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SIGNIFICANT ACCOUNTING POLICIES (Details 3) - PEN (S/)
S/ in Thousands
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Disclosure Of Significant Accounting Policies [Line Items]        
Assets S/ 177,263,201 [1] S/ 170,472,283 [1] S/ 156,435,000  
Liabilities 152,997,125 148,218,580 136,319,000  
Equity 24,266,076 22,253,703 20,116,511 S/ 16,727,570
Net income (loss) S/ 4,071,305 S/ 4,181,648 S/ 3,609,980  
Banco de Credito del Peru S.A. and Subsidiaries [Member]        
Disclosure Of Significant Accounting Policies [Line Items]        
Activity and country of incorporation [2] Banking, Peru      
Percentage of interest (direct and indirect) [2] 97.71% 97.69%    
Assets S/ 144,768,951 S/ 139,658,667    
Liabilities 127,683,654 124,107,841    
Equity 17,085,297 15,550,826    
Net income (loss) S/ 3,391,015 S/ 3,036,929    
Pacifico Compania de Seguros y Reaseguros S.A. and Subsidiaries [Member]        
Disclosure Of Significant Accounting Policies [Line Items]        
Activity and country of incorporation [3] Insurance, Peru      
Percentage of interest (direct and indirect) [3] 98.79% 98.79%    
Assets S/ 12,222,763 S/ 11,402,998    
Liabilities 9,590,768 8,558,149    
Equity 2,631,995 2,844,849    
Net income (loss) S/ 353,292 S/ 325,008    
Credicorp Capital Ltd. and Subsidiaries [Member]        
Disclosure Of Significant Accounting Policies [Line Items]        
Activity and country of incorporation [4] Capital markets, Bermuda      
Percentage of interest (direct and indirect) [4] 100.00% 100.00%    
Assets S/ 3,393,325 S/ 3,731,930    
Liabilities 2,695,499 2,943,210    
Equity 697,826 788,720    
Net income (loss) S/ 35,191 S/ 77,963    
Inversiones Credicorp Bolivia S A and Subsidiaries [Member]        
Disclosure Of Significant Accounting Policies [Line Items]        
Activity and country of incorporation [5] Banking, Bolivia      
Percentage of interest (direct and indirect) [5] 99.96% 99.96%    
Assets S/ 10,020,148 S/ 9,153,381    
Liabilities 9,239,568 8,458,813    
Equity 780,580 694,568    
Net income (loss) S/ 99,402 S/ 96,826    
Atlantic Security Holding Corporation and Subsidiaries [Member]        
Disclosure Of Significant Accounting Policies [Line Items]        
Activity and country of incorporation [6] Capital Markets, Cayman islands      
Percentage of interest (direct and indirect) [6] 100.00% 100.00%    
Assets S/ 6,607,494 S/ 7,034,717    
Liabilities 5,395,262 6,206,861    
Equity 1,212,232 827,856    
Net income (loss) S/ 351,425 S/ 187,132    
CCR Inc [Member]        
Disclosure Of Significant Accounting Policies [Line Items]        
Activity and country of incorporation [7] Special purpose Entity, Bahamas      
Percentage of interest (direct and indirect) [7] 100.00% 100.00%    
Assets S/ 543,113 S/ 667,170    
Liabilities 543,896 670,132    
Equity (783) (2,962)    
Net income (loss) S/ 2,179 S/ 14,018    
Prima AFP S.A [Member]        
Disclosure Of Significant Accounting Policies [Line Items]        
Activity and country of incorporation [8] Private pension fund administrator, Peru      
Percentage of interest (direct and indirect) [8] 100.00% 100.00%    
Assets S/ 874,649 S/ 882,917    
Liabilities 241,307 263,717    
Equity 633,342 619,200    
Net income (loss) S/ 139,586 S/ 140,082    
Grupo Credito S.A [Member]        
Disclosure Of Significant Accounting Policies [Line Items]        
Activity and country of incorporation [9] Holding, Peru      
Percentage of interest (direct and indirect) [9] 100.00% 100.00%    
Assets S/ 424,738 S/ 208,049    
Liabilities 41,648 241,237    
Equity 383,090 (33,188)    
Net income (loss) S/ 15,603 S/ (31,089)    
[1] The balances of financial instruments at December 31, 2018 have been prepared in accordance with IFRS 9; the balances of the previous period have not been restated, see Note 3(a)(i).
[2] 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/462.1million, 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).
[3] 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.
[4] 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. Credicorp Capital Perú has the principal function of a holding company of shares, participations, and securities in general, provision of financial and corporate advisory services, and property investment. At December 31, 2018 and 2017, Credicorp Capital Peru holds as Subsidiaries, Credicorp Capital Sociedad Agente de Bolsa S.A., Credicorp Capital S.A. Sociedad Administradora de Fondos, Credicorp Capital Servicios Financieros S.A. and Credicorp Capital Sociedad Titulizadora S.A., member companies of the Investment Banking Group in Peru.
[5] Inversiones Credicorp Bolivia S.A. (hereinafter ICBSA) was established in February 2013 and its objective is to make capital investments for its own account or for the account of third parties in companies and other entities providing financial services, exercising or determining the management, administration, control and representation thereof, both nationally and abroad, for which it can invest in capital markets, insurance, asset management, pension funds and other related financial and/or stock exchange products. Its principal Subsidiary is Banco de Crédito de Bolivia (hereinafter BCB), a commercial bank which operates in Bolivia. At December 31, 2018, the assets, liabilities, equity and net profit of BCB were approximately S/9,956.9 million, S/9,265.8 million, S/691.1 million and S/78.3 million, respectively (S/9,118.4 million, S/8,481.7 million, S/636.7 million and S/75.4 million, respectively at December 31, 2017).
[6] Its most important Subsidiary is Atlantic Security Bank (ASB), which is incorporated in the Cayman Islands and operates through branches and offices in Grand Cayman and the Republic of Panama; its main activities are private and institutional banking services and trustee administration, mainly for BCP’s Peruvian customers.
[7] CCR Inc. was incorporated in 2000, its main activity is to manage loans granted to BCP by foreign financial entities, See Note 16(a)(iii). These loans are collateralized by transactions performed by BCP.
[8] Prima AFP is a private pension fund and its activities are regulated by the SBS.
[9] The main activity of Grupo Crédito is to invest in shares listed in the Peruvian- Stock Exchange and in unlisted shares of Peruvian companies. It also holds the Group’s shares in BCP, and Inversiones Credicorp Bolivia, Prima AFP and Pacífico Seguros. Grupo Crédito’s balances are presented net of its investments in said entities.