v3.26.1
DUE TO BANKS AND CORRESPONDENTS
 12 Months Ended
Dec. 31, 2025
DUE TO BANKS AND CORRESPONDENTS [Abstract]  
DUE TO BANKS AND CORRESPONDENTS DUE TO BANKS AND CORRESPONDENTS
a)    This item consists of the following:
20252024
S/(000)S/(000)
International funds and others (b)6,127,837 5,821,219 
COFIDE and FONCODES credit line (c)4,494,633 4,550,610 
Inter-bank funds10,001 350,000 
10,632,471 10,721,829 
Interest payable42,767 32,556 
Total10,675,238 10,754,385 
b)    This item consists of the following:
20252024
S/(000)S/(000)
State Bank of India756,675 564,600 
Corporación Financiera de Desarrollo (COFIDE)631,987 115,760 
Bank of America N.A.605,340 564,600 
Caixabank605,340 590,948 
Banco de la Nación600,000 400,000 
Wells Fargo Bank N.A.486,290 – 
Commerzbank AG335,627 376,400 
Sumitomo Mitsui Banking Corporation302,670 752,800 
Banco Interamericano de Desarrollo (BID)184,825 – 
Banco BCI179,396 – 
Banco Bice175,205 104,425 
Bank of New York Mellon168,150 188,200 
Japan International Cooperation Agency168,150 – 
Bancoldex158,595 108,035 
Standard Chartered Bank Hong Kong Ltd.157,388 564,600 
Banco BBVA Perú127,743 110,000 
JP Morgan Chase & Co.104,526 45,365 
ICBC Perú Bank S.A.100,000 60,000 
Banco Internacional95,967 49,947 
Banco Nacional de Bolivia S.A.39,226 54,986 
Banco Bisa S.A.38,655 52,133 
Banco de Occidente35,501 34,162 
Bancolombia S.A.34,182 25,013 
Citibank N.A.697 376,401 
Banco Security4 47,710 
International Finance Corporation (IFC) (i)– 570,540 
Others minors35,698 64,594 
Total6,127,837 5,821,219 
As of December 31, 2025, the loans have maturities between January 2026 and April 2035 (between January 2025 and April 2035 as of December 31, 2024) and bear interest at rates in soles that fluctuate between 4.78 percent and 11.40 percent (rates in soles between 5.03 percent and 7.86 percent as of December 31, 2024), and bear the following rates in foreign currency:
20252024
MinMaxMinMax
%%%%
U.S. Dollar4.17 6.00 4.80 6.14 
Boliviano
6.00 8.85 4.90 6.90 
Colombian Peso0.45 10.68 0.45 13.95 
(i)    As of December 31, 2024, the Group maintain cross currency swaps (CCS) that were designated as cash flow hedges of certain repo operations in US Dollars for a nominal amount of US$60.0 million, equivalent to S/225.8 million, see Note 12(c).
c)    Promotional credit lines represent loans granted by Corporación Financiera de Desarrollo and Fondo de Cooperación para el Desarrollo Social (COFIDE and FONCODES for their Spanish acronyms, respectively) to promote the development of Peru, they mature between January 2026 and January 2032 and bear annual interest in soles at rates that fluctuate between 6.00 percent and 7.60 percent and interest in foreign currency at 7.75 percent as of December 31, 2025 (between January 2025 and January 2032 and with annual interest in soles at rates that fluctuate between 6.00 percent and 7.60 percent and interest in foreign currency between 7.75 percent as of December 31, 2024). These lines of credit are guaranteed with a portfolio of Fondo Mi Vivienda mortgage loans amounting S/4,494.6 million and S/4,550.6 million, as of December 31, 2025, and 2024 respectively.
d)    The following table presents the maturities of due to banks and correspondents as of December 31, 2025 and 2024 based on the period remaining to maturity:
20252024
S/(000)S/(000)
Up to 3 months3,008,544 2,137,820 
From 3 months to 1 year1,384,347 3,320,059 
From 1 to 3 years2,780,799 1,662,047 
From 3 to 5 years773,823 824,015 
More than 5 years2,684,958 2,777,888 
Total10,632,471 10,721,829 
e)    As of December 31, 2025, and 2024, lines of credit granted by various local and foreign financial institutions, to be used for future operating activities total S/10,622.5 million and S/10,371.8 million, respectively.
f)    Certain debts to banks, correspondents and other entities include specific agreements on how the funds received should be used, the financial conditions that the Bank must maintain, as well as other administrative matters. In Management’s opinion, these specific agreements have been fulfilled by the Bank as of December 31, 2025, and 2024.