v3.26.1
MATERIAL ACCOUNTING POLICIES (Tables)
 12 Months Ended
Dec. 31, 2025
MATERIAL ACCOUNTING POLICIES [Abstract]  
Schedule of Detailed Information About Basis of Consolidation
As of December 31, 2025 and 2024, the following entities comprise the Group (the individual or consolidated figures of their financial statements are presented in accordance with IFRS Accounting Standards and before eliminations for consolidation purposes, except for the elimination of Credicorp’s treasury shares and its related dividends):
EntityActivity and country of
incorporation		Percentage of interest
(direct and indirect)		AssetsLiabilitiesEquityNet profit (loss)
20252024202520242025202420252024202520242023
%%S/(000)S/(000)S/(000)S/(000)S/(000)S/(000)S/(000)S/(000)S/(000)
Grupo Crédito S.A. and Subsidiaries (i)Holding, Peru100.00 100.00 241,448,365 231,724,646 203,624,697 197,418,592 37,823,668 34,306,054 6,475,332 5,179,505 4,562,831 
Pacífico Compañía de Seguros y Reaseguros S.A and Subsidiaries (ii)Insurance, Peru98.86 98.86 20,619,872 17,890,138 16,309,989 14,504,765 4,309,883 3,385,373 784,502 765,767 803,384 
Atlantic Security Holding Corporation and Subsidiaries (iii)Capital Markets,
Cayman Islands		100.00 100.00 5,390,195 6,014,937 4,040,240 5,026,510 1,349,955 988,427 737,562 569,689 474,780 
  Credicorp Capital Ltd. and Subsidiaries (iv)Capital Markets and
Asset management,
Bermudas		100.00 100.00 6,707,397 5,235,733 5,395,856 4,070,432 1,311,541 1,165,301 100,479 58,501 (135,495)
CCR Inc.(v)Special purpose Entity,
Bahamas		100.00 100.00 202 260 1 4 201 256 (55)(22)(106)
(i)Grupo Crédito is a company whose main activities are to carry out management and administration activities of the Credicorp Group’s subsidiaries and invest in shares listed on the Peruvian Stock Exchange and unlisted shares of Peruvian companies. we present the individual or consolidated figures of their financial statements
are presented in accordance with IFRS Accounting Standards and before eliminations for consolidation purposes:
EntityActivity and country of
incorporation		Percentage of interest
(direct and indirect)		AssetsLiabilitiesEquityNet profit (loss)
20252024202520242025202420252024202520242023
%%S/(000)S/(000)S/(000)S/(000)S/(000)S/(000)S/(000)S/(000)S/(000)
Banco de Crédito
del Perú and Subsidiaries (a)		Banking, Peru97.74 97.74 219,933,373 211,086,260 191,487,370 184,934,666 28,446,003 26,151,594 6,500,570 5,311,804 4,583,662 
Inversiones
Credicorp Bolivia S.A. and Subsidiaries (b)		Banking, Bolivia99.92 99.96 10,910,443 14,028,528 10,144,528 13,106,538 765,915 921,990 85,379 92,781 84,898 
Prima AFP (c)Private pension fund
administrator, Peru		100.00 100.00 684,509 657,971 231,235 182,419 453,274 475,552 146,543 132,926 149,549 
Tenpo SpA and Subsidiaries (d)Holding, Chile100.00 100.00 2,063,256 903,698 1,708,824 646,952 354,432 256,746 (148,391)(118,344)(111,692)
Yape Market (e)Digital platform for e‑commerce, Peru100.00 100.00 149,960 119,137 69,283 60,567 80,677 58,570 (7,993)(35,190)(8,345)
Krealo Management (f)Management and development of digital businesses and innovation, Peru99.99 99.99 89,338 54,414 51,766 7,175 37,572 47,239 (72,029)(55,679)— 
Compañía Incubadora de Soluciones Móviles S.A - Culqi (g)Payment Processing Services, Peru100.00 100.00 225,546 200,890 171,339 134,725 54,207 66,165 (62,458)(90,040)(89,075)
Other minors Subsidiaries (h)3,054 2,715 1,105 570 1,949 2,145 (836)(1,194)(565)
a)    BCP was established in 1889 and its activities are regulated by the Superintendency of Banks, Insurance and Pension Funds -Perú (the authority that regulates banking, insurance and pension funds activities in Perú, hereinafter “the SBS”).
Its main Subsidiary is Mibanco, Banco de la Microempresa S.A. (hereinafter “MiBanco”), a banking entity in Perú oriented towards the micro and small business sector. As of December 31, 2025, the assets, liabilities, equity and net result of Mibanco amount to approximately S/18,372.4 million, S/15,570.4 million, S/2,802.0 million and S/455.3 million, respectively (S/16,947.3 million, S/14,279.3 million, S/2,668.0 million and S/309.1 million, respectively December 31, 2024).
b)    Inversiones Credicorp Bolivia S.A. (hereinafter “ICBSA”) was established in February 2013 and its objective is to make capital investments for its own account or for the account of third parties in companies and other entities providing financial services, exercising or determining the management, administration, control and representation thereof, both nationally and abroad, for which it can invest in capital markets, insurance, asset management, pension funds and other related financial and/or stock exchange products.
Its principal Subsidiary is Banco de Crédito de Bolivia (hereinafter “BCB”), a commercial bank which operates in Bolivia. As of December 31, 2025, the assets, liabilities, equity and net result of BCB were approximately S/10,865.5 million, S/10,046.5 million, S/819.0 million and S/85.9 million, respectively (S/13,974.7 million, S/12,968.7 million, S/1,006.0 million and S/93.5 million, respectively as of December 31, 2024).
c)    Prima AFP is a private pension fund administrator, and its activities are regulated by the SBS.
d)    Tenpo SpA (hereinafter “Tenpo", before “Krealo SpA”) was established in Chile in January 2019; and is oriented to make capital investments outside the country. On July 1, 2019, Tenpo (Krealo SpA) acquired Tenpo Technologies SpA (before “Tenpo SpA”) and Tenpo Prepago S.A. (before “Multicaja Prepago S.A.”). This group of companies offers certain financial products and is currently undergoing the regulatory approval process before the Chilean Superintendency of Banks and Financial Institutions for the granting of a banking license and the establishment of Tenpo Bank.
e)    Yape Market S.A.C. (“Yape Market”) was incorporated on July 1, 2022, and its main activity is to offering promotion, sales management, and product and service placement solutions through a digital commerce platform.
f)    Krealo Management S.A. (hereinafter, “Krealo Management”) was incorporated in September 2022 and its objective is to make investments and participate in the equity of other domestic and foreign companies. Its subsidiaries are Wally POS S.A.C., Sami Shop S.A.C., and Monokera S.A.C.
g)    Culqi was created in December 2013, and its principal activity is to provide digital payment processing services, which consist of collecting consumer payments through online or physical platforms.
h)    Other minor subsidiaries include Inversiones 2020 S.A, and Soluciones en Procesamiento S.A.
(ii)    Pacífico Seguros is an entity supervised by the SBS, whose economic activities include the underwriting and administration of general and life insurance policies, reinsurance operations, as well as real estate and financial investments. It has subsidiaries including Crediseguro Seguros Personales, Crediseguro Seguros Generales, Pacífico Asiste, and Pacífico EPS and its subsidiaries, which actively participate in the multiple insurance and health insurance businesses, respectively.
(iii)Its most important subsidiary is ASB Bank Corp. (merged with Atlantic Security Bank on August 2021, was established in September 9, 2020 in the Republic of Panama; its main activities are private and institutional banking services and trustee administration, mainly for BCP’s Peruvian customers.
(iv)Credicorp Capital Ltd. was formed in 2012, and its main subsidiaries are Credicorp Capital Holding Peru (owner of Credicorp Capital Perú S.A.A.), Credicorp Holding Colombia (owner of Credicorp Capital Colombia and Mibanco – Banco de la Microempresa de Colombia S.A.), and Credicorp Capital Holding Chile (owner of Credicorp Capital Chile), which carry out their activities in Peru, Colombia and Chile, respectively. We present below the consolidated financial statements in accordance with IFRS and before eliminations for consolidation purposes:
EntityPercentage of interest
(direct and indirect)		AssetsLiabilitiesEquityNet profit (loss)
20252024202520242025202420252024202520242023
%%S/(000)S/(000)S/(000)S/(000)S/(000)S/(000)S/(000)S/(000)S/(000)
Credicorp Holding Colombia S.A.S. and
Subsidiaries (a)		100.00 100.00 5,518,459 4,204,281 4,591,242 3,404,834 927,217 799,447 88,288 27,913 (163,342)
Credicorp Capital Holding Chile and
Subsidiaries (b)		100.00 100.00 841,116 717,727 673,028 548,753 168,088 168,974 1,345 9,460 (10,716)
Credicorp Capital Holding Perú S.A. and
Subsidiaries (c)		100.00 100.00 293,616 278,115 124,127 111,448 169,489 166,667 21,215 21,958 4,318 
a)    Credicorp Holding Colombia was incorporated in Colombia on March 5, 2012, and its main purpose is the administration, management and increase of its equity through the promotion of industrial and commercial activity, through investment in other companies or legal persons.
Its main subsidiaries are Credicorp Capital Colombia S.A, which was acquired in Colombia in 2012 and merged with Ultraserfinco S.A. In June 2020, this subsidiary is oriented to the activities of commission agents and securities brokers. Likewise, Mibanco Colombia (before Banco Compartir S.A.) was acquired in 2019 and merged with Edyficar S.A.S. in October 2020, this subsidiary is oriented to grant credits to
the micro and small business sector. As of December 31, 2023, Credicorp Holding Colombia has recognized an impairment of the goodwill of Mibanco Colombia for S/64.1 million (Credicorp’s equity holders), see Note 10(b).
As of December 31, 2025, and 2024, the direct and indirect interest held by Credicorp and the assets, liabilities, equity and net income were:
EntityPercentage of interest
(direct and indirect)		AssetsLiabilitiesEquityNet profit (loss)
20252024202520242025202420252024202520242023
%%S/(000)S/(000)S/(000)S/(000)S/(000)S/(000)S/(000)S/(000)S/(000)
Credicorp Capital Colombia S.A.100.00 100.00 2,317,332 1,591,003 2,130,702 1,408,214 186,630 182,789 70,622 75,050 37,120 
Mibanco – Banco de la Microempresa de
Colombia S.A.		99.97 99.97 2,811,815 2,278,827 2,368,964 1,900,048 442,851 378,779 47,037 (9,521)(72,608)
b)    Credicorp Holding Chile was incorporated in Chile on July 18, 2012, and aims to invest for long-term profitable purposes, in corporeal goods (movable and immovable property) and incorporeal, located in Chile or abroad. Its main subsidiary is Credicorp Capital Chile S.A.
c)    Credicorp Capital Holding Perú S.A. was incorporated in Peru on October 30, 2014, and aims to be the Peruvian holding of investment banking. Its main subsidiary Credicorp Capital Perú S.A.A.; which has as its main activity the function of holding shares, participations and transferable securities in general, providing advisory services in corporate and financial matters, and investment in real estate.
(v)CCR Inc. was incorporated in the year 2000. Its main activity is to manage funding granted to BCP by foreign financial entities or investors. These loans matured in the course of 2022 and were guaranteed by transactions carried out by BCP.
Schedule of Discount Rates Applied to Discount Future Cash Flows The discount rates applied to discount future cash flows are summarized below:
1 year3 years5 years
202520242023202520242023202520242023
Soles4.68%4.86%5.98%4.90%5.41%6.18%5.42%6.20%6.62%
Soles VAC1.56%1.69%1.44%2.10%2.59%3.13%2.67%3.18%3.58%
Dollars4.99%5.71%6.52%5.06%5.82%5.74%5.24%5.93%5.57%
10 years20 years
202520242023202520242023
Soles6.74%7.40%7.12%7.73%7.88%7.41%
Soles VAC3.55%3.66%3.91%3.84%3.91%4.08%
Dollars5.69%6.13%5.61%6.30%6.41%5.93%
Schedule of Estimated Useful Lives of Intangible Assets
Intangible assets resulting from business combinations are recognized in the consolidated statement of financial position at their fair values determined on the acquisition date and are amortized using the straight line method over their estimated useful life as follows:
Estimated useful
life in years
Client relationship - Prima AFP (AFP Unión Vida)20.0
Client relationship – Credicorp Capital Holding Chile (Inversiones IMT)22.0
Client relationship - Ultraserfinco9.2
Client relationship - Pacífico EPS and Medical Services10.0
Brand - Mibanco25.0
Brand - Joinnus20.0
Brand - Culqi5.0
Brand - Pacífico EPS and Medical ServicesIndefinite
Fund manager contract - Credicorp Capital Colombia
20.0 and 28.0
Fund manager contract - Credicorp Capital Holding Chile (Inversiones IMT)
11.0 and 24.0
Fund manager contract - Ultraserfinco23.0