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Contingencies and Commitments (Tables) | 12 Months Ended
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Dec. 31, 2017
Contingencies and Commitments |
Commitments accounted for in off-balance sheet accounts |
|  | 2016 |  | 2017 |
|  | MCh$ |  | MCh$ |
Off-balance-sheet accounts |  |  |  |  |
Foreign office guarantees and standby letters of credit |  | 279,362 |  | 285,035 |
Confirmed foreign letters of credit |  | 64,044 |  | 64,970 |
Issued foreign letters of credit |  | 152,118 |  | 94,313 |
Performance bonds |  | 2,150,307 |  | 2,220,828 |
Undrawn credit lines |  | 7,572,687 |  | 7,240,406 |
Other commitments |  | 148,190 |  | 60,609 |
Transactions on behalf of third parties |  |  |  |  |
Collections |  | 137,259 |  | 168,353 |
Third-party resources managed by the Bank: |  |  |  |  |
Financial assets managed on behalf of third parties |  | 39,714 |  | 7,121 |
Other assets managed on behalf of third parties |  | — |  | — |
Financial assets acquired on its own behalf |  | 174,022 |  | 133,794 |
Fiduciary activities |  |  |  |  |
Securities held in safe custody in the Bank |  | 9,586,026 |  | 13,623,725 |
Securities held in safe custody in other entities |  | 5,607,815 |  | 7,105,587 |
Total |  | 25,911,544 |  | 31,004,741 |
Summary of expiration of financial guarantees |
|  | 2016 |
|  | Due within 1 year MCh$ |  | Due after 1 year but within 3 years MCh$ |  | Due after 3 years but within 5 years MCh$ |  | Due after 5 years MCh$ |  | Total MCh$ |
Performance bonds |  | 1,583,497 |  | 429,353 |  | 108,315 |  | 29,142 |  | 2,150,307 |
Foreign office guarantees and standby letters of credit |  | 239,823 |  | 24,387 |  | — |  | 15,152 |  | 279,362 |
Total |  | 1,823,320 |  | 453,740 |  | 108,315 |  | 44,294 |  | 2,429,669 |
|  | 2017 |
|  | Due within 1 year MCh$ |  | Due after 1 year but within 3 years MCh$ |  | Due after 3 years but within 5 years MCh$ |  | Due after 5 years MCh$ |  | Total MCh$ |
Performance bonds |  | 1,608,314 |  | 523,597 |  | 80,623 |  | 8,294 |  | 2,220,828 |
Foreign office guarantees and standby letters of credit |  | 218,532 |  | 66,006 |  | 280 |  | 217 |  | 285,035 |
Total |  | 1,826,846 |  | 589,603 |  | 80,903 |  | 8,511 |  | 2,505,863 |
Summary of estimated date of completion of respective litigation |
|  | As of December 31, 2017 |
|  | 2018 |  | 2019 |  | 2020 |  | 2021 |  | Total |
|  | MCh$ |  | MCh$ |  | MCh$ |  | MCh$ |  | MCh$ |
Legal contingencies |  | 21,269 |  | 201 |  | — |  | — |  | 21,470 |
Summary of guarantees given in relation to subsidiary's business activities |
|  | 2016 |  | 2017 |
|  | MCh$ |  | MCh$ |
Guarantees: |  |  |  |  |
Shares to secure short-sale transactions in: |  |  |  |  |
Securities Exchange of the Santiago Stock Exchange |  | 17,750 |  | 20,249 |
Securities Exchange of the Electronic Stock Exchange of Chile |  | 22,473 |  | 29,926 |
Fixed income securities to ensure system CCLV, Bolsa de Comercio de Santiago, Bolsa de Valores |  | 2,992 |  | 3,995 |
Fixed income securities to guarantee stock loans, Bolsa Eléctronica de Chile, Bolsa de Valores |  | — |  | — |
Shares delivered to ensure equity loan, Chilean Electronic Stock Exchange, Stock Exchange |  | 610 |  | 3,864 |
Securities Exchange of the Santiago, Stock Exchange |  | 884 |  | — |
Total |  | 44,709 |  | 58,034 |
Summary of insurance policies contracted |
Matter insured |  | Amount Insured (UF) |
Responsibility for errors and omissions policy |  | 60,000 |
Civil responsibility policy |  | 500 |

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