v3.26.1
PROPERTY, FURNITURE AND EQUIPMENT, NET
 12 Months Ended
Dec. 31, 2025
Disclosure of detailed information about property, plant and equipment [abstract]  
PROPERTY, FURNITURE AND EQUIPMENT, NET PROPERTY, FURNITURE AND EQUIPMENT, NET
a)    The composition of property, furniture and equipment and accumulated depreciation, for the years ended December 31, 2025, 2024, and 2023 is as follows:

Land
Buildings and
other
constructions
Installations
Furniture
and fixtures
Computer
hardware
Vehicles
and
equipment
Work in
progress
202520242023
S/(000)
S/(000)
S/(000)
S/(000)
S/(000)
S/(000)
S/(000)
S/(000)
S/(000)
S/(000)
Cost -
Balance as of January 1294,154 1,174,807 869,849 505,767 660,837 106,043 91,017 3,702,474 3,572,286 3,463,196 
Additions22,824 73,829 44,910 55,550 34,940 3,347 99,780 335,180 310,144 322,371 
Acquisition of business, Note 2(a) (*)
318,329 297,627 4,067 23,277 7,762 58,828 21,826 731,716 – 455 
Transfers– 3,922 26,644 14,916 17,756 2,059 (65,297)– – – 
Disposals and others (**)(106,045)(122,792)(41,096)(22,247)(39,056)6,399 (44,848)(369,685)(179,956)(213,736)
Balance as of December 31529,262 1,427,393 904,374 577,263 682,239 176,676 102,478 4,399,685 3,702,474 3,572,286 
Accumulated depreciation -
Balance as of January 1– 751,306 599,278 330,257 491,962 91,062 – 2,263,865 2,214,761 2,182,098 
Depreciation of the period– 15,243 45,512 35,849 70,806 20,394 – 187,804 153,531 129,108 
Disposals and others (**)– (25,039)(31,562)(22,608)(37,659)(4,133)– (121,001)(104,427)(96,445)
Balance as of December 31– 741,510 613,228 343,498 525,109 107,323 – 2,330,668 2,263,865 2,214,761 
Net carrying amount529,262 685,883 291,146 233,765 157,130 69,353 102,478 2,069,017 1,438,609 1,357,525 
Banks, financial institutions and insurance entities operating in Peru cannot pledge their fixed assets.
During 2025, 2024 and 2023 the Group, as part of its investment in fixed assets, made disbursements mainly related to the renovation of its various branches and the purchase of computer equipment, furniture, and fixtures. The Group maintains insurance on its main assets in accordance with the policies established by Management.
The Group maintains insurance coverage over its main assets in accordance with policies established by Management.
As of December 31, 2025, additions include S/50.5 million, corresponding to the value of foreclosed properties that were transferred as property of the Group in October 2025.
Management periodically reviews the residual value of the assets, their useful life, and the depreciation method used, in order to ensure that they remain consistent with the economic benefits and expected lifespan. In the opinion of the Group’s Management, there is no evidence of impairment in the value of the fixed assets held by the Group as of December 31, 2025, December 31, 2024, and December 31, 2023.
As a result of the implementation of IFRS 17, the depreciation expense of property and equipment is allocated in the consolidated statement of income between depreciation expense and the expense attributable to insurance and reinsurance results, amounting to S/181.4 million and S/6.4 million for the year 2025; S/149.9 million and S/3.6 million, respectively, for the year 2024; and S/125.0 million and S/4.1 million, respectively, for the year 2023.
(*) The increase is due to the acquisition of Pacífico EPS and Subsidiaries in March 2025, see Note 2(a).
(**) Includes transactions related to the sale, retirement and other disposals of assets that are no longer required for the Group’s operations.