v3.26.1
DEPOSITS AND OBLIGATIONS
 12 Months Ended
Dec. 31, 2025
Deposits from customers [abstract]  
DEPOSITS AND OBLIGATIONS DEPOSITS AND OBLIGATIONS
a)    This item consists of the following:
20252024
S/(000)S/(000)
Saving deposits67,811,945 59,757,825 
Demand deposits57,051,970 52,590,952 
Time deposits (c)40,362,433 44,116,438 
Severance indemnity deposits3,192,564 2,996,020 
Bank’s negotiable certificates981,822 1,101,347 
Total169,400,734 160,562,582 
Interest payable1,000,899 1,279,484 
Total170,401,633 161,842,066 
The Group has established a policy to remunerate demand deposits and savings accounts according to a growing interest rate scale, based on the average balance maintained in those accounts; on the other hand, according to its policy, balances that are lower than a specified amount for each type of account do not bear interest. Also, time deposits earn interest at market rates.
Interest rates are determined by the Group considering the interest rates prevailing in the market in which each of the Group’s subsidiaries operates.
b)    The amounts of non-interest-bearing and interest-bearing deposits and obligations without consider accrued interest are presented below:
20252024
S/(000)S/(000)
Non-interest-bearing -
In Peru46,864,322 42,057,905 
In other countries5,352,964 5,102,286 
52,217,286 47,160,191 
Interest-bearing -
In Peru110,071,732 104,085,586 
In other countries7,111,716 9,316,805 
117,183,448 113,402,391 
Total169,400,734 160,562,582 
c)    The balance of time deposits classified by maturity is as follows:
20252024
S/(000)S/(000)
Up to 3 months27,618,567 27,772,950 
From 3 months to 1 year8,525,964 10,886,485 
From 1 to 3 years1,398,094 1,754,547 
From 3 to 5 years590,673 478,235 
More than 5 years2,229,135 3,224,221 
Total40,362,433 44,116,438 
In Management’s opinion the Group’s deposits and obligations are diversified with no significant concentration as of December 31, 2025, and 2024.
As of December 31, 2025, and 2024, the balance of deposits and obligations, guaranteed by the Peruvian “Fondo de Seguro de Depositos” (Deposit Insurance Fund) amounts to approximately S/68,559.0 million and S/59,414.0 million, respectively. At said dates, maximum amount of coverage per depositor recognized by “Fondo de Seguro de Depositos” totaled S/116,700.0 and S/121,600.0, respectively.
As of December 31, 2025 and 2024, the balance of deposits and obligations of Banco de Crédito Bolivia guaranteed by the “Fondo de Protección al Ahorrista” (FPAH, for its Spanish acronym) of Bolivia, amounts to Bs1,684.5 million (equivalent to S/673.3 million) and Bs1,385.6 million (equivalent to S/760.4 million), respectively. At said dates, maximum amount of coverage per depositor recognized by “FPAH” totaled Bs155,530.3 and Bs102,593.9 (equivalent to S/62,163.8 and S/56,300.4, respectively).
As of December 31, 2025, and 2024, the balance of deposits and obligations of Mibanco Colombia guaranteed by the “Fondo de Garantía de las Instituciones Financieras” (FOGAFIN, for its Spanish acronym) of Colombia, amounts to $62,852.3 million colombian pesos (equivalent to S/56.0 million) and $59,612.9 million colombian pesos (equivalent to S/50.9 million), respectively. At said dates, maximum amount of coverage per depositor recognized by “Fogafín” totaled $50.0 million colombian pesos (equivalent to S/44,550.0 and S/42,700.0, respectively).