Study Note No. 54: Liquidity and Credit - June 2026

BCRP STUDY NOTES No. 54 – July 31, 2026 1 / 12 LIQUIDITY AND CREDIT: JUNE 20261 I. CREDIT TO THE PRIVATE SECTOR2

1. Credit to the private sector maintained an annual growth rate of 8.7 percent in June, equal to that recorded in May. This result corresponds to a monthly growth of 0.5 percent. BCRPData/NELYC202606G1
2. The annual growth of credit granted to individuals stood at 9.3 percent in June (8.9 percent in the previous month). On the other hand, credit to companies increased by 8.2 percent on an annual basis, compared to the 8.6 percent increase recorded in May.
3. By currency, the annual growth rate of credit to the private sector in soles was 7.7 percent in June, explained by the increase in credit to companies (6 percent) and credit to individuals (9.3 percent). On the other hand, credit to the private sector in foreign currency grew by 12.3 percent on an annual basis, explained by both the increase in credit to companies (12.7 percent) and credit to individuals (8.4 percent). 1 Prepared by Balila Acurio, John Aguirre, Milagros Cabrera, Elmo Calatayud, Marcelino Cueto, Alexander Gómez, Renzo Pardo, Sebastián Paz, Daniel Solano and reviewed by Jorge Pozo, Fernando Pérez, Carlos Montoro and Adrián Armas. 2 Foreign currency balances, unless otherwise specified, are valued at the constant exchange rate of December 2025 (S/ 3.36 per US dollar), so as to isolate the effect of exchange rate valuation on foreign currency balances. Credit to the private sector comprises the total placements and investments of liquidity-creating institutions towards non-financial companies and households domiciled in the country. CREDIT TO THE PRIVATE SECTOR Annual variation rates (%) 2,2 3,8 4,4 4,9 5,6 5,9 6,6 7,3 7,1 7,2 8,6 8,7 8,7 0 1 2 3 4 5 6 7 8 9 Jun25 Jul25 Ago25 Set25 Oct25 Nov25 Dic25 Ene26 Feb26 Mar26 Abr26 May26 Jun26

BCRP STUDY NOTES No. 54 – July 31, 2026 2 / 12 BCRPData/NELYC202606C1 BCRPData/NELYC202606C2 BCRPData/NELYC202606C3 TOTAL CREDIT TO THE PRIVATE SECTOR, BY TYPE OF PLACEMENT 1/ Millions of S/ Jun-26 Apr-26/ Apr-25 May-26/ May-25 Jun-26/ Jun-25 Jun-26/ May-26 Credit to companies 263 616 8,9 8,6 8,2 0,1 Corporate and large company 145 034 8,2 6,9 6,7 -0,2 Medium-sized companies 19 861 8,9 13,8 11,5 -0,9 Small and micro-enterprise 98 720 9,8 10,0 10,0 0,7 Credit to individuals 191 689 8,2 8,9 9,3 1,2 Consumption 114 292 9,0 9,9 10,6 1,5 Vehicle 3 665 6,5 7,5 9,3 1,7 Credit cards 19 231 7,4 8,0 9,3 2,6 Rest 91 396 9,4 10,4 10,9 1,3 Mortgage 77 397 7,1 7,5 7,4 0,6 Mivivienda 12 191 3,5 3,6 3,8 0,4 TOTAL 455 305 8,6 8,7 8,7 0,5 1/ Dollar balances are valued at constant exchange rate (S/ 3.36 per USD). Growth rates (%) CREDIT TO THE PRIVATE SECTOR IN NATIONAL CURRENCY, BY TYPE OF PLACEMENT Millions of S/ Jun-26 Apr-26/ Apr-25 May-26/ May-25 Jun-26/ Jun-25 Jun-26/ May-26 Credit to companies 172 196 6,4 5,7 6,0 -0,4 Corporate and large company 65 633 2,5 -0,9 0,0 -2,1 Medium-sized companies 12 394 5,8 9,1 6,7 -0,5 Small and micro-enterprise 94 169 9,6 10,5 10,5 0,8 Credit to individuals 181 086 8,3 9,0 9,3 1,2 Consumption 107 798 8,6 9,5 10,2 1,6 Vehicle 3 390 7,2 8,2 10,1 1,9 Credit cards 16 885 7,0 7,6 9,0 2,9 Rest 87 523 8,9 9,9 10,4 1,3 Mortgage 73 288 7,9 8,2 8,1 0,7 Mivivienda 12 186 3,6 3,7 3,8 0,4 TOTAL 353 282 7,4 7,3 7,7 0,4 Growth rates (%) CREDIT TO THE PRIVATE SECTOR IN FOREIGN CURRENCY, BY TYPE OF PLACEMENT Millions of USD Growth rates (%) Jun-26 Apr-26/ Apr-25 May-26/ May-25 Jun-26/ Jun-25 Jun-26/ May-26 Credit to companies 27 208 14,0 14,6 12,7 1,0 Corporate and large company 23 631 14,0 14,7 12,8 1,4 Medium-sized companies 2 222 14,5 22,4 20,7 -1,7 Small and micro-enterprise 1 354 13,8 1,4 0,0 -1,5 Credit to individuals 3 156 7,0 7,6 8,4 0,6 Consumption 1 933 15,9 16,5 17,5 1,0 Vehicle 82 -1,4 0,4 0,4 -0,5 Credit cards 698 10,2 10,5 12,0 0,6 Rest 1 153 21,3 21,9 22,5 1,3 Mortgage 1 223 -4,3 -3,8 -3,3 -0,1 TOTAL 30 364 13,2 13,8 12,3 0,9

BCRP STUDY NOTES No. 54 – July 31, 2026 3 / 12 I.1 CREDIT TO COMPANIES 4. The annual variation rate of credit to companies went from 8.6 percent in May to 8.2 percent in June, which corresponds to a monthly increase of 0.1 percent. 5. The balance of credit in the corporate and large company segment increased 6.7 percent annually, which corresponds to a monthly decline of 0.2 percent. This category represents 55.0 percent of the credit balance of Deposit-creating Societies granted to companies. 6. On the other hand, the balance of credit to medium-sized companies had a growth rate annual of 11.5 percent in June, which corresponds to a monthly decline of 0.9 percent. This is explained by the monthly decline in credit both in soles and in dollars (0.5 and 1.7 percent, respectively). 7. As for credit to small and micro-enterprises, the annual growth rate was 10.0 percent, similar to that of May and, corresponds to a monthly growth of 0.7 percent. This is explained by the increase in monthly credit in soles (0.8 percent) partially offset by a reduction in monthly credit in dollars (1.5 percent). BCRPData/NELYC202606C4 CREDIT TO THE COMPANY SEGMENT, BY CURRENCY AND COMPANY SIZE Jun-26 Apr-26/ Apr-25 May-26/ May-25 Jun-26/ Jun-25 Jun-26/ May-26 Corporate and large company 145 034 8,2 6,9 6,7 -0,2 N.C. 65 633 2,5 -0,9 0,0 -2,1 F.C. (Millions of USD) 23 631 14,0 14,7 12,8 1,4 Dollarization (%) 54,7 52,7 53,9 54,7 54,7 Medium-sized companies 19 861 8,9 13,8 11,5 -0,9 N.C. 12 394 5,8 9,1 6,7 -0,5 F.C. (Millions of USD) 2 222 14,5 22,4 20,7 -1,7 Dollarization (%) 37,6 37,1 37,9 37,6 37,6 Small and micro-enterprise 98 720 9,8 10,0 10,0 0,7 N.C. 94 169 9,6 10,5 10,5 0,8 F.C. (Millions of USD) 1 354 13,8 1,4 0,0 -1,5 Dollarization (%) 4,6 5,1 4,7 4,6 4,6 TOTAL 263 616 8,9 8,6 8,2 0,1 N.C. 172 196 6,4 5,7 6,0 -0,4 F.C. (Millions of USD) 27 208 14,0 14,6 12,7 1,0 Dollarization (%) 34,7 33,7 34,4 34,7 34,7 Millions of S/ Growth rates (%) Note: The criteria for classifying corporate credits by credit segment are carried out according to the SBS. Through Resolution No. 02368-2023 of July 14, 2023, the SBS modified the definition of credit to companies by segment. In parentheses, the information valid until September 2024. Corporate: Annual sales exceeding S/ 200 million (same). Large companies: Annual sales between S/ 20 million and S/ 200 million (Annual sales between S/ 20 million and S/ 200 million; or maintain capital market issuances in the last year). Medium-sized companies: Annual sales between S/ 5 million and S/ 20 million (Total debt exceeding S/ 300 thousand or annual sales not exceeding S/ 20 million). Small companies: Annual sales less than S/ 5 million and total debt greater than S/ 20 thousand (Total debt between S/ 20 thousand and S/ 300 thousand). Micro-enterprises: Annual sales less than S/ 5 million and total debt less than S/ 20 thousand (Total debt not exceeding S/ 20 thousand).

BCRP STUDY NOTES No. 54 – July 31, 2026 4 / 12 I.2 CREDIT TO INDIVIDUALS 8. Credit to individuals registered an annual growth rate of 9.3 percent in June, which corresponds to a monthly increase of 1.2 percent. Within this segment, consumption credit registered an annual increase of 10.6 percent, which corresponds to a monthly growth of 1.5 percent. BCRPData/NELYC202606G2 9. Within the consumption segment, vehicle credit presented an annual growth of 9.3 percent (7.5 percent in May) and a dollarization ratio of 7.5 percent. The credits associated with cards increased by 2.6 percent monthly and registered a dollarization ratio of 12.2 percent. 10. On the other hand, the annual variation rate of the rest of consumption credits increased to 10.9 percent in June. 11. As for mortgage credit, the annual growth rate stood at 7.4 percent in June. The dollarization coefficient of these credits remained at 5.3 percent in the month. BCRPData/NELYC202606G3 12. With information as of July 21, 2026, and in relation to July of last year, the rates of interest have shown mixed behavior. On the one hand, the reference interest rate stood at 4.25 percent in July, registering thereby an accumulated reduction of 0.25 p.p. in the last 12 months. Likewise, reflecting the transmission of the actions CONSUMPTION CREDIT Annual variation rates (%) 2,5 4,6 6,1 7,3 6,9 7,4 7,5 7,4 8,0 9,0 9,9 10,6 0 2 4 6 8 10 12 Jun25 Jul25 Ago25 Set25 Oct25 Nov25 Dic25 Ene26 Feb26 Mar26 Abr26 May26 Jun26 MORTGAGE CREDIT Annual variation rates (%) 6,0 6,3 6,7 6,8 7,0 7,2 7,3 7,4 7,3 7,2 7,1 7,5 7,4 5,0 5,5 6,0 6,5 7,0 7,5 8,0 Jun25 Jul25 Ago25 Set25 Oct25 Nov25 Dic25 Ene26 Feb26 Mar26 Abr26 May26 Jun26

BCRP STUDY NOTES No. 54 – July 31, 2026 5 / 12 of monetary policy, the active interest rates associated with credit to the sectors corporate, large, medium and small companies were reduced (accumulated decreases of 0.25 p.p., 0.36 p.p., 0.66 p.p. and 0.72 p.p. in the last 12 months, respectively). On the other hand, the credit rates to micro-enterprises and consumption do not show a decreasing trend, taking into account that these are determined by other specific factors of each business line, beyond monetary policy. Source: BCRP and SBS BCRPData/NELYC202606C5 II. LIQUIDITY 13. Private sector liquidity increased by 0.3 percent in June, while its annual growth increased to 16.4 percent. BCRPData/NELYC202606G4 14. Liquidity increased 0.3 percent in the month. By components, an increase in cash (0.3 percent) as well as in demand deposits (2.9 percent) was observed. This increase was partially compensated by the reduction of savings deposits (0.2 percent), time deposits (1.4 percent) and C.T.S. deposits (6.3 percent). ACTIVE INTEREST RATES IN NATIONAL CURRENCY 1/ Variation Dec-19 Dec-20 Dec-23 Dec-24 Jul-25 Dec-25 Jun-26 Jul-26* Average. since 2010** Jul-26*/ Jul-25 Reference 2,25 0,25 6,75 5,00 4,50 4,25 3,80 -0,25 Interbank 2/ 2,25 0,23 6,86 4,95 4,50 4,24 4,25 4,25 3,81 -0,25 Preferential 3/ 3,26 0,62 7,66 5,19 5,08 4,78 4,63 4,47 4,68 -0,62 TAMN 14,35 12,10 15,88 15,02 15,08 17,06 16,65 16,54 15,65 1,46 FTAMN 18,24 17,55 28,43 27,52 29,61 31,44 32,45 32,84 22,28 3,23 Corporate 3,80 2,51 8,08 5,84 5,66 5,71 5,69 5,41 5,43 -0,25 Large company 6,01 4,60 10,22 8,35 7,81 7,56 7,27 7,45 7,13 -0,36 Medium-sized companies 9,28 6,07 13,34 10,30 10,61 9,75 9,88 9,95 10,39 -0,66 Small companies 18,03 17,23 22,85 19,77 19,95 19,47 19,09 19,23 20,37 -0,72 Micro-enterprises 4/ 44,54 22,64 43,85 48,76 66,48 57,75 60,12 60,12 42,16 4,55 Consumption 4/ 43,13 41,47 54,27 55,56 58,11 54,87 57,30 57,30 49,43 0,71 Mortgage 7,00 6,39 9,10 8,21 7,89 7,89 7,91 7,84 8,37 -0,05 2/ Corresponds to the period average **Historical average since September 2003 for reference and interbank rates. Since September 2010 for the rest. 4/ Corresponds to the financial system average. *Information as of July 21, 2026. Rates (%) 1/ Active rates on an annual basis of operations carried out in the last 30 days in banking companies. 3/ Corporate preferential rate for 90 days PRIVATE SECTOR LIQUIDITY BY CURRENCIES Annual variation rates (%) 6,7 6,9 4,9 4,2 4,1 7,5 11,4 12,2 14,9 17,3 17,7 17,3 16,9 12,0 10,1 7,7 10,2 10,7 11,4 10,6 11,5 10,5 10,9 13,4 12,9 14,9 0 5 10 15 20 Jun25 Jul25 Ago25 Set25 Oct25 Nov25 Dic25 Ene26 Feb26 Mar26 Abr26 May26 Jun26 Soles Dollars Total

BCRP STUDY NOTES No. 54 – July 31, 2026 6 / 12 15. On the one hand, liquidity in soles decreased by 1.2 percent in June, which is explained by the fall in demand deposits (2.6 percent), savings deposits (0.8 percent), time deposits (1.2 percent) and C.T.S. deposits (6.7 percent); partially compensated by the increase in cash (0.3 percent). On the other hand, liquidity in foreign currency increased by 4.4 percent in the month due to the increase in demand deposits (12.5 percent) and savings deposits (1.4 percent), partially compensated by the decrease in time deposits (1.8 percent) and C.T.S. deposits (4.3 percent). BCRPData/NELYC202606C6 BCRPData/NELYC202606C7 BCRPData/NELYC202606C8 TOTAL PRIVATE SECTOR LIQUIDITY, BY LIABILITY TYPE Jun-26 Apr-26/ Apr-25 May-26/ May-25 Jun-26/ Jun-25 Jun-26/ May-26 Cash 100 047 18,9 18,4 17,9 0,3 Private sector deposits 458 711 16,9 16,2 16,8 0,3 Demand deposits 150 379 24,6 22,9 27,5 2,9 Savings deposits 174 841 19,0 17,8 17,3 -0,2 Time deposits 123 715 7,9 8,4 6,4 -1,4 C.T.S. deposits 9 777 0,3 2,7 3,0 -6,3 TOTAL 572 775 16,6 16,1 16,4 0,3 Memo: Fixed income mutual funds 34 967 20,7 15,4 12,0 0,8 Millions of S/ Growth rates (%) PRIVATE SECTOR LIQUIDITY IN NATIONAL CURRENCY, BY LIABILITY TYPE Jun-26 Apr-26/ Apr-25 May-26/ May-25 Jun-26/ Jun-25 Jun-26/ May-26 Cash 100 047 18,9 18,4 17,9 0,3 Deposits 309 750 18,2 17,4 17,3 -1,6 Demand deposits 90 583 30,9 28,0 29,8 -2,6 Savings deposits 128 847 21,0 19,2 19,4 -0,8 Time deposits 82 134 5,0 6,7 4,6 -1,2 C.T.S. deposits 8 186 1,4 3,7 4,1 -6,7 TOTAL 421 395 17,7 17,3 16,9 -1,2 Memo: Fixed income mutual funds 13 071 13,5 12,4 10,2 1,3 Millions of S/ Growth rates (%) PRIVATE SECTOR LIQUIDITY IN FOREIGN CURRENCY, BY LIABILITY TYPE Jun-26 Apr-26/ Apr-25 May-26/ May-25 Jun-26/ Jun-25 Jun-26/ May-26 Deposits 44 334 14,0 13,6 15,7 4,5 Demand deposits 17 796 15,3 14,9 24,1 12,5 Savings deposits 13 688 13,2 14,1 11,7 1,4 Time deposits 12 375 14,0 12,1 10,2 -1,8 C.T.S. deposits 473 -4,6 -2,2 -2,2 -4,3 TOTAL 45 053 13,4 12,9 14,9 4,4 Memo: Fixed income mutual funds 6 517 25,3 17,3 13,0 0,4 Millions of USD Growth rates (%)

BCRP STUDY NOTES No. 54 – July 31, 2026 7 / 12 III. DOLLARIZATION 16. The dollarization coefficient of credit to the private sector increased to 22.4 percent in June. BCRPData/NELYC202606C9 17. Valued at the constant exchange rate of December 2025, the dollarization of liquidity went from 25.4 percent in May to 26.4 percent in June, and the dollarization of deposits increased from 31.2 to 32.5 percent in the same period. BCRPData/NELYC202606G5 IV. EXTERNAL LIABILITIES OF BANKING 18. In June, the external liabilities of banking decreased by USD 214 million. By maturity components, short-term liabilities (maturity less than or equal to one year) decreased by USD 19 million, and medium and long-term liabilities decreased by USD 194 million. DOLLARIZATION COEFFICIENTS OF CREDIT TO THE PRIVATE SECTOR 1/ Dec-22 Dec-23 Dec-24 Jun-25 Dec-25 Apr-26 May-26 Jun-26 Credit to companies 31,0 32,9 31,7 33,3 33,8 33,7 34,4 34,7 Corporate and large company 49,0 51,1 49,4 51,7 52,8 52,7 53,9 54,7 Medium-sized companies 23,8 26,9 34,1 34,8 37,9 37,1 37,9 37,6 Small and micro-enterprise 2,4 2,2 4,9 5,1 4,9 5,1 4,7 4,6 Credit to individuals 6,1 5,7 5,7 5,6 5,5 5,6 5,6 5,5 Consumption 4,9 4,8 5,3 5,3 5,5 5,7 Vehicle 9,8 9,1 8,8 8,2 7,7 7,6 7,7 7,5 Credit cards 10,4 10,6 11,8 11,9 12,1 12,5 12,4 12,2 Rest 3,5 3,3 3,7 3,8 4,0 4,2 Mortgage 7,9 7,1 6,4 5,9 5,5 5,4 5,3 5,3 TOTAL 21,3 21,7 20,9 21,7 21,9 21,9 22,3 22,4 Percentages 1/ From October 2024, Resolution No. 02368-2023 enters into force, where the definition of the classification of corporate credits by segment is modified. Due to the change in the definition of each segment, various companies have been reclassified between the segments of medium and SME. Likewise, a part of corporate credits could have been reclassified as consumption credits. Dec-19 Dec-20 Dec-21 Dec-22 Dec-23 Dec-24 Jun-25 Dec-25 Apr-26 May-26 Jun-26 A Constant exchange rate (Dec 2025) Credit 26,0 20,8 19,8 21,3 21,7 20,9 21,7 21,9 21,9 22,3 22,4 Liquidity 30,2 26,6 26,9 27,2 26,8 25,5 26,8 25,4 25,7 25,4 26,4 Deposits 36,2 31,7 32,9 32,9 32,3 31,0 32,8 31,2 31,5 31,2 32,5 A Current exchange rate Credit 25,8 22,0 22,6 23,5 23,4 22,9 22,6 21,9 22,7 22,6 22,7 Liquidity 29,9 28,1 30,3 29,8 28,8 27,7 27,8 25,4 26,6 25,6 26,7 Deposits 35,8 33,3 36,7 35,8 34,5 33,5 33,9 31,2 32,5 31,5 32,8 DOLLARIZATION OF DEPOSITS AND LIQUIDITY Percentages 36,2 31,7 32,9 32,9 32,3 31,0 32,8 31,2 31,5 31,2 32,5 30,2 26,6 26,9 27,2 26,8 25,5 26,8 25,4 25,7 25,4 26,4 Dic19 Dic20 Dic21 Dic22 Dic23 Dic24 Jun25 Dic25 Apr26 May26 Jun26 Deposits Liquidity

BCRP STUDY NOTES No. 54 – July 31, 2026 8 / 12 19. For banking companies, the ratio of external liabilities to total credit to the private sector registered a level of 12.3 percent in June 2026. It is observed that this coefficient has remained around 12 percent during the year 2025. This reflects a lower leverage of banking with the outside and a higher proportion of more stable funding, such as deposits. Likewise, this definition includes both external liabilities in foreign currency as those issued in national currency by financial entities abroad. External liabilities in soles amount to S/ 6,755 million; while, external liabilities in dollars, to USD 11,879 million. BCRPData/NELYC202606G6 V. FINANCIAL SAVINGS 20. The balance of financial savings3 did not vary in the month, but an annual growth of 12.5 percent is registered. This monthly evolution is explained mainly by an increase in the equity of private pension funds (2.1 percent) and in the equity of mutual funds (1.0 percent), which is compensated by a reduction in deposits (0.9 percent) and the rest of components (0.6 percent). BCRPData/NELYC202606C10 3 Starting from the Study Note of January 2025, the concept of financial savings is reported, which is a measure of savings in medium and long-term assets, so demand deposits and immediate obligations are excluded from the concept of savings of the financial system, presented until December 2024. BANKING COMPANIES: EXTERNAL LIABILITIES / CREDIT TO THE PRIVATE SECTOR Percentages 11,7 13,0 13,8 18,4 16,5 25,5 22,3 15,6 15,2 11,3 7,3 6,7 7,0 8,7 6,7 22,4 20,4 18,1 24,0 24,7 31,4 26,4 25,4 22,3 18,4 17,5 17,1 15,9 11,9 10,9 11,4 12,9 12,2 12,7 11,4 11,7 12,0 12,5 12,2 11,5 12,1 12,7 12,3 Dec-92 Dec-93 Dec-94 Dec-95 Dec-96 Dec-97 Dec-98 Dec-99 Dec-00 Dec-01 Dec-02 Dec-03 Dec-04 Dec-05 Dec-06 Dec-07 Dec-08 Dec-09 Dec-10 Dec-11 Dec-12 Dec-13 Dec-14 Dec-15 Dec-16 Dec-17 Dec-18 Dec-19 Dec-20 Dec-21 Dec-22 Dec-23 Dec-24 Mar-25 Jun-25 Sep-25 Dec-25 Jan-26 Feb-26 Mar-26 Apr-26 May-26 Jun-26 COMPONENTS OF FINANCIAL SAVINGS Growth rates (%) Jun-26 Apr-26/ Apr-25 May-26/ May-25 Jun-26/ Jun-25 Jun-26/ May-26 Deposits 308 332 13,7 13,3 12,2 -0,9 AFPs 122 629 8,0 10,1 9,2 2,1 Mutual funds 60 020 25,8 24,9 21,9 1,0 Rest 1/ 40 245 15,4 17,7 13,0 -0,6 TOTAL 531 226 13,7 14,1 12,5 0,0 1/ Comprises insurance technical reserves, securities and other obligations with the private sector. Millions of S/

BCRP STUDY NOTES No. 54 – July 31, 2026 9 / 12 21. In June, the participation of external investments within the investment portfolio of AFPs decreased, standing at a level of 48.0 percent; while the participation of domestic investments increased to 52.0 percent. The participation of deposits in local financial entities remained at 4.8 percent, while the contribution of equity within this item increased to 21.8 percent. Likewise, the participation of fixed income investments increased to 26.2 percent. On the other hand, the total dollarization coefficient of the investment portfolio decreased to 64.3 percent in June BCRPData/NELYC202606C11 You can find all the tables and graphs of this report at BCRPData/NELYC202606 AFPs INVESTMENT PORTFOLIO Dec-22 Dec-23 Dec-24 Jun-25 Dec-25 May-26 Jun-26 Domestic investments 63,1 60,2 53,7 52,2 52,0 51,6 52,0 Deposits in the system 4,8 3,4 5,0 5,8 5,9 4,8 4,8 Soles 4,3 3,3 4,6 5,0 5,6 3,8 3,8 Dollars 0,5 0,1 0,4 0,8 0,4 1,1 1,0 Fixed income securities 32,1 34,6 27,3 27,0 30,3 26,0 26,2 Sovereign bonds 19,2 24,4 18,5 18,9 22,3 18,0 18,2 BCRP securities - - 0,5 0,4 - - - Other fixed income securities 12,9 10,1 8,3 7,7 8,1 8,1 8,0 Equity securities 26,3 23,1 22,4 19,8 21,8 21,4 21,8 Investment funds 6,5 5,3 4,8 4,4 4,7 Shares 19,8 17,8 17,6 15,5 17,1 16,7 17,2 Transactions in transit -0,1 -0,9 -1,0 -0,5 -6,0 -0,7 -0,8 Investments abroad 36,9 39,8 46,3 47,8 48,0 48,4 48,0 TOTAL 100,0 (Millions of Soles) 105 863 122 806 106 976 113 513 115 071 121 464 124 034 (Dollarization) 54,7 54,1 60,9 63,3 63,8 64,8 64,3 Percentages

BCRP STUDY NOTES No. 54 – July 31, 2026 10 / 12 ANNEX: RESULTS OF THE CREDIT CONDITIONS SURVEY II QUARTER 2026 Between July 1 and 17, 2026, the Central Bank carried out the LIII Credit Conditions Survey (ECC) directed to representatives of the risk, commercial and finance areas of the different commercial banking institutions in the country. This annex shows the results of this survey, which presents qualitative information about the behavior and, prospects of credit supply and demand. The focus is on the risk faced by the entity for supply conditions and on perceptions about the customer for demand conditions. To summarize the survey responses, an index of evolution of credit conditions is prepared that fluctuates between 0 and 100. Thus, for the case of supply conditions, values above 50 indicate a "relaxation" of credit conditions, while values below 50 indicate a "tightening" of credit conditions and a value of 50 indicates a neutral position. Secondly, for the case of demand conditions, values above 50 indicate an improvement in demand prospects by banking entities; values below 50, a deterioration of these; and a value of 50 a neutral position. Likewise, for the case of delinquency, values above 50 will indicate an increase in the perception of delinquency; while values below 50, a reduction of this. Current situation Regarding supply conditions, the results show a deterioration compared to the previous quarter for the company segments, whose indicators went from the neutral to the pessimistic range. This deterioration is similar to that observed in the second and third quarter of 2023, when a tightening of credit conditions associated with the expectations of a strong intensity El Niño Phenomenon was recorded. Graph 1 In contrast