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TAX SITUATION (Tables)
 12 Months Ended
Dec. 31, 2018
Disclosure of tax situation [Abstract]  
Disclosure of detailed information about reconciliation between the statutory income tax rate and the effective tax rate [Text Block]
The reconciliation of the statutory income tax rate to the effective tax rate for the Group is as follows:
 
 
 
2018
 
 
2017
 
 
2016
 
 
 
%
 
 
%
 
 
%
 
 
 
 
 
 
 
 
 
 
 
Peruvian statutory income tax rate
 
 
29.50
 
 
 
29.50
 
 
 
28.00
 
Increase (decrease) in the statutory tax rate due to:
 
 
 
 
 
 
 
 
 
 
 
 
(i) Increase (decrease) arising from net income (loss) of subsidiaries not domiciled in Peru
 
 
0.09
 
 
 
(1.82
)
 
 
(0.04
)
(ii) Non-taxable income, net
 
 
(2.39
)
 
 
(2.69
)
 
 
(1.23
)
(iii)Effect of change in Peruvian tax rates
 
 
–
 
 
 
–
 
 
 
(0.53
)
Effective income tax rate
 
 
27.20
 
 
 
24.99
 
 
 
26.20
 
Disclosure of detailed information about income tax expenses [Text Block]
 
 
 
Income tax expense for the years ended December 31, 2018, 2017 and 2016 comprises:
 
 
 
 
 
 
 
2018
 
 
2017
 
 
2016
 
 
 
S/(000)
 
 
S/(000)
 
 
S/(000)
 
Current -
 
 
 
 
 
 
 
 
 
 
 
 
In Peru
 
 
1,315,896
 
 
 
1,262,302
 
 
 
1,098,125
 
In other countries
 
 
113,912
 
 
 
134,540
 
 
 
155,095
 
 
 
 
1,429,808
 
 
 
1,396,842
 
 
 
1,253,220
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Deferred -
 
 
 
 
 
 
 
 
 
 
 
 
In Peru
 
 
87,952
 
 
 
(18,264
)
 
 
31,472
 
In other countries
 
 
3,149
 
 
 
14,708
 
 
 
10,748
 
Effect of change in Peruvian tax rates
 
 
–
 
 
 
–
 
 
 
(13,992
)
 
 
 
91,101
 
 
 
(3,556
)
 
 
28,228
 
Total
 
 
1,520,909
 
 
 
1,393,286
 
 
 
1,281,448
 
 
 
 
 
 
 
 
 
Disclosure of deferred taxes [text block]
  
The following table presents a summary of the Group’s deferred income tax:
 
 
 
 
 
 
 
2018
 
 
2017
 
 
 
S/(000)
 
 
S/(000)
 
Deferred income tax asset, net
 
 
 
 
 
 
 
 
Deferred asset
 
 
 
 
 
 
 
 
Allowance for loan losses for loan portfolio
 
 
674,689
 
 
 
604,828
 
Provision for sundry expenses
 
 
46,314
 
 
 
44,885
 
Unrealized loss in valuation on cash flow hedge derivatives
 
 
9,286
 
 
 
22,039
 
Provision for sundry risks
 
 
285
 
 
 
20,173
 
Impairments in buildings for rent depreciation
 
 
20,479
 
 
 
17,489
 
Fluctuation of the fair value of the covered bonds
 
 
–
 
 
 
8,734
 
Carry forward tax losses
 
 
6,790
 
 
 
13,332
 
Unrealized losses due to valuation of investments at fair  value through other comprehensive income
 
 
4,105
 
 
 
–
 
Unrealized losses due to valuation of investments   available for sale.
 
 
–
 
 
 
2,563
 
Others
 
 
41,597
 
 
 
40,447
 
 
 
 
 
 
Deferred liability
 
 
 
 
 
 
Intangibles, net
 
 
(159,621
)
 
 
(132,553
)
Buildings depreciation
 
 
(68,398
)
 
 
(70,515
)
Adjustment for difference in exchange of SUNAT and SBS
 
 
(47,289
)
 
 
(35,660
)
Fluctuation of the fair value of the covered bonds
 
 
(16,558
)
 
 
–
 
Deferred acquisitions costs - DAC
 
 
(14,913
)
 
 
(12,855
)
Unrealized gain in valuation on cash flow hedge derivatives
 
 
(6,608
)
 
 
(8,431
)
Unrealized gain due to valuation of investments at fair   value through other comprehensive income
 
 
(3,190
)
 
 
–
 
Unrealized gain due to valuation of investments   available for sale
 
 
–
 
 
 
(8,095
)
Buildings revaluation
 
 
(5,356
)
 
 
(5,917
)
Unrealized gain in valuation on fair value hedge derivatives
 
 
(5,201
)
 
 
(5,687
)
Others
 
 
(12,694
)
 
 
(14,720
)
Total
 
 
463,717
 
 
 
480,057
 
 
 
 
 
 
 
 
 
 
Deferred income tax liability, net
 
 
 
 
 
 
 
 
Deferred asset
 
 
 
 
 
 
 
 
Carry forward tax losses
 
 
20,369
 
 
 
14,039
 
Unrealized losses due to valuation of investments at fair   value through other comprehensive income
 
 
11,893
 
 
 
–
 
Unrealized losses due to valuation of investments   available for sale.
 
 
–
 
 
 
1,746
 
Provision for sundry risks, net
 
 
3,761
 
 
 
8,750
 
Deferred income due to commission – DIL
 
 
7,503
 
 
 
8,326
 
Others
 
 
13,424
 
 
 
11,154
 
 
 
 
 
 
 
 
 
 
Deferred liability
 
 
 
 
 
 
 
 
Intangibles, net
 
 
(36,907
)
 
 
(48,797
)
Gain generated in the reorganization of Pacífico EPS
 
 
(39,515
)
 
 
(39,515
)
Deferred acquisitions costs – DAC
 
 
(28,581
)
 
 
(30,322
)
Unrealized gain due to valuation of investments at fair   value through other comprehensive income
 
 
(20,790
)
 
 
–
 
Unrealized gain due to valuation of investments   available for sale.
 
 
–
 
 
 
(41,910
)
Fluctuation due to valuation of investments at fair value    through profit or loss investments
 
 
(3,061
)
 
 
–
 
Catastrophic insurance reserve
 
 
(9,950
)
 
 
(9,561
)
Leasing operations related to loans
 
 
(4,788
)
 
 
(5,063
)
Buildings depreciation
 
 
(3,076
)
 
 
(2,736
)
Buildings revaluation
 
 
(1,694
)
 
 
(2,578
)
Others
 
 
(17,191
)
 
 
(13,813
)
Total
 
 
(108,603
)
 
 
(150,280
)
 
 
Disclosure Income Tax Returns Major Subsidiaries Open For Examination Tax Authorities [Text Block]
                    Income tax returns of the major subsidiaries open for examination by the tax authorities are as follows:
 
 
 
 
 
Banco de Crédito del Perú S.A.
 
2013 to 2018
Mibanco, Banco de la Microempresa S.A.
 
2014 to 2018
Prima AFP S.A
 
2014, 2016 to 2018
Pacífico Compañía de Seguros y Reaseguros
 
2014 to 2018
Pacífico Peruano Suiza
 
2014 to 2017
 
 
 
 
 
Disclosure Income Tax Returns Subsidiaries Respective Tax Authorities [Text Block] The annual income tax declarations pending examination by the overseas tax authorities are the following:
 
Banco de Crédito de Bolivia
 
2011, 2012, 2014 to 2018
Credicorp Capital Colombia
 
2016 to 2018
Credicorp Capital Holding Chile
 
2014 to 2018