TRANSACTIONS WITH RELATED PARTIES (Tables)
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12 Months Ended |
Dec. 31, 2019 |
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| TRANSACTIONS WITH RELATED PARTIES |
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| Schedule of summary of main transactions with related parties |
b) The following table presents the main transactions with related parties as of December 31, 2019 and 2018:
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2019
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2018
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S/(000)
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S/(000)
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Statement of financial position -
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Direct loans
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1,657,206
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2,594,712
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Investments
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935,286
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775,397
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Deposits
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(751,990)
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(425,938)
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Derivatives at fair value
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4,984
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890
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Statement of income
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Interest income related to loans
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28,477
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28,384
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Interest expenses related to deposits
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(10,377)
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(9,573)
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Other income
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9,698
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8,088
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Off-balance sheet
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Indirect loans
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373,865
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325,427
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| Schedule of summary of group's key executives compensation |
e) The Group’s key executives’ compensation (including the related income taxes assumed by the Group) as of December 31, 2019 and 2018 was as follows:
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2019
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2018
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2017
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S/(000)
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S/(000)
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S/(000)
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Director’s compensation
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6,766
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5,665
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5,318
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Senior Management Compensation:
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Remuneration
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32,218
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34,118
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27,133
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Stock awards vested
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27,157
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27,313
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26,572
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Total
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66,141
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67,096
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59,023
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| Schedule of funds in which group holds interests |
f) At December 31, 2019 and 2018 the Group holds interests in various funds managed by certain of the Group’s subsidiaries. The details of the funds are presented below:
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2019
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2018
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S/(000)
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S/(000)
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At fair value through profit or loss:
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Mutual funds, investment funds and hedge funds
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Bolivianos
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126,722
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104,596
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Soles
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59,934
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18,394
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U.S. Dollars
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38,149
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76,887
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Colombian pesos
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17,475
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5,201
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Chilean pesos
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6,765
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6,938
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Total
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249,045
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212,016
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Restricted mutual funds, Note 6(a)(ii)
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460,086
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407,350
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