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INVESTMENTS (Details 1) - PEN (S/)
S/ in Thousands
 12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Disclosure of Investments [Line Items]    
Financial assets at amortised cost S/ 1,292,203 [1] S/ 0
Shares At Amortised Cost 179,632 269,701
Financial assets at amortised cost before accrued interest 24,259,852 22,599,064
Gains on available-for-sale financial assets 499,150 1,143,962
Gains on shares 473,446 497,830
Gains on financial assets before adjusting interest 972,596 1,641,792
Losses on available-for-sale financial assets (247,827) (34,794)
Losses on shares (3,608) (1,937)
Losses on financial assets before adjusting interest (251,435) (36,731)
Financial assets available-for-sale 0 24,423,891 [1]
Shares at estimated fair value 649,470 765,594
Financial assets at estimated fair value before accrued interest 24,981,013 24,204,125
Interest income on financial assets 214,822 219,766
Financial assets at fair value through other comprehensive income 25,195,835 [1] 0
Alicorp S.A.A [Member]    
Disclosure of Investments [Line Items]    
Shares At Amortised Cost 12,198  
Gains on shares 218,994  
Losses on shares 0  
Shares at estimated fair value 231,192  
Inversiones Centenario S.A.A [Member]    
Disclosure of Investments [Line Items]    
Shares At Amortised Cost 112,647  
Gains on shares 236,063  
Losses on shares 0  
Shares at estimated fair value 348,710  
Bolsa de Valores de Lima [Member]    
Disclosure of Investments [Line Items]    
Shares At Amortised Cost 19,698  
Gains on shares 9,363  
Losses on shares 0  
Shares at estimated fair value 29,061  
Bolsa de Comercio de Santiago [Member]    
Disclosure of Investments [Line Items]    
Shares At Amortised Cost 8,808  
Gains on shares 5,360  
Losses on shares 0  
Shares at estimated fair value 14,168  
Compania Universal Textil S.A. [Member]    
Disclosure of Investments [Line Items]    
Shares At Amortised Cost 9,597  
Gains on shares 248  
Losses on shares (3,397)  
Shares at estimated fair value 6,448  
Bolsa de Valores de Colombiaa [Member]    
Disclosure of Investments [Line Items]    
Shares At Amortised Cost 4,585  
Gains on shares 0  
Losses on shares (211)  
Shares at estimated fair value 4,374  
Other [Member]    
Disclosure of Investments [Line Items]    
Shares At Amortised Cost 12,099  
Gains on shares 3,418  
Losses on shares 0  
Shares at estimated fair value 15,517  
Investment funds [member]    
Disclosure of Investments [Line Items]    
Financial assets at amortised cost   34,703
Gains on available-for-sale financial assets   25,013
Losses on available-for-sale financial assets   (95)
Financial assets available-for-sale   59,621
Shares listed [Member]    
Disclosure of Investments [Line Items]    
Shares At Amortised Cost [2]   254,931
Gains on shares [2]   496,737
Losses on shares [2]   (1,937)
Shares at estimated fair value [2]   749,731
Shares non listed [Member]    
Disclosure of Investments [Line Items]    
Shares At Amortised Cost   14,770
Gains on shares   1,093
Losses on shares   0
Shares at estimated fair value   15,863
Corporate, leasing and subordinated bonds [Member]    
Disclosure of Investments [Line Items]    
Financial assets at amortised cost 8,478,834 [3] 7,919,202 [4]
Gains on available-for-sale financial assets 212,549 [3] 460,826 [4]
Losses on available-for-sale financial assets (185,603) [3] (22,838) [4]
Financial assets available-for-sale 8,505,780 [3] 8,357,190 [4]
Certificates of deposit BCRP [Member]    
Disclosure of Investments [Line Items]    
Financial assets at amortised cost 9,833,776 [5] 7,906,747 [6]
Gains on available-for-sale financial assets 189 [5] 16,960 [6]
Losses on available-for-sale financial assets (4,381) [5] 0 [6]
Financial assets available-for-sale 9,829,584 [5] 7,923,707 [6]
Government Treasury Bonds [Member]    
Disclosure of Investments [Line Items]    
Financial assets at amortised cost 4,977,422 [7] 4,308,507 [8]
Gains on available-for-sale financial assets 260,939 [7] 336,561 [8]
Losses on available-for-sale financial assets (47,613) [7] (4,520) [8]
Financial assets available-for-sale 5,190,748 [7] 4,640,548 [8]
Participation in RAL Fund [Member]    
Disclosure of Investments [Line Items]    
Financial assets at amortised cost [9]   527,405
Gains on available-for-sale financial assets [9]   0
Losses on available-for-sale financial assets [9]   0
Financial assets available-for-sale [9]   527,405
Securitization instruments [Member]    
Disclosure of Investments [Line Items]    
Financial assets at amortised cost 505,976 [10] 478,921 [11]
Gains on available-for-sale financial assets 22,492 [10] 35,747 [11]
Losses on available-for-sale financial assets (9,980) [10] (6,565) [11]
Financial assets available-for-sale 518,488 [10] 508,103 [11]
Restricted mutual funds [Member]    
Disclosure of Investments [Line Items]    
Financial assets at amortised cost [12]   186,407
Gains on available-for-sale financial assets [12]   230,289
Losses on available-for-sale financial assets [12]   0
Financial assets available-for-sale [12]   416,696
Participation in mutual funds [Member]    
Disclosure of Investments [Line Items]    
Financial assets at amortised cost   398,308
Gains on available-for-sale financial assets   11,458
Losses on available-for-sale financial assets   (200)
Financial assets available-for-sale   409,566
Multilateral organization bonds [Member]    
Disclosure of Investments [Line Items]    
Financial assets at amortised cost   165,830
Gains on available-for-sale financial assets   13,897
Losses on available-for-sale financial assets   (224)
Financial assets available-for-sale   179,503
Certificates of Banco Central de Bolivia [Member]    
Disclosure of Investments [Line Items]    
Financial assets at amortised cost [13]   94,692
Gains on available-for-sale financial assets [13]   33
Losses on available-for-sale financial assets [13]   0
Financial assets available-for-sale [13]   94,725
Commercial paper [ Member]    
Disclosure of Investments [Line Items]    
Financial assets at amortised cost   5,185
Gains on available-for-sale financial assets   0
Losses on available-for-sale financial assets   0
Financial assets available-for-sale   5,185
U.S. Federal agency bonds [Member]    
Disclosure of Investments [Line Items]    
Financial assets at amortised cost   799
Gains on available-for-sale financial assets   80
Losses on available-for-sale financial assets   0
Financial assets available-for-sale   879
Hedge funds [Member]    
Disclosure of Investments [Line Items]    
Financial assets at amortised cost   48
Gains on available-for-sale financial assets   1,014
Losses on available-for-sale financial assets   0
Financial assets available-for-sale   1,062
Negotiable certificates of deposit [Member]    
Disclosure of Investments [Line Items]    
Financial assets at amortised cost 280,828 285,493
Gains on available-for-sale financial assets 2,981 5,036
Losses on available-for-sale financial assets (250) (346)
Financial assets available-for-sale 283,559 290,183
Collateralized mortgage obligation    
Disclosure of Investments [Line Items]    
Financial assets at amortised cost   17,116
Gains on available-for-sale financial assets   7,048
Losses on available-for-sale financial assets   (6)
Financial assets available-for-sale   S/ 24,158
Others [Member]    
Disclosure of Investments [Line Items]    
Financial assets at amortised cost 3,384  
Gains on available-for-sale financial assets 0  
Losses on available-for-sale financial assets 0  
Financial assets available-for-sale S/ 3,384  
[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] Between the years 2016 and 2017, the Group sold through Credicorp Capital Corredores de Bolsa, 100.0 percent of the shares that it held of Banco de Crédito e Inversiones de Chile (hereinafter “BCI Chile”) and 100.0 percent of the shares that it held of Enel Distribución Perú S.A.A. (formerly Edelnor S.A.A.) We present below the sales made:
[3] At December 31, 2018 the most significant individual unrealized loss amounted to approximately S/8.2 million.Likewise, the Group maintains CCS, which were designated as cash flow hedges of certain corporate bonds for a nominal amount of S/136.1million, see Note 12(b); by means of said CCS, the bonds were economically converted to soles at a fixed rate.In December 2018, according to the foreign exchange exposure strategy, the Group discontinued the cash flow hedge of a certain corporate bond through the liquidation of the CCS whose notional amount at that date amounted to US$13.0 million, equivalent to S/43.8 million.
[4] At December 31, 2017 the most significant individual unrealized loss amounted to approximately S/2.2 million.Likewise, the Group maintains CCS, which were designated as cash flow hedges of certain corporate bonds for a nominal amount of S/228.8 million, see Note 12(b); by means of said CCS, the bonds were economically converted to soles at a fixed rate.
[5] The Group maintains 99,587 BCRP certificates of deposit of the Central Reserve Bank of Peru, which are instruments issued at a discount through public auction, traded on the Peruvian secondary market and payable in soles.
[6] The Group maintains 79,901 certificates of deposits of the Central Reserve Bank of Peru, which are instruments issued at a discount through public auction, traded on the Peruvian secondary market and payable in soles.
[7] At December 31, 2018, the balance includes the following Government Treasury Bonds:
[8] At December 31, 2017, the balance includes the following Government Treasury Bonds:
[9] Comprise the investments made by the Group in the Central Bank of Bolivia as collateral for deposits received from the public. These funds have restrictions for their use and are required from all banks in Bolivia.
[10] At December 31, 2018, the balance of securitization instruments includes the following:
[11] At December 31, 2017, the balance of securitization instruments includes the following:
[12] The restricted mutual funds comprise the participation quotas in the private pension funds managed by the Group, and are maintained in compliance with the legal regulations in Peru. Their availability is restricted and the yield received is the same as that received by the private pension funds managed.
[13] At December 31, 2017, certificates of deposit issued by the Central Bank of Bolivia are mainly denominated in Bolivianos.