | 10
Vehicles and equipment | 5
Computer hardware | 4
Disclosure of intangible assets estimated useful lives [Text Block] | Intangible assets identified as a consequence of the acquisition of subsidiaries are recognized in the consolidated statement of financial position at their fair values determined on the acquisition date and are amortized using the straight line method over their estimated useful life as follows:
|  | Estimated useful life in years
Client relationship - Prima AFP (AFP Unión Vida) |  | 20
Client relationship – Credicorp Capital Holding Chile (Inversiones IMT) |  | 16
Client relationship cash, fixed and variable income - Credicorp Capital Colombia |  | 5
Client relationship APT - Credicorp Capital Colombia |  | 5
Client relationship - Edyficar Peru |  | 10
Client relationship – Mibanco |  | 7
Brand - Mibanco |  | 25
Brand - Credicorp Capital Colombia |  | 5
Fund manager contract - Credicorp Capital Colombia |  | 28
Fund manager contract - Credicorp Capital Holding Chile (Inversiones IMT) |  | 5
Core deposits - Mibanco |  | 6
Others |  | 5

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