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LOANS, NET (Tables)
 12 Months Ended
Dec. 31, 2018
Disclosure of Loans, Net [Abstract]  
Disclosure of detailed information about loans and advances [text block]
a)This item consists of the following:
 
  
2018
  
2017
 
  
S/(000)
  
S/(000)
 
       
Direct loans -
        
Loans  86,898,040   77,712,186 
Leasing receivables  6,322,477   7,401,018 
Credit cards  7,847,038   6,880,017 
Discounted notes  2,313,478   1,999,099 
Factoring receivables  1,923,456   1,722,436 
Advances and overdrafts in current account  255,027   113,630 
Refinanced loans  1,281,360   915,493 
Restructured loans  127   121 
Total direct loans
  106,841,003   96,744,000 
         
Internal overdue loans and under legal collection loans  3,119,621   3,020,914 
   109,960,624   99,764,914 
Add (less) -
        
Accrued interest  865,168   779,684 
Unearned interest  (66,402)  (66,823)
Total direct loans  110,759,390   100,477,775 
Allowance for loan losses (d)  (4,952,392)  (4,500,498)
Total direct loans, net
  105,806,998   95,977,277 
         
Indirect loans, Note 20(a)
  20,774,271   19,369,559 
 
Disclosure of detailed information about classification of direct loans [text block]
b)Gross balance of loan portfolio and due from customers on acceptances segregated by stages is as follows
 
Stage 1
 
Balance at
        
Transfer
  
Transfer
  
Transfers
           
Exchange
  
Balance at
 
  
January 1rst,
  
Transfer to
  
Transfer to
  
from
  
from
  
between classes
  
New loans and
     
Sale of loan
  
differences
  
December
 
Loans by class
 
2018
  
Stage 2
  
Stage 3
  
Stage 2
  
Stage 3
  
of loans
  
liquidation, net
  
Write-offs
  
portfolio
  
and others
  
31, 2018
 
  
S/(000)
  
S/(000)
  
S/(000)
  
S/(000)
  
S/(000)
  
S/(000)
  
S/(000)
  
S/(000)
  
S/(000)
  
S/(000)
  
S/(000)
 
Commercial loans  70,538,767   (2,216,860)  (187,558)  807,179   18,884   379,440   4,184,442   (7,895)  –   693,669   74,210,068 
Residential mortgage loans  14,119,221   (416,937)  (159,561)  151,660   11,333   14,782   2,216,512   (126)  (70)  112,296   16,049,110 
Micro-business loans  11,561,250   (612,647)  (325,773)  412,930   13,543   (360,158)  1,664,637   (152,431)  –   34,789   12,236,140 
Consumer loans  9,333,443   (654,148)  (203,805)  453,760   21,458   (34,064)  1,911,174   (144,796)  –   29,849   10,712,871 
Total
  105,552,681   (3,900,592)  (876,697)  1,825,529   65,218   –   9,976,765   (305,248)  (70)  870,603   113,208,189 
 
Stage 2
 
Balance at
        
Transfer
  
Transfer
  
Transfers
           
Exchange
  
Balance at
 
  
January 1rst,
  
Transfer to
  
Transfer to
  
from
  
from
  
between classes
  
New loans and
     
Sale of loan
  
Differences
  
December
 
Loans by class
 
2018
  
Stage 1
  
Stage 3
  
Stage 1
  
Stage 3
  
of loans
  
liquidation, net
  
Write-offs
  
portfolio
  
and others
  
31, 2018
 
  
S/(000)
  
S/(000)
  
S/(000)
  
S/(000)
  
S/(000)
  
S/(000)
  
S/(000)
  
S/(000)
  
S/(000)
  
S/(000)
  
S/(000)
 
Commercial loans  3,549,605   (807,179)  (306,268)  2,216,860   16,587   45,734   2,769,685   (4,795)  –   49,877   7,530,106 
Residential mortgage loans  569,685   (151,660)  (123,255)  416,937   6,586   240   1,302   (142)  (218)  43,074   762,549 
Micro-business loans  1,986,325   (412,930)  (205,492)  612,647   8,582   (45,172)  176,717   (156,322)  –   706   1,965,061 
Consumer loans  1,764,494   (453,760)  (199,903)  654,148   24,345   (802)  331,516   (200,315)  –   481   1,920,204 
Total
  7,870,109   (1,825,529)  (834,918)  3,900,592   56,100   –   3,279,220   (361,574)  (218)  94,138   12,177,920 
 
Stage 3
 
Balance at
        
Transfer
  
Transfer
  
Transfers
           
Exchange
  
Balance at
 
  
January 1rst,
  
Transfer to
  
Transfer to
  
from
  
from
  
between classes
  
New loans and
     
Sale of loan
  
Differences
  
December
 
Loans by class
 
2018
  
Stage 1
  
Stage 2
  
Stage 1
  
Stage 2
  
of loans
  
liquidation, net
  
Write-offs
  
portfolio
  
and others
  
31, 2018
 
  
S/(000)
  
S/(000)
  
S/(000)
  
S/(000)
  
S/(000)
  
S/(000)
  
S/(000)
  
S/(000)
  
S/(000)
  
S/(000)
  
S/(000)
 
Commercial loans  3,253,560   (18,884)  (16,587)  187,558   306,268   (33,127)  (156,568)  (102,350)  (57,956)  36,986   3,398,900 
Residential mortgage loans  862,645   (11,333)  (6,586)  159,561   123,255   353   (116,995)  (11,115)  (49,908)  9,156   959,033 
Micro-business loans  1,295,025   (13,543)  (8,582)  325,773   205,492   32,923   (151,256)  (357,753)  (75,916)  5,793   1,257,956 
Consumer loans  832,487   (21,458)  (24,345)  203,805   199,903   (149)  (74,552)  (402,837)  (13,843)  1,854   700,865 
Total
  6,243,717   (65,218)  (56,100)  876,697   834,918   –   (499,371)  (874,055)  (197,623)  53,789   6,316,754 
 
Consolidated 3 Stages
 
Balance at
  
Transfers
           
Exchange
  
Balance at
 
  
January 1rst,
  
between classes
  
New loans and
     
Sale of loan
  
Differences
  
December
 
Loans by class
 
2018
  
of loans
  
 liquidation, net
  
 Write-offs
  
 portfolio
  
and others
  
31, 2018 (*)
 
  
S/(000)
  
S/(000)
  
S/(000)
  
S/(000)
  
S/(000)
  
S/(000)
  
S/(000)
 
Commercial loans
  
77,341,932
   
392,047
   
6,797,559
   
(115,040
)
  
(57,956
)
  
780,532
   
85,139,074
 
Residential mortgage loans
  
15,551,551
   
15,375
   
2,100,819
   
(11,383
)
  
(50,196
)
  
164,526
   
17,770,692
 
Micro-business loans
  
14,842,600
   
(372,407
)
  
1,690,098
   
(666,506
)
  
(75,916
)
  
41,288
   
15,459,157
 
Consumer loans
  
11,930,424
   
(35,015
)
  
2,168,138
   
(747,948
)
  
(13,843
)
  
32,184
   
13,333,940
 
Total
  
119,666,507
   
–
   
12,756,614
   
(1,540,877
)
  
(197,911
)
  
1,018,530
   
131,702,863
 
 
(*)Movement of gross balance of loan portfolio includes the balance of direct and indirect loans and banker’s acceptances for approximately S/109,960.6 million, S/20,774.3 million and S/968.0 million, respectively, at December 31, 2018 (approximately S/99,764.9 million, S/19,369.6 million and S/532.0 million, respectively, at January 1, 2018). Banker’s acceptances are included in “Banker’s acceptances outstanding " caption of the consolidated statement of financial position.
 
 
Disclosure of Allowance for Credit Losses on Financial instruments [Table Text Block]
d)At December 31, 2018, the allowance for loan losses for direct and indirect loans was determined under the expected credit loss model as established in IFRS 9. The movement in the allowance for loan losses is shown below for direct and indirect loans:
 
Stage 1
 
Restated
              
Transfers
  
New loans
                
  
balance at
        
Transfer
  
Transfer
  
between
  
and
  
Changes in
     
Sale of
  
Exchange
  
Balance at
 
Loans by class
 
January 1,

2018
  
Transfer to

Stage 2
  
   Transfer to

Stage 3
  
from

Stage 2
  
from

Stage 3
  
classes 
of
loans
  
liquidation,

net
  
PDs, LGDs,

EADs
  
Write-offs  
  
loan

portfolio
  
differences

and others
  
December

31, 2018
 
  
S/(000)
  
S/(000)
  
S/(000)
  
S/(000)
  
S/(000)
  
S/(000)
  
S/(000)
  
S/(000)
  
S/(000)
  
S/(000)
  
S/(000)
  
S/(000)
 
Commercial loans
  
280,211
   
(13,311
)
  
(6,647
)
  
16,464
   
10,864
   
5,238
   
30,376
   
(5,007
)
  
(7,972
)
  
–
   
1,551
   
311,767
 
Residential mortgage loans
  
18,614
   
(1,716
)
  
(817
)
  
2,565
   
5,556
   
449
   
7,674
   
(1,114
)
  
(142
)
  
–
   
410
   
31,479
 
Micro-business loans
  
350,134
   
(27,116
)
  
(17,238
)
  
46,522
   
13,148
   
(5,634
)
  
68,232
   
86,904
   
(178,657
)
  
–
   
6,224
   
342,519
 
Consumer loans
  
356,938
   
(29,407
)
  
(9,568
)
  
91,969
   
19,765
   
(53
)
  
38,423
   
(43,030
)
  
(149,573
)
  
–
   
555
   
276,019
 
Total
  
1,005,897
   
(71,550
)
  
(34,270
)
  
157,520
   
49,333
   
–
   
144,705
   
37,753
   
(336,344
)
  
–
   
8,740
   
961,784
 
 
Stage 2
 
Restated
              
Transfers
  
New loans
                
  
balance at
        
Transfer
  
Transfer
  
between
  
and
  
Changes in
     
Sale of
  
Exchange
  
Balance at
 
Loans by class
 
January 1,

2018
  
Transfer to

Stage 1
  
Transfer to

Stage 3
  
from

Stage 1
  
from

Stage 3
  
classes 
of
loans
  
liquidation,

net
  
PDs, LGDs,

EADs
  
Write-offs
  
loan

portfolio
  
differences

and others
  
December

31, 2018
 
  
S/(000)
  
S/(000)
  
S/(000)
  
S/(000)
  
S/(000)
  
S/(000)
  
S/(000)
  
S/(000)
  
S/(000)
  
S/(000)
  
S/(000)
  
S/(000)
 
Commercial loans
  
99,004
   
(16,464
)
  
(20,602
)
  
13,311
   
13,696
   
(254
)
  
34,236
   
33,375
   
(4,952
)
  
–
   
649
   
151,999
 
Residential mortgage loans
  
13,747
   
(2,565
)
  
(2,945
)
  
1,716
   
3,201
   
7
   
1,761
   
7,296
   
(144
)
  
–
   
330
   
22,404
 
Micro-business loans
  
281,227
   
(46,522
)
  
(43,715
)
  
27,116
   
7,817
   
378
   
42,058
   
168,748
   
(176,095
)
  
–
   
2,581
   
263,593
 
Consumer loans
  
507,726
   
(91,969
)
  
(53,473
)
  
29,407
   
22,834
   
(131
)
  
57,606
   
231,922
   
(203,471
)
  
–
   
84
   
500,535
 
Total
  
901,704
   
(157,520
)
  
(120,735
)
  
71,550
   
47,548
   
–
   
135,661
   
441,341
   
(384,662
)
  
–
   
3,644
   
938,531
 
 
Stage 3
 
Restated
              
Transfers
  
New loans 
                
  
balance at
        
Transfer
  
Transfer
  
between
  
and
  
Changes in
     
Sale of
  
Exchange
  
Balance at
 
Loans by class
 
January 1,

2018
  
Transfer to

Stage 1
  
Transfer to

Stage 2
  
from

Stage 1
  
from

Stage 2
  
classes of

loans
  
liquidation,

net
  
PDs, LGDs,

EADs
  
Write-offs
  
loan

portfolio
  
differences

and others
  
December

31, 2018
 
  
S/(000)
  
S/(000)
  
S/(000)
  
S/(000)
  
S/(000)
  
S/(000)
  
S/(000)
  
S/(000)
  
S/(000)
  
S/(000)
  
S/(000)
  
S/(000)
 
Commercial loans
  
1,259,257
   
(10,864
)
  
(13,696
)
  
6,647
   
20,602
   
(34,932
)
  
37,701
   
294,960
   
(102,442
)
  
(48,442
)
  
(53,429
)
  
1,355,362
 
Residential mortgage loans
  
411,087
   
(5,556
)
  
(3,201
)
  
817
   
2,945
   
302
   
(45,198
)
  
142,064
   
(11,478
)
  
(32,089
)
  
10,593
   
470,286
 
Micro-business loans
  
1,001,287
   
(13,148
)
  
(7,817
)
  
17,238
   
43,715
   
34,709
   
13,267
   
296,807
   
(340,693
)
  
(67,682
)
  
1,610
   
979,293
 
Consumer loans
  
684,728
   
(19,765
)
  
(22,834
)
  
9,568
   
53,473
   
(79
)
  
21,316
   
294,521
   
(406,577
)
  
(10,338
)
  
5,262
   
609,275
 
Total
  
3,356,359
   
(49,333
)
  
(47,548
)
  
34,270
   
120,735
   
–
   
27,086
   
1,028,352
   
(861,190
)
  
(158,551
)
  
(35,964
)
  
3,414,216
 
 
Consolidated 3 Stages
             
Credit loss of the period
             
  
Balance at
  
Effect of
  
Restated
  
Transfers
  
New loans
  
Changes in
     
Sale of
  
Exchange
  
Balance at
 
  
December
  
adopting
  
balance at
  
between
  
and
  
PDs, LGDs,
     
loan
  
differences
  
December
 
Loans by class
 
31, 2017
  
IFRS 9
  
January 1,
  
classes of
  
liquidation,
  
EADs
  
Write-offs
  
portfolio
  
and others
  
31, 2018 (*)
 
  
S/(000)
  
S/(000)
  
S/(000)
  
S/(000)
  
S/(000)
  
S/(000)
  
S/(000)
  
S/(000)
  
S/(000)
  
S/(000)
 
Commercial loans
  
1,680,126
   
(41,653
)
  
1,638,473
   
(29,948
)
  
102,313
   
323,328
   
(115,366
)
  
(48,442
)
  
(51,229
)
  
1,819,129
 
Residential mortgage loans
  
228,287
   
215,161
   
443,448
   
758
   
(35,763
)
  
148,246
   
(11,764
)
  
(32,089
)
  
11,333
   
524,169
 
Micro-business loans
  
1,476,578
   
156,069
   
1,632,647
   
29,453
   
123,557
   
552,459
   
(695,445
)
  
(67,682
)
  
10,415
   
1,585,404
 
Consumer loans
  
1,558,017
   
(8,625
)
  
1,549,392
   
(263
)
  
117,345
   
483,413
   
(759,621
)
  
(10,338
)
  
5,901
   
1,385,829
 
Total
  
4,943,008
   
320,952
   
5,263,960
   
–
   
307,452
   
1,507,446
   
(1,582,196
)
  
(158,551
)
  
(23,580
)
  
5,314,531
 
 
(*)The movement in the allowance for loan losses of the period 2018 includes the allowance for direct and indirect loans for approximately S/4,952.4 million y S/362.1 million, respectively. The allowance for indirect loan losses is included in “Other liabilities” of the consolidated statement of financial position, Note 12(a). In Management’s opinion, the allowance for loan losses recorded as of December 31, 2018 has been established in accordance with IFRS 9 and is sufficient to cover incurred losses on the loan portfolio.
Disclosure of detailed information about the movement in the allowance for loan losses [text block]
As of December 31, 2017 and 2016, the allowance for loan losses for direct and indirect loans was determined under incurred credit losses model as established in the IAS 39. The movement in the allowance for loan losses is shown below for direct and indirect loans:
 
Loans by class
 
Balance as of 
December 31, 
2016
  
Provision for 
loan losses
  
Loan portfolio 
written-off
  
Exchange 
differences
and others
  
Balance as of 
December 31, 
2017 (*)
 
  
S/(000)
  
S/(000)
  
S/(000)
  
S/(000)
  
S/(000)
 
                
Commercial loans  1,235,970   737,929   (217,160)  (76,613)  1,680,126 
Residential mortgage loans  193,385   50,663   (10,662)  (5,099)  228,287 
Micro-business loans  1,353,168   576,931   (437,594)  (15,927)  1,476,578 
Consumer loans  1,634,169   691,955   (760,785)  (7,322)  1,558,017 
Total
  4,416,692   2,057,478   (1,426,201)  (104,961)  4,943,008 
 
Loans by class
 
Balance as of 
December 31, 
2015
  
Provision for 
loan losses
  
Loan portfolio 
written-off
  
Exchange 
differences
and others
  
Balance as of 
December 31, 
2016 (*)
 
  
S/(000)
  
S/(000)
  
S/(000)
  
S/(000)
  
S/(000)
 
                
Commercial loans  1,197,713   245,553   (143,871)  (63,425)  1,235,970 
Residential mortgage loans  173,879   27,659   (7,877)  (276)  193,385 
Micro-business loans  1,372,099   588,821   (606,546)  (1,206)  1,353,168 
Consumer loans  1,288,528   1,201,176   (853,844)  (1,691)  1,634,169 
Total
  4,032,219   2,063,209   (1,612,138)  (66,598)  4,416,692 
 
(*)The movement in the allowance for loan losses for 2017 included the allowance for direct and indirect loans for approximately S/4,500.5 million y S/442.5 million, respectively (approximately S/4,207.1 million and S/209.6 million, respectively, for 2016). The allowance for indirect loan losses was included in “Other liabilities” of the consolidated statement of financial position, Note 12(a). In Management’s opinion, the allowance for loan losses recorded as of December 31, 2017 and 2016 was established in accordance with IAS 39 and was sufficient to cover incurred losses on the loan portfolio.
Disclosure of detailed information about direct gross loan on maturity basis [text block]
f)The following table p resents the gross direct loan portfolio at December 31, 2018 and 2017 by maturity based on the remaining period to the payment due date:
 
  
2018
  
2017
 
  
S/(000)
  
S/(000)
 
Outstanding loans -
      
Up to 1 year  49,219,931   38,052,430 
From 1 to 3 years  25,763,021   20,167,475 
From 3 to 5 years  10,300,621   12,082,996 
More than 5 years  21,557,430   26,441,099 
   106,841,003   96,744,000 
Internal overdue loans -
        
Overdue 90 days  635,893   639,329 
Over 90 days  2,483,728   2,381,585 
   3,119,621   3,020,914 
         
Total
  109,960,624   99,764,914