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BONDS AND NOTES ISSUED, Summary of Bonds and Notes Issued (Details)
¥ in Thousands, S/ in Thousands, Bs. in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2024
PEN (S/)
Dec. 31, 2023
PEN (S/)
Dec. 31, 2024
USD ($)
Dec. 31, 2024
JPY (¥)
Dec. 31, 2024
BOB (Bs.)
Sep. 17, 2024
Dec. 31, 2023
USD ($)
Dec. 31, 2023
JPY (¥)
Dec. 31, 2023
BOB (Bs.)
Sep. 19, 2023
PEN (S/)
Sep. 19, 2023
JPY (¥)
Jun. 21, 2022
USD ($)
Mar. 30, 2021
PEN (S/)
Disclosure of detailed information about borrowings [Abstract]                          
Carrying amount S/ 17,023,586 S/ 14,373,760                      
Interest payable 244,857 221,025                      
Notes and debentures issued S/ 17,268,443 S/ 14,594,785                      
Minimum [Member]                          
Disclosure of detailed information about borrowings [Abstract]                          
Maturity January 2025 January 2024                      
Maximum [Member]                          
Disclosure of detailed information about borrowings [Abstract]                          
Maturity April 2035 April 2035                      
Senior Notes One [Member]                          
Disclosure of detailed information about borrowings [Abstract]                          
Annual interest rate 2.70%   2.70% 2.70% 2.70%                
Senior Notes One [Member] | Cash Flow Hedges [Member]                          
Disclosure of detailed information about borrowings [Abstract]                          
Issued amount S/ 828,100 S/ 816,000 $ 220,000       $ 220,000            
Senior Notes One [Member] | Banco de Credito del Peru [Member]                          
Disclosure of detailed information about borrowings [Abstract]                          
Interest payment [1] Semi-annual                        
Maturity [1] January 2025 January 2025                      
Issued amount | $ [1]     700,000       700,000            
Carrying amount [1] S/ 2,604,249 S/ 2,571,032                      
Senior Notes One [Member] | Banco de Credito del Peru [Member] | Cash Flow Hedges [Member]                          
Disclosure of detailed information about borrowings [Abstract]                          
Issued amount [1] S/ 828,080   $ 220,000                    
Senior Notes One [Member] | Banco de Credito del Peru [Member] | Fixed Interest Rate [Member]                          
Disclosure of detailed information about borrowings [Abstract]                          
Annual interest rate [1] 2.70%   2.70% 2.70% 2.70%                
Senior Notes Two [Member]                          
Disclosure of detailed information about borrowings [Abstract]                          
Annual interest rate 7.85%   7.85% 7.85% 7.85%                
Senior Notes Two [Member] | Banco de Credito del Peru [Member]                          
Disclosure of detailed information about borrowings [Abstract]                          
Interest payment [2] Semi-annual                        
Maturity [2] January 2029                        
Issued amount | $ [2]     $ 500,000                    
Carrying amount [2] S/ 1,862,468                        
Senior Notes Two [Member] | Banco de Credito del Peru [Member] | Fixed Interest Rate [Member]                          
Disclosure of detailed information about borrowings [Abstract]                          
Annual interest rate [2] 5.85%   5.85% 5.85% 5.85%                
Senior Notes Three [Member]                          
Disclosure of detailed information about borrowings [Abstract]                          
Interest payment [3] Semi-annual                        
Maturity [3] June 2025 June 2025                      
Issued amount S/ 1,829,300 S/ 1,802,600 $ 500,000 [3]       500,000 [3]            
Carrying amount S/ 1,810,391 [3] S/ 1,706,587 [3] $ 486,000       $ 486,000            
Senior Notes Three [Member] | Fixed Interest Rate [Member]                          
Disclosure of detailed information about borrowings [Abstract]                          
Annual interest rate [3] 2.75%   2.75% 2.75% 2.75%                
Senior Notes Four [Member]                          
Disclosure of detailed information about borrowings [Abstract]                          
Annual interest rate                       5.05%  
Issued amount | $                       $ 30,000  
Senior Notes Four [Member] | Banco de Credito del Peru [Member]                          
Disclosure of detailed information about borrowings [Abstract]                          
Interest payment [2] Semi-annual                        
Maturity [2] January 2029                        
Issued amount [2] S/ 1,150,000                        
Carrying amount [2] S/ 1,150,000                        
Senior Notes Four [Member] | Banco de Credito del Peru [Member] | Fixed Interest Rate [Member]                          
Disclosure of detailed information about borrowings [Abstract]                          
Annual interest rate [2] 7.85%   7.85% 7.85% 7.85%                
Senior Notes Five [Member] | Cash Flow Hedges [Member]                          
Disclosure of detailed information about borrowings [Abstract]                          
Annual interest rate   0.97%         0.97% 0.97% 0.97%        
Maturity November 19, 2025                        
Issued amount S/ 71,900     ¥ 3,000,000           S/ 78,900 ¥ 3,000,000    
Senior Notes Five [Member] | Banco de Credito del Peru [Member]                          
Disclosure of detailed information about borrowings [Abstract]                          
Interest payment [4] Semi-annual                        
Maturity [4] June 2027 June 2027                      
Issued amount | $ [4]     $ 30,000       $ 30,000            
Carrying amount [4] S/ 112,471 S/ 111,143                      
Senior Notes Five [Member] | Banco de Credito del Peru [Member] | Fixed Interest Rate [Member]                          
Disclosure of detailed information about borrowings [Abstract]                          
Annual interest rate [4] 5.05%   5.05% 5.05% 5.05%                
Senior Notes Six [Member] | Banco de Credito del Peru [Member]                          
Disclosure of detailed information about borrowings [Abstract]                          
Interest payment [5] Semi-annual                        
Maturity [5] November 2025 November 2025                      
Issued amount | ¥ [5]       ¥ 3,000,000       ¥ 3,000,000          
Carrying amount [5] S/ 71,796 S/ 78,828                      
Senior Notes Six [Member] | Banco de Credito del Peru [Member] | Cash Flow Hedges [Member]                          
Disclosure of detailed information about borrowings [Abstract]                          
Issued amount [5] S/ 71,940     ¥ 3,000,000                  
Senior Notes Six [Member] | Banco de Credito del Peru [Member] | Fixed Interest Rate [Member]                          
Disclosure of detailed information about borrowings [Abstract]                          
Annual interest rate [5] 0.97%   0.97% 0.97% 0.97%                
Senior Notes Seven [Member]                          
Disclosure of detailed information about borrowings [Abstract]                          
Annual interest rate           4.65%              
Senior Notes Seven [Member] | Banco de Credito del Peru [Member]                          
Disclosure of detailed information about borrowings [Abstract]                          
Interest payment [6] Semi-annual                        
Maturity [6]   September 2024                      
Issued amount [6]   S/ 2,900,000                      
Carrying amount [6]   2,496,413                      
Senior Notes Seven [Member] | Banco de Credito del Peru [Member] | Fixed Interest Rate [Member]                          
Disclosure of detailed information about borrowings [Abstract]                          
Annual interest rate [6] 4.65%   4.65% 4.65% 4.65%                
Corporate Bonds and Senior Notes [Member]                          
Disclosure of detailed information about borrowings [Abstract]                          
Carrying amount S/ 7,633,816 S/ 7,046,715                      
Corporate Bonds, First Program, First Issuance Series A [Member] | MiBanco Colombia [Member]                          
Disclosure of detailed information about borrowings [Abstract]                          
Interest payment Quarterly                        
Maturity January 2025 January 2025                      
Issued amount | $     $ 112,500       112,500            
Carrying amount S/ 22,441 S/ 82,712                      
Corporate Bonds, First Program, First Issuance Series A [Member] | MiBanco Colombia [Member] | Fixed Interest Rate [Member]                          
Disclosure of detailed information about borrowings [Abstract]                          
Annual interest rate 9.00%   9.00% 9.00% 9.00%                
Subordinated Bonds [Member]                          
Disclosure of detailed information about borrowings [Abstract]                          
Carrying amount S/ 8,016,712 S/ 5,680,120                      
Subordinated Bonds One [Member] | Banco de Credito del Peru [Member]                          
Disclosure of detailed information about borrowings [Abstract]                          
Interest payment [7] Semi-annual                        
Maturity [7] July 2030 / September 2031 July 2030 / September 2031                      
Issued amount | $ [7]     $ 1,350,000       1,350,000            
Carrying amount [7] S/ 5,049,870 S/ 4,954,968                      
Subordinated Bonds One [Member] | Banco de Credito del Peru [Member] | Fixed Interest Rate [Member] | Minimum [Member]                          
Disclosure of detailed information about borrowings [Abstract]                          
Annual interest rate [7] 3.13%   3.13% 3.13% 3.13%                
Subordinated Bonds One [Member] | Banco de Credito del Peru [Member] | Fixed Interest Rate [Member] | Maximum [Member]                          
Disclosure of detailed information about borrowings [Abstract]                          
Annual interest rate [7] 3.25%   3.25% 3.25% 3.25%                
Subordinated Bonds Two [Member] | Banco de Credito del Peru [Member]                          
Disclosure of detailed information about borrowings [Abstract]                          
Interest payment [8] Semi-annual                        
Maturity [8] March 2035                        
Issued amount | $ [8]     $ 600,000                    
Carrying amount [8] S/ 2,241,242                        
Subordinated Bonds Two [Member] | Banco de Credito del Peru [Member] | Fixed Interest Rate [Member] | Minimum [Member]                          
Disclosure of detailed information about borrowings [Abstract]                          
Annual interest rate [8] 5.80%   5.80% 5.80% 5.80%                
Subordinated Bonds, Second Program, Second Issuance Series A [Member] | Pacifico Seguros [Member]                          
Disclosure of detailed information about borrowings [Abstract]                          
Interest payment Semi-annual                        
Maturity May 2033 May 2033                      
Issued amount | $     $ 60,000       60,000            
Carrying amount S/ 225,840 S/ 185,450                      
Subordinated Bonds, Second Program, Second Issuance Series A [Member] | Pacifico Seguros [Member] | Fixed Interest Rate [Member]                          
Disclosure of detailed information about borrowings [Abstract]                          
Annual interest rate 8.00%   8.00% 8.00% 8.00%                
Subordinated Bonds, Second Program, Second Issuance Series B [Member] | Pacifico Seguros [Member]                          
Disclosure of detailed information about borrowings [Abstract]                          
Interest payment Semi-annual                        
Maturity December 2030 December 2030                      
Issued amount | $     $ 50,000       50,000            
Carrying amount S/ 171,365 S/ 205,952                      
Subordinated Bonds, Second Program, Second Issuance Series B [Member] | Pacifico Seguros [Member] | Fixed Interest Rate [Member]                          
Disclosure of detailed information about borrowings [Abstract]                          
Annual interest rate 4.41%   4.41% 4.41% 4.41%                
Subordinated Bonds, Second Program, First Issuance Series B [Member] | MiBanco [Member]                          
Disclosure of detailed information about borrowings [Abstract]                          
Interest payment Semi-annual                        
Maturity June 2027 June 2027                      
Issued amount S/ 30,000 S/ 30,000                      
Carrying amount S/ 30,000 S/ 30,000                      
Subordinated Bonds, Second Program, First Issuance Series B [Member] | MiBanco [Member] | Fixed Interest Rate [Member]                          
Disclosure of detailed information about borrowings [Abstract]                          
Annual interest rate 7.22%   7.22% 7.22% 7.22%                
Subordinated Bonds, Third program, Issuance IV [Member] | Banco De Credito De Bolivia [Member]                          
Disclosure of detailed information about borrowings [Abstract]                          
Interest payment Semi-annual                        
Maturity February 2033 February 2033                      
Issued amount | Bs.         Bs. 120,810       Bs. 137,200        
Carrying amount S/ 63,707 S/ 65,562                      
Subordinated Bonds, Third program, Issuance IV [Member] | Banco De Credito De Bolivia [Member] | Fixed Interest Rate [Member]                          
Disclosure of detailed information about borrowings [Abstract]                          
Annual interest rate 5.85%   5.85% 5.85% 5.85%                
Subordinated Bonds, Third program, Issuance III [Member] | Banco De Credito De Bolivia [Member]                          
Disclosure of detailed information about borrowings [Abstract]                          
Interest payment Semi-annual                        
Maturity August 2030 August 2030                      
Issued amount | Bs.         Bs. 100,000       100,000        
Carrying amount S/ 52,268 S/ 54,067                      
Subordinated Bonds, Third program, Issuance III [Member] | Banco De Credito De Bolivia [Member] | Fixed Interest Rate [Member]                          
Disclosure of detailed information about borrowings [Abstract]                          
Annual interest rate 6.00%   6.00% 6.00% 6.00%                
Subordinated Bonds, Third program, Issuance I [Member] | Banco De Credito De Bolivia [Member]                          
Disclosure of detailed information about borrowings [Abstract]                          
Interest payment Semi-annual                        
Maturity August 2028 August 2028                      
Issued amount | Bs.         Bs. 70,000       Bs. 70,000        
Carrying amount S/ 36,146 S/ 37,847                      
Subordinated Bonds, Third program, Issuance I [Member] | Banco De Credito De Bolivia [Member] | Fixed Interest Rate [Member]                          
Disclosure of detailed information about borrowings [Abstract]                          
Annual interest rate 6.25%   6.25% 6.25% 6.25%                
Subordinated Bonds Fourth Program First Issuance Series A [Member] | MiBanco [Member]                          
Disclosure of detailed information about borrowings [Abstract]                          
Interest payment [9] Semi-annual                        
Maturity [9] March 2031 March 2031                      
Issued amount S/ 155,000 [9] S/ 155,000 [9]                     S/ 155,000
Carrying amount [9] S/ 146,274 S/ 146,274                      
Subordinated Bonds Fourth Program First Issuance Series A [Member] | MiBanco [Member] | Fixed Interest Rate [Member]                          
Disclosure of detailed information about borrowings [Abstract]                          
Annual interest rate 5.84% [9]   5.84% [9] 5.84% [9] 5.84% [9]               584.00%
Negotiable Certificates of Deposit [Member] | MiBanco Colombia [Member]                          
Disclosure of detailed information about borrowings [Abstract]                          
Interest payment To maturity                        
Maturity January 2025 / October 2027 January 2024 / January 2027                      
Issued amount | $     $ 1,343,411       $ 1,295,640            
Carrying amount S/ 1,254,245 S/ 1,239,824                      
Negotiable Certificates of Deposit [Member] | MiBanco Colombia [Member] | Fixed Interest Rate [Member] | Minimum [Member]                          
Disclosure of detailed information about borrowings [Abstract]                          
Annual interest rate 1.00%   1.00% 1.00% 1.00%                
Negotiable Certificates of Deposit [Member] | MiBanco Colombia [Member] | Fixed Interest Rate [Member] | Maximum [Member]                          
Disclosure of detailed information about borrowings [Abstract]                          
Annual interest rate 17.20%   17.20% 17.20% 17.20%                
Negotiable Certificates of Deposit [Member] | MiBanco [Member]                          
Disclosure of detailed information about borrowings [Abstract]                          
Interest payment Annual                        
Maturity January 2025 / September 2026 January 2024 / June 2025                      
Issued amount S/ 314,870 S/ 407,101                      
Carrying amount S/ 118,813 S/ 407,101                      
Negotiable Certificates of Deposit [Member] | MiBanco [Member] | Fixed Interest Rate [Member] | Minimum [Member]                          
Disclosure of detailed information about borrowings [Abstract]                          
Annual interest rate 3.30%   3.30% 3.30% 3.30%                
Negotiable Certificates of Deposit [Member] | MiBanco [Member] | Fixed Interest Rate [Member] | Maximum [Member]                          
Disclosure of detailed information about borrowings [Abstract]                          
Annual interest rate 5.47%   5.47% 5.47% 5.47%                
[1] The Bank issued Senior Notes under the Medium-Term Program proof approximately US$700.0 million at a semi-annual coupon rate of 2.70 percent maturing in January 2025. From December 11, 2024 onwards, the Bank can redeem the total or part of the notes to a redemption price equal to 100.0 percent of the aggregate principal amount of the notes to be redeemed. The payment of principal will take place on the due date or when the Bank redeems the notes. On December 31, 2024, the Bank maintains a CCS which was designated as cash flows hedges of a part of Senior Notes in U.S Dollar subject to exchange rate risk for a notional amount of US$220.0 million, equivalent to S/828.1 million (US$220.0 million equivalent to S/816.0 million, as of December 31, 2023), see note 12(c). By means of the CCS, the cover part of senior notes was economically converted to soles.
[2] On January 11, 2024, the Bank issued Senior Notes under its Medium-Term Notes program for a total amount of US$ 500.0 million in U.S. Dollars, with a coupon rate of 5.85 percent, and S/1,150.0 million in Peruvian Soles, with a coupon rate of 7.85 percent; both issuances mature in January 2029. Prior to December 11, 2028, the Bank may redeem all or part of the Senior Notes at a redemption price equal to the greater of (i) 100.0 percent of the principal amount of the Senior Notes, or (ii) the sum of the remaining cash flows discounted at a rate equivalent to the U.S. Treasury interest rate plus 30 basis points (for the U.S. Dollar issuance) and the interest rate of Peruvian Government Sovereign Bonds or another comparable security plus 30 basis points (for the Peruvian Soles issuance). The principal payment will be made on the maturity date of the Senior Notes or upon their redemption by the Bank. From December 11, 2028, onwards, the Bank may redeem all or part of the Notes at a redemption price equal to 100.0 percent of the aggregate principal amount of the Notes being redeemed.
[3] As of December 31, 2024, Credicorp Ltd. holds Senior Notes for approximately US$486.0 million, equivalent to S/1,829.3 million (US$486.0 million, equivalent to S/1,802.6 million as of December 31, 2023) at a fixed rate and maturing on June 17, 2025.All or part of the notes may be redeemed primarily in the following ways: (i) on any date prior to May 17, 2025, upon full or partial repurchase, bearing as a penalty an interest rate equal to the U.S. Treasury rate plus 40 basis points, and (ii) on any date on or after May 17, 2025, at par value. Principal will be paid on the maturity date or upon redemption of the notes.
[4] On June 21, 2022, the Bank issued senior notes under the medium-term bond program amounting to US$30.0 million at a semi-annual rate of 5.05 percent maturing in June 2027. An amount equivalent to the net proceeds from the offering will be used to finance or refinance, in whole or in part, new or existing green Eligible Projects, as per BCP’s Sustainability Financing Framework dated January 2022. The Bank may redeem all or part of the notes at a redemption price equal to 100.0 percent of the aggregate amount of the principal of the notes to be redeemed.
[5] On September 19, 2023, the Bank issued Senior Notes for approximately ¥3,000.0 million, equivalent to S/78.9 million as of December 31,2023, with a fixed rate of 0.97 percent, whose maturity on November 19, 2025.. As of December 31, 2024, the Bank agreed to a cross currency swap (CCS) for a nominal amount of ¥3,000.0 million equivalent to S/71.9 million, see Note 12(c), which was broken down by risk variables into two cross currency swap (CCS) in order to designate them as a cash flow hedge of a fixed-rate yen issued bond, which was converted to Soles at a fixed rate and as cash flow hedge of loans.
[6] September 17, 2024, the bond was fully redeemed. This bond was issued in September 2019 under the framework of the Medium-Term Notes Program for S/2,500.0 million, with a semi-annual coupon rate of 4.65 percent, maturing in September 2024.
[7] On July 1, 2020, the Bank issued Subordinated Notes under the medium-term bond program amounting to US$850.0 million at a semiannual rate of 3.13 percent maturing in July 2030 called “3.13  percent Fixed Rate Subordinated Notes Due 2030 (Callable 2025).” As of July 1, 2025, it will be paid a fixed interest rate equal to States of U.S. Treasury interest rate, comparable to5 years, plus 300.0 basis point. On July 1, 2025, the Bank may redeem all or part of the notes at a redemption price that is equal to 100.0 percent of the aggregate principal amount of the notes to be redeemed. Thereafter, the Bank may redeem all or part of the notes at a redemption price equal to the higher of (i) 100.0 percent of the principal amount of the notes and (ii) the sum of the remaining flows discounted to a rate equivalent to the United States Treasury interest rate plus 45 basis points. The payment of the principal will take place on the expiration date of the notes or when the Bank redeems them.On the other hand, effective March 30, 2021, the Bank issued Subordinated Notes under the Medium-Term Bond Program for US$500.0 million at a semi-annual coupon rate of 3.25 percent maturing in September 2031. called “Subordinated Bonds at a Fixed Interest Rate at 3.25 percent maturing in 2031 (Callable in 2026)”. As of September 30, 2026, a fixed interest rate will be paid equal to the United States Treasury interest rate, comparable to 5 years, plus 245.0 basis points. On September 30, 2026, the Bank may redeem all or part of the subordinated notes at a redemption price that is equal to 100.0 percent of the aggregate principal amount of the subordinated notes to be redeemed. Thereafter, the Bank may redeem all or part of the subordinated notes at a redemption price that is equal to the greater of (i) 100.0 percent of the principal amount of the subordinated notes and (ii) the sum of the cash flows remaining discounted at a rate equivalent to the United States Treasury interest rate plus 40 basis points. Principal payment will take place on the maturity date of the subordinated notes or when the Bank redeems them.
[8] On September 10, 2024, the Bank issued Subordinated Notes under the framework of its Medium-Term Notes Program for US$ 600.0 million at a semi-annual coupon rate of 5.80 percent, maturing in March 2035, designated as “5.8 Subordinated Fixed-to-Fixed Rate Notes due 2035 (Callable 2030)”. Starting on March 10, 2030, the notes will bear a fixed interest rate equal to the U.S. Treasury interest rate for a comparable 5-year term plus 224.0 basis points. From March 30, 2030, onwards, the Bank may redeem all or part of the Subordinated Notes at a redemption price equal to 100.0 percent of the aggregate principal amount of the notes being redeemed. Thereafter, the Bank may redeem all or part of the Subordinated Notes at a redemption price equal to the greater of (i) 100.0 percent of the principal amount of the Subordinated Notes or (ii) the sum of the remaining cash flows discounted at a rate equivalent to the U.S. Treasury interest rate plus 35 basis points. The principal payment will be made on the maturity date of the Subordinated Notes or upon their redemption by the Bank.
[9] As of March 30, 2021, Mibanco S.A. issued the Fourth Subordinated Bond Program, Series A, for S/155.0 million at a fixed rate of 5.84 percent, maturing on March 31, 2031. The principal payment will be made on the maturity date or upon redemption by Mibanco S.A., provided that a minimum period of five years has elapsed since the issuance date.