v3.26.1
CASH COLLATERAL, REVERSE REPURCHASE AGREEMENTS AND SECURITIES BORROWING AND PAYABLES FROM REPURCHASE AGREEMENTS AND SECURITIES LENDING
 12 Months Ended
Dec. 31, 2025
CASH COLLATERAL, REVERSE REPURCHASE AGREEMENTS AND SECURITIES BORROWING AND PAYABLES FROM REPURCHASE AGREEMENTS AND SECURITIES LENDING [Abstract]  
CASH COLLATERAL, REVERSE REPURCHASE AGREEMENTS AND SECURITIES BORROWING AND PAYABLES FROM REPURCHASE AGREEMENTS AND SECURITIES LENDING CASH COLLATERAL, REVERSE REPURCHASE AGREEMENTS AND SECURITIES BORROWING AND PAYABLES FROM REPURCHASE AGREEMENTS AND SECURITIES LENDING
a)    We present below the composition of cash collateral, reverse repurchase agreements, securities borrowing and financial transactions to be settled:
20252024
S/(000)S/(000)
Reverse repurchase agreement and security borrowings (i)1,400,487 670,454 
Cash collateral on repurchase agreements and security lendings (ii)
287,907 362,723 
Financial transactions to be settled (iii)488,806 — 
Total2,177,200 1,033,177 
(i) Credicorp, through its subsidiaries, provides financing to its customers through reverse repurchase agreements and securities borrowing, in which a financial instrument serves as collateral. Details of said transactions are as follows:
20252024
Currency
Average
interest
rate
Up to 3
days
From 3 to
30 days
More
than 30
days
Carrying
amount
Fair value
of
underlying
assets
Average
interest
rate
Up to 3
days
From 3 to
30 days
More
than 30
days
Carrying
amount
Fair value
of
underlying
assets
%S/(000)S/(000)S/(000)S/(000)S/(000)%S/(000)S/(000)S/(000)S/(000)S/(000)
Instruments issued by the
Colombian Government(*)
Colombian pesos
8.27 105,484 878,326 26,166 1,009,976 997,089 8.09 174,598 274,114 154,743 603,455 594,096 
Instruments issued by the Chilean GovernmentChilean
pesos		0.40 19,326 – – 19,326 19,326 — – – – – – 
Other instruments
Several
1.80 78,985 292,200 – 371,185 347,484 2.64 34,065 9,562 23,372 66,999 66,993 
203,795 1,170,526 26,166 1,400,487 1,363,899 208,663 283,676 178,115 670,454 661,089 
(*) This mainly corresponds to Credicorp Capital Colombia, an entity that acquired sovereign financial instruments issued by the Government of Colombia, for an amount equivalent to S/817.7 million.
(ii)    As of December 31, 2025, the balance mainly comprises cash guarantees in U.S. Dollar and Bolivianos. Cash guarantees were delivered to the Central Bank of Bolivia, received in Bolivianos and U.S. Dollar for the equivalent of S/275.3 million (S/343.6 million, as of December 31, 2024).
The guarantee fund accrues interest at an average annual effective rate in accordance with market rates. The liability related to this transaction is presented under the heading "Accounts payable for repurchase and lending agreements of securities" in the consolidated statement of financial position, see paragraph (c).
(iii)    As of December 31, 2025, the Group reports accounts receivable arising from short sale transactions carried out with various financial counterparties. These transactions are pending settlement and are expected to be settled in the coming days.
b)    Credicorp, through its subsidiaries, obtains financing through “Payables from repurchase agreements and securities lending” by selling financial instruments and committing to repurchase them at future dates, including interest at a fixed rate. The details of said transactions are as follows:
20252024
Currency
Average
interest
rate
Up to 3
days
From 3 to
30 days
More than
30 days
Carrying
amount		Fair value of
underlying assets
Average
interest
rate
Up to 3
days
From 3 to 30 days
More than 30
days
Carrying
amount		Fair value of
underlying assets
%S/(000)S/(000)S/(000)S/(000)S/(000)%S/(000)S/(000)S/(000)S/(000)S/(000)
Debt instruments (c)Several– 178,257 2,295,318 3,954,695 6,428,270 6,755,367 – 281,977 – 7,547,457 7,829,434 8,155,962 
Instruments issued by the
Colombian Government		Colombian Pesos5.63 523,831 726,554 – 1,250,385 1,242,159 4.68 127,103 721,207 – 848,310 848,310 
Instruments issued by the
Chilean Government		Chilean pesos0.38 116,167 – – 116,167 116,197 0.46 83,375 – – 83,375 83,398 
Other instrumentsSeveral0.97 57,746 8,921 382,298 448,965 448,973 5.11 46,843 4,976 247,772 299,591 299,603 
876,001 3,030,793 4,336,993 8,243,787 8,562,696 539,298 726,183 7,795,229 9,060,710 9,387,273 
c)    As of December 31, 2025, and 2024, the Group has repurchased agreements secured with: (i) cash, see Note 4(a) and (ii) investments, see Note 6(b). This item consists of the following:
20252024
CarryingCarrying
CounterpartiesCurrencyMaturityamountCollateralMaturityamountCollateral
S/(000)S/(000)
BCRPSolJanuary 2026 / March 20264,730,494 InvestmentsJanuary 2025 / September 20256,115,254 Investments
Barclays Bank PLCU.S. DollarMarch 2028 / December 2028508,149 Investments−– −
Natixis S.A.SolAugust 2028270,000 InvestmentsAugust 2028270,000 Investments
Banco Central de BoliviaBoliviano / U.S. DollarMarch 2026236,527 Cash / InvestmentsMarch 2026343,571 Cash
Banco Santander PerúSolJanuary 2026200,001 Investments−– −
Banco de la República de ColombiaColombian pesoJanuary 2026178,172 InvestmentsJanuary 2025281,837 Investments
Citigroup Global Markets Limited U.S. DollarAugust 2026151,335 InvestmentsAugust 2026169,380 Investments
Natixis S.A.U.S. DollarAugust 202684,075 InvestmentsAugust 202694,100 Investments
Barclays Capital I.N.C.SolAugust 20289,090 InvestmentsAugust 20289,090 Investments
BCRP - Reactiva Perú (*)Sol−– Loans guaranteed by National GovernmentMay 2025 / December 2025459,775 Loans guaranteed by National Government
BCRP - Reactiva Perú Especial (*)Sol−– Loans guaranteed by National GovernmentOctober 2025 / December 202519,212 Loans guaranteed by National Government
Balance before accrued interest6,367,843 7,762,219 
Accrued interest60,427 67,215 
Total6,428,270 7,829,434 
(*)Relates to contract transactions whereby BCP and Mibanco sell representative credit instruments guaranteed by the Central Reserve Bank of Peru (BCRP), receive Peruvian soles, and are obligated to repurchase them at a later date. The representative credit instruments secured by the National Government guarantee may take the form of a portfolio of representative credit instruments or Participation Certificates in a trust of a loan portfolio guaranteed by the National Government (Special Reactiva). The BCRP will charge a fixed annual interest rate in Peruvian soles of 0.5 percent on the transaction and will include a twelve-month grace period with no payment of interest or principal. As of December 31, 2025, the Bank and its Subsidiaries do not maintain repurchase agreements secured by credits under the Reactiva Perú program (S/533.1 million as of December 31, 2024).
As of December 31, 2025, said operations accrue interest at fixed and variable rates between 3.9 percent and 9.3 percent and daily SOFR between 4.85 percent and 6.66 percent, (between 0.5 percent and 9.5 percent and daily SOFR between 7.02 percent and 7.24 percent, respectively, as of December 31, 2024).