v3.26.1
TRANSACTIONS WITH RELATED PARTIES (Tables)
 12 Months Ended
Dec. 31, 2025
Related party transactions [abstract]  
Schedule of Transactions with Related Parties The following table presents the main transactions and balances with related parties and individuals as of December 31, 2025 and 2024:
20252024
S/(000)S/(000)
Statement of financial position -
Direct loans1,855,712 2,472,179 
Investments (i)874,937 611,271 
Deposits (ii)(659,231)(1,839,980)
Derivatives at fair value354,610 280,624 
(i)    As of December 31, 2025, the balance includes mainly S/206.3 million of corporate bonds of Alicorp S.A.A., S/151.7 million of corporate bonds issued by Pluz Energía Perú S.A.A., S/150.8 million of corporate bonds issued by Corporacion Primax and S/95.3 million of corporate bonds of Cementos Pacasmayo S.A.
As of December 31, 2024, the balance includes mainly S/155.7 million of corporate bonds of Alicorp S.A.A., S/93.9 million of corporate bonds issued by Cementos Pacasmayo S.A., and S/104.2 million of shares of Inversiones Centenario.
(ii)    Corresponds to deposits of legal entities and individuals.
20252024
S/(000)S/(000)
Statement of income
Interest income related to loans7,715 55,485 
Interest expenses related to deposits(5,122)(37,308)
Other income19,644 22,735 
Contingent risks and commitments
Indirect loans518,493 746,992 
Schedule of Key Executives Compensation The Group’s key executives’ compensation (including the related income taxes assumed by the Group) as of December 31, 2025 and 2024 was as follows:
20252024
S/(000)S/(000)
Director’s compensation11,221 8,628 
Senior Management Compensation:
Remuneration66,485 62,258 
Expense for long-term incentive programs (Stock awards):40,811 36,839 
Total118,517 107,725 

Between February and March of each year, the Group grants its own shares to certain key executives under two long-term incentive programs: the “Value Generation Plan” and the “Retention Plan.” Under the Retention Plan, the shares granted vest over the next three years (33.3 percent of the total shares granted each year). Under the Value Generation Plan, the shares are delivered after three years, subject to the achievement of specific performance metrics.

The shares are presented on a gross basis and include the corresponding income taxes in accordance with the tax legislation applicable in each country.
Schedule of Details of Funds As of December 31, 2025 and 2024 the Group holds interests in various funds managed by certain of the Group’s subsidiaries. The details of the funds are presented below:
20252024
S/(000)S/(000)
At fair value through profit or loss:
Mutual funds, investment funds and hedge funds
U.S. Dollars
623,810 451,522 
Soles597,816 397,614 
Bolivianos288,850 280,188 
Colombian pesos170,306 133,821 
Chilean pesos17,643 15,409 
Total1,698,425 1,278,554 
Restricted mutual funds, Note 6(a)(iv)336,159 307,225