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Risk Management (Tables) | 12 Months Ended
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Dec. 31, 2017
Risk Management |
Schedule of credit risk exposure per balance sheet item, including derivatives, detailed by both geographic region and industry sector | The following tables show credit risk exposure per balance sheet item, including derivatives, detailed by both geographic region and industry sector as of December 31, 2016:
|  | Chile |  | United States |  | Brazil |  | Other |  | Total |
|  | MCh$ |  | MCh$ |  | MCh$ |  | MCh$ |  | MCh$ |
Financial Assets |  |  |  |  |  |  |  |  |  |  |
Cash and Due from Banks |  | 792,398 |  | 533,765 |  | 11 |  | 81,993 |  | 1,408,167 |
Financial Assets held-for-trading |  |  |  |  |  |  |  |  |  |  |
From the Chilean Government and Central Bank of Chile |  | 482,346 |  | — |  | — |  | — |  | 482,346 |
Other instruments issued in Chile |  | 897,227 |  | — |  | — |  | — |  | 897,227 |
Instruments issued abroad |  | — |  | 385 |  | — |  | — |  | 385 |
Subtotal |  | 1,379,573 |  | 385 |  | — |  | — |  | 1,379,958 |
Cash collateral on securities borrowed and reverse repurchase agreements |  | 55,703 |  | — |  | — |  | — |  | 55,703 |
Derivative Contracts for Trading Purposes |  |  |  |  |  |  |  |  |  |  |
Forwards |  | 128,404 |  | 12,177 |  | — |  | 23,135 |  | 163,716 |
Swaps |  | 462,501 |  | 105,408 |  | — |  | 141,182 |  | 709,091 |
Call Options |  | 1,558 |  | — |  | — |  | — |  | 1,558 |
Put Options |  | 1,584 |  | — |  | — |  | — |  | 1,584 |
Futures |  | — |  | — |  | — |  | — |  | — |
Others |  | — |  | — |  | — |  | — |  | — |
Subtotal |  | 594,047 |  | 117,585 |  | — |  | 164,317 |  | 875,949 |
Hedge Derivative Contracts |  |  |  |  |  |  |  |  |  |  |
Forwards |  | — |  | — |  | — |  | — |  | — |
Swaps |  | 1 |  | 16,836 |  | — |  | 46,863 |  | 63,700 |
Call Options |  | — |  | — |  | — |  | — |  | — |
Put Options |  | — |  | — |  | — |  | — |  | — |
Futures |  | — |  | — |  | — |  | — |  | — |
Others |  | — |  | — |  | — |  | — |  | — |
Subtotal |  | 1 |  | 16,836 |  | — |  | 46,863 |  | 63,700 |
Loans and advances to Banks (before allowances) |  |  |  |  |  |  |  |  |  |  |
Central Bank of Chile |  | 700,341 |  | — |  | — |  | — |  | 700,341 |
Domestic banks |  | 208,403 |  | — |  | — |  | — |  | 208,403 |
Foreign banks |  | — |  | — |  | 122,913 |  | 141,789 |  | 264,702 |
Subtotal |  | 908,744 |  | — |  | 122,913 |  | 141,789 |  | 1,173,446 |
Loans to Customers (before allowances for loans losses) |  |  |  |  |  |  |  |  |  |  |
Commercial loans |  | 14,388,657 |  | — |  | 14,075 |  | 96,303 |  | 14,499,035 |
Residential mortgage loans |  | 6,924,766 |  | — |  | — |  | — |  | 6,924,766 |
Consumer loans |  | 3,974,623 |  | — |  | — |  | — |  | 3,974,623 |
Subtotal |  | 25,288,046 |  |  |  | 14,075 |  | 96,303 |  | 25,398,424 |
Financial Assets Available-for-Sale |  |  |  |  |  |  |  |  |  |  |
From the Chilean Government and Central Bank of Chile |  | 59,200 |  | — |  | — |  | — |  | 59,200 |
Other instruments issued in Chile |  | 314,043 |  | — |  | — |  | — |  | 314,043 |
Instruments issued abroad |  | — |  | — |  | — |  | 1,227 |  | 1,227 |
Subtotal |  | 373,243 |  | — |  | — |  | 1,227 |  | 374,470 |
Financial assets held-to-Maturity |  | — |  | — |  | — |  | — |  | — |
|  | Financial Services |  | Chilean Central Bank |  | Government |  | Retail (Individuals) |  | Trade |  | Manufacturing |  | Mining |  | Electricity, Gas and Water |  | Agriculture and Livestock |  | Fishing |  | Transportation and Telecom |  | Construction |  | Services |  | Other |  | Total
|  | MCh$ |  | MCh$ |  | MCh$ |  | MCh$ |  | MCh$ |  | MCh$ |  | MCh$ |  | MCh$ |  | MCh$ |  | MCh$ |  | MCh$ |  | MCh$ |  | MCh$ |  | MCh$ |  | MCh$
Financial Assets |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Cash and Due from Banks |  | 1,289,666 |  | 118,501 |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | 1,408,167
Financial Assets held-for-trading |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
From the Chilean Government and Central Bank of Chile |  | — |  | 423,565 |  | 58,781 |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | 482,346
Other instruments issued in Chile |  | 897,227 |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | 897,227
Instruments issued abroad |  | 385 |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | 385
Subtotal |  | 897,612 |  | 423,565 |  | 58,781 |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | 1,379,958
Cash collateral on securities borrowed and reverse repurchase Agreements Payables |  | 6,280 |  | — |  | — |  | — |  | 20,154 |  | 6,259 |  | 2,978 |  | 14,236 |  | 19 |  | 531 |  | 3,800 |  | — |  | — |  | 1,446 |  | 55,703
Derivative Contracts for Trading Purposes |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Forwards |  | 80,886 |  | — |  | — |  | — |  | 4,698 |  | 4,651 |  | 179 |  | 121 |  | 182 |  | 7 |  | 403 |  | 12 |  | 72,577 |  | — |  | 163,716
Swaps |  | 627,621 |  | — |  | — |  | — |  | 30,806 |  | 2,910 |  | 28,864 |  | 9,488 |  | 5,234 |  | 353 |  | — |  | 2,007 |  | 1,808 |  | — |  | 709,091
Call Options |  | 732 |  | — |  | — |  | — |  | 451 |  | 285 |  | — |  | — |  | 90 |  | — |  | — |  | — |  | — |  | — |  | 1,558
Put Options |  | 835 |  | — |  | — |  | — |  | 591 |  | 153 |  | — |  | — |  | 2 |  | — |  | — |  | — |  | 3 |  | — |  | 1,584
Futures |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | —
Subtotal |  | 710,074 |  | — |  | — |  | — |  | 36,546 |  | 7,999 |  | 29,043 |  | 9,609 |  | 5,508 |  | 360 |  | 403 |  | 2,019 |  | 74,388 |  | — |  | 875,949
Hedge Derivative Contracts |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Forwards |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | —
Swaps |  | 63,700 |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | 63,700
Call Options |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | —
Put Options |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | —
Futures |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | —
Subtotal |  | 63,700 |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | 63,700
Loans and advances to Banks |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Central Bank of Chile |  | — |  | 700,341 |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | 700,341
Domestic banks |  | 208,403 |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | 208,403
Foreign banks |  | 264,702 |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | 264,702
Subtotal |  | 473,105 |  | 700,341 |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | 1,173,446
Loans to Customers, Net |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Commercial loans |  | 2,116,203 |  | — |  | — |  | — |  | 2,243,474 |  | 1,561,737 |  | 432,822 |  | 566,438 |  | 1,184,869 |  | 264,042 |  | 1,636,994 |  | 1,647,862 |  | 1,937,428 |  | 907,166 |  | 14,499,035
Residential mortgage loans |  | — |  | — |  | — |  | 6,924,766 |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | 6,924,766
Consumer loans |  | — |  | — |  | — |  | 3,974,623 |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | 3,974,623
Subtotal |  | 2,116,203 |  | — |  | — |  | 10,899,389 |  | 2,243,474 |  | 1,561,737 |  | 432,822 |  | 566,438 |  | 1,184,869 |  | 264,042 |  | 1,636,994 |  | 1,647,862 |  | 1,937,428 |  | 907,166 |  | 25,398,424
Financial Assets Available-for-Sale |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
From the Chilean Government and Central Bank of Chile |  | — |  | 20,944 |  | 38,256 |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | 59,200
Other instruments issued in Chile |  | 191,620 |  | — |  | — |  | — |  | 52,638 |  | — |  | 7,943 |  | 10,690 |  | 51,152 |  | — |  | — |  | — |  | — |  | — |  | 314,043
Instruments issued abroad |  | 1,227 |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | 1,227
Subtotal |  | 192,847 |  | 20,944 |  | 38,256 |  | — |  | 52,638 |  | — |  | 7,943 |  | 10,690 |  | 51,152 |  | — |  | — |  | — |  | — |  | — |  | 374,470
Financial assets held-to-Maturity |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | —
The following tables show credit risk exposure per balance sheet item, including derivatives, detailed by both geographic region and industry sector as of December 31, 2017:
|  | Chile |  | United States |  | Brazil |  | Other |  | Total |
|  | MCh$ |  | MCh$ |  | MCh$ |  | MCh$ |  | MCh$ |
Financial Assets |  |  |  |  |  |  |  |  |  |  |
Cash and Due from Banks |  | 695,213 |  | 271,564 |  | — |  | 90,616 |  | 1,057,393 |
Financial Assets held-for-trading |  |  |  |  |  |  |  |  |  |  |
From the Chilean Government and Central Bank of Chile |  | 1,317,164 |  | — |  | — |  | — |  | 1,317,164 |
Other instruments issued in Chile |  | 221,092 |  | — |  | — |  | — |  | 221,092 |
Instruments issued abroad |  | — |  | 322 |  | — |  | — |  | 322 |
Subtotal |  | 1,538,256 |  | 322 |  | — |  | — |  | 1,538,578 |
Cash collateral on securities borrowed and reverse repurchase agreements |  | 91,641 |  | — |  | — |  | — |  | 91,641 |
Derivative Contracts for Trading Purposes |  |  |  |  |  |  |  |  |  |  |
Forwards |  | 392,130 |  | 23,162 |  | — |  | 91,322 |  | 506,614 |
Swaps |  | 472,492 |  | 79,614 |  | — |  | 158,017 |  | 710,123 |
Call Options |  | 514 |  | — |  | — |  | — |  | 514 |
Put Options |  | 2,841 |  | — |  | — |  | — |  | 2,841 |
Futures |  | — |  | — |  | — |  | — |  | — |
Others |  | — |  | — |  | — |  | — |  | — |
Subtotal |  | 867,977 |  | 102,776 |  | — |  | 249,339 |  | 1,220,092 |
Hedge Derivative Contracts |  |  |  |  |  |  |  |  |  |  |
Forwards |  | — |  | — |  | — |  | — |  | — |
Swaps |  | — |  | 8,632 |  | — |  | 19,217 |  | 27,849 |
Call Options |  | — |  | — |  | — |  | — |  | — |
Put Options |  | — |  | — |  | — |  | — |  | — |
Futures |  | — |  | — |  | — |  | — |  | — |
Others |  | — |  | — |  | — |  | — |  | — |
Subtotal |  | — |  | 8,632 |  | — |  | 19,217 |  | 27,849 |
Loans and advances to Banks (before allowances) |  |  |  |  |  |  |  |  |  |  |
Central Bank of Chile |  | 350,916 |  | — |  | — |  | — |  | 350,916 |
Domestic banks |  | 120,017 |  | — |  | — |  | — |  | 120,017 |
Foreign banks |  | — |  | — |  | 158,524 |  | 130,828 |  | 289,352 |
Subtotal |  | 470,933 |  | — |  | 158,524 |  | 130,828 |  | 760,285 |
Loans to Customers (before allowances for loans losses) |  |  |  |  |  |  |  |  |  |  |
Commercial loans |  | 13,902,516 |  | — |  | — |  | 58,302 |  | 13,960,818 |
Residential mortgage loans |  | 7,477,236 |  | — |  | — |  | — |  | 7,477,236 |
Consumer loans |  | 4,013,459 |  | — |  | — |  | — |  | 4,013,459 |
Subtotal |  | 25,393,211 |  | — |  | — |  | 58,302 |  | 25,451,513 |
Financial Assets Available-for-Sale |  |  |  |  |  |  |  |  |  |  |
From the Chilean Government and Central Bank of Chile |  | 356,368 |  | — |  | — |  | — |  | 356,368 |
Other instruments issued in Chile |  | 1,168,913 |  | — |  | — |  | — |  | 1,168,913 |
Instruments issued abroad |  | — |  | — |  | — |  | 1,034 |  | 1,034 |
Subtotal |  | 1,525,281 |  | — |  | — |  | 1,034 |  | 1,526,315 |
Financial assets held-to-Maturity |  | — |  | — |  | — |  | — |  | — |
|  | Financial Services |  | Chilean Central Bank |  | Government |  | Retail (Individuals) |  | Trade |  | Manufacturing |  | Mining |  | Electricity, Gas and Water |  | Agriculture and Livestock |  | Fishing |  | Transportation and Telecom |  | Construction |  | Services |  | Other |  | Total
|  | MCh$ |  | MCh$ |  | MCh$ |  | MCh$ |  | MCh$ |  | MCh$ |  | MCh$ |  | MCh$ |  | MCh$ |  | MCh$ |  | MCh$ |  | MCh$ |  | MCh$ |  | MCh$ |  | MCh$
Financial Assets |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Cash and Due from Banks |  | 894,972 |  | 162,421 |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | 1,057,393
Financial Assets held-for-trading |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
From the Chilean Government and Central Bank of Chile |  | — |  | 1,062,558 |  | 254,606 |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | 1,317,164
Other instruments issued in Chile |  | 221,092 |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | 221,092
Instruments issued abroad |  | 322 |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | 322
Subtotal |  | 221,414 |  | 1,062,558 |  | 254,606 |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | 1,538,578
Cash collateral on securities borrowed and reverse repurchase Agreements Payables |  | 32,555 |  | — |  | 2,576 |  | — |  | 24,717 |  | — |  | 12,522 |  | 7,464 |  | 13 |  | 672 |  | 7,382 |  | — |  | 3,740 |  |  |  | 91,641
Derivative Contracts for Trading Purposes |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Forwards |  | 245,873 |  | — |  | — |  | — |  | 7,666 |  | 9,860 |  | 2,561 |  | 84 |  | 54 |  | 219 |  | 2,368 |  | 29 |  | 237,900 |  | — |  | 506,614
Swaps |  | 643,735 |  | — |  | — |  | — |  | 44,773 |  | 5,563 |  | 839 |  | 4,679 |  | 2,862 |  | 9 |  | 7,244 |  | — |  | 419 |  | — |  | 710,123
Call Options |  | 269 |  | — |  | — |  | — |  | 32 |  | 90 |  | — |  | — |  | 67 |  | — |  | 52 |  | 1 |  | 3 |  | — |  | 514
Put Options |  | 734 |  | — |  | — |  | — |  | 1,432 |  | 396 |  | — |  | — |  | 222 |  | — |  | — |  | 11 |  | 46 |  | — |  | 2,841
Futures |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | —
Subtotal |  | 890,611 |  | — |  | — |  | — |  | 53,903 |  | 15,909 |  | 3,400 |  | 4,763 |  | 3,205 |  | 228 |  | 9,664 |  | 41 |  | 238,368 |  | — |  | 1,220,092
Hedge Derivative Contracts |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Forwards |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | —
Swaps |  | 27,849 |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | 27,849
Call Options |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | —
Put Options |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | —
Futures |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | —
Subtotal |  | 27,849 |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | 27,849
Loans and advances to Banks |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Central Bank of Chile |  | — |  | 350,916 |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | 350,916
Domestic banks |  | 120,017 |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | 120,017
Foreign banks |  | 289,352 |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | 289,352
Subtotal |  | 409,369 |  | 350,916 |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | 760,285
Loans to Customers, Net |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Commercial loans |  | 1,851,649 |  | — |  | — |  | — |  | 2,035,129 |  | 1,399,692 |  | 422,176 |  | 565,695 |  | 1,354,069 |  | 145,266 |  | 1,612,930 |  | 1,493,373 |  | 1,964,238 |  | 1,116,601 |  | 13,960,818
Residential mortgage loans |  | — |  | — |  | — |  | 7,477,236 |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | 7,477,236
Consumer loans |  | — |  | — |  | — |  | 4,013,459 |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | 4,013,459
Subtotal |  | 1,851,649 |  | — |  | — |  | 11,490,695 |  | 2,035,129 |  | 1,399,692 |  | 422,176 |  | 565,695 |  | 1,354,069 |  | 145,266 |  | 1,612,930 |  | 1,493,373 |  | 1,964,238 |  | 1,116,601 |  | 25,451,513
Financial Assets Available-for-Sale |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
From the Chilean Government and Central Bank of Chile |  | — |  | 207,474 |  | 148,894 |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | 356,368
Other instruments issued in Chile |  | 1,106,003 |  | — |  | — |  | — |  | 31,833 |  | 8,589 |  | 7,662 |  | 2,883 |  | 6,972 |  | — |  | 4,971 |  | — |  | — |  | — |  | 1,168,913
Instruments issued abroad |  | 1,034 |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | 1,034
Subtotal |  | 1,107,037 |  | 207,474 |  | 148,894 |  | — |  | 31,833 |  | 8,589 |  | 7,662 |  | 2,883 |  | 6,972 |  | — |  | 4,971 |  | — |  | — |  | — |  | 1,526,315
Financial assets held-to-Maturity |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | —
Schedule of guarantee values |
|  |  |  | Fair value of collateral and credit enhancements held as of December 31, 2016 |  |  |  |  |
|  | Maximum exposure to credit risk |  | Mortgages |  | Pledge (*) |  | Securities |  | Warrants |  | Others |  | Net collateral |  | Net exposure |
Loans to customers: |  | MCh$ |  | MCh$ |  | MCh$ |  | MCh$ |  | MCh$ |  | MCh$ |  | MCh$ |  | MCh$ |
Corporate lending |  | 10,663,260 |  | 2,240,502 |  | 69,466 |  | 442,285 |  | 3,493 |  | 349,560 |  | 3,105,306 |  | 7,557,954 |
Small business lending |  | 3,835,775 |  | 2,301,924 |  | 32,138 |  | 27,461 |  | — |  | 54,534 |  | 2,416,057 |  | 1,419,718 |
Consumer lending |  | 3,974,623 |  | 252,984 |  | 1,096 |  | 2,492 |  | — |  | 17,352 |  | 273,924 |  | 3,700,699 |
Mortgage lending |  | 6,924,766 |  | 6,419,357 |  | 69 |  | 252 |  | — |  | — |  | 6,419,678 |  | 505,088 |
Total |  | 25,398,424 |  | 11,214,767 |  | 102,769 |  | 472,490 |  | 3,493 |  | 421,446 |  | 12,214,965 |  | 13,183,459 |
|  |  |  | Fair value of collateral and credit enhancements held as of December 31, 2017 |  |  |  |  |
|  | Maximum exposure to credit risk |  | Mortgages |  | Pledge (*) |  | Securities |  | Warrants |  | Others |  | Net collateral |  | Net exposure |
Loans to customers: |  | MCh$ |  | MCh$ |  | MCh$ |  | MCh$ |  | MCh$ |  | MCh$ |  | MCh$ |  | MCh$ |
Corporate lending |  | 9,775,740 |  | 2,269,716 |  | 72,893 |  | 438,595 |  | 3,381 |  | 243,961 |  | 3,028,546 |  | 6,747,194 |
Small business lending |  | 4,185,078 |  | 2,543,343 |  | 28,699 |  | 32,034 |  | — |  | 58,255 |  | 2,662,331 |  | 1,522,747 |
Consumer lending |  | 4,013,459 |  | 283,091 |  | 938 |  | 1,776 |  | — |  | 18,594 |  | 304,399 |  | 3,709,060 |
Mortgage lending |  | 7,477,236 |  | 6,922,454 |  | 90 |  | 267 |  | — |  | — |  | 6,922,811 |  | 554,425 |
Total |  | 25,451,513 |  | 12,018,604 |  | 102,620 |  | 472,672 |  | 3,381 |  | 320,810 |  | 12,918,087 |  | 12,533,426 |
(*) Includes agricultural and industrial pledges and pledges without conveyance.
Schedule of credit quality by asset class, based on the Bank's credit rating system | As of December 31, 2016
|  | Individual Portfolio |  | Group Portfolio |
|  | Normal |  | Substandard |  | Non- complying |  | Normal |  | Non- complying |  | Total |
|  | MCh$ |  | MCh$ |  | MCh$ |  | MCh$ |  | MCh$ |  | MCh$ |
Financial Assets |  |  |  |  |  |  |  |  |  |  |  |  |
Loans and advances to banks |  |  |  |  |  |  |  |  |  |  |  |  |
Central Bank of Chile |  | 700,341 |  | — |  | — |  | — |  | — |  | 700,341 |
Domestic banks |  | 208,403 |  | — |  | — |  | — |  | — |  | 208,403 |
Foreign banks |  | 264,702 |  | — |  | — |  | — |  | — |  | 264,702 |
Total |  | 1,173,446 |  | — |  | — |  | — |  | — |  | 1,173,446 |
Loans to customers (before allowances for loan losses) |  |  |  |  |  |  |  |  |  |  |  |  |
Commercial loans |  | 11,390,263 |  | 196,815 |  | 201,790 |  | 2,518,008 |  | 192,159 |  | 14,499,035 |
Residential mortgage loans |  | — |  | — |  | — |  | 6,784,614 |  | 140,152 |  | 6,924,766 |
Consumer loans |  | — |  | — |  | — |  | 3,723,550 |  | 251,073 |  | 3,974,623 |
Total |  | 11,390,263 |  | 196,815 |  | 201,790 |  | 13,026,172 |  | 583,384 |  | 25,398,424 |
As of December 31, 2017
|  | Individual Portfolio |  | Group Portfolio |
|  | Normal |  | Substandard |  | Non- complying |  | Normal |  | Non- complying |  | Total |
|  | MCh$ |  | MCh$ |  | MCh$ |  | MCh$ |  | MCh$ |  | MCh$ |
Financial Assets |  |  |  |  |  |  |  |  |  |  |  |  |
Loans and advances to banks |  |  |  |  |  |  |  |  |  |  |  |  |
Central Bank of Chile |  | 350,916 |  | — |  | — |  | — |  | — |  | 350,916 |
Domestic banks |  | 120,017 |  | — |  | — |  | — |  | — |  | 120,017 |
Foreign banks |  | 289,352 |  | — |  | — |  | — |  | — |  | 289,352 |
Total |  | 760,285 |  | — |  | — |  | — |  | — |  | 760,285 |
Loans to customers (before allowances for loan losses) |  |  |  |  |  |  |  |  |  |  |  |  |
Commercial loans |  | 10,585,946 |  | 101,253 |  | 161,914 |  | 2,908,182 |  | 203,523 |  | 13,960,818 |
Residential mortgage loans |  | — |  | — |  | — |  | 7,316,969 |  | 160,267 |  | 7,477,236 |
Consumer loans |  | — |  | — |  | — |  | 3,760,472 |  | 252,987 |  | 4,013,459 |
Total |  | 10,585,946 |  | 101,253 |  | 161,914 |  | 13,985,623 |  | 616,777 |  | 25,451,513 |
Schedule of conciliation between Normal and Impaired Portfolio and classification criteria of impaired loans |
|  | December |  | December |
|  | 2016 |  | 2017 |
|  | MCh$ |  | MCh$ |
Individual Portfolio |  |  |  |  |
Substandard (categories B1 — B4) |  | 196,815 |  | 101,253 |
Non-complying (categories C1 — C6) |  | 201,790 |  | 161,914 |
Group Portfolio |  |  |  |  |
Non-complying |  | 583,384 |  | 616,777 |
Total substandard and non-complying categories (from B1 to C6) |  | 981,989 |  | 879,944 |
Total impaired loans (categories B3 — C6) |  | (868,077 | ) | (780,818 | )
Normal portfolio (categories B1 — B2) |  | 113,912 |  | 99,126 |
Schedule of classification criteria of impaired loans | As of December 31, 2016:
|  |  |  | Default |  |  |
|  | 1 to 29 days |  | 30 to 59 days |  | 60 to 89 days |
|  | MCh$ |  | MCh$ |  | MCh$ |
Loans and advances to banks |  | 18,495 |  | — |  | — |
Subtotal past-due loans and advances to banks |  | 18,495 |  | — |  | — |
Commercial loans |  | 133,959 |  | 41,561 |  | 17,512 |
Import-export financing |  | 16,621 |  | 1,195 |  | 146 |
Factoring transactions |  | 32,603 |  | 4,677 |  | 641 |
Commercial lease transactions |  | 46,802 |  | 8,683 |  | 5,638 |
Other loans and receivables |  | 1,482 |  | 703 |  | 284 |
Residential mortgage loans |  | 142,663 |  | 46,908 |  | 24,729 |
Consumer loans |  | 222,041 |  | 95,934 |  | 37,218 |
Subtotal past-due loans to customers |  | 596,171 |  | 199,661 |  | 86,168 |
Total |  | 614,666 |  | 199,661 |  | 86,168 |
As of December 31, 2017:
|  |  |  | Default |  |  |
|  | 1 to 29 days |  | 30 to 59 days |  | 60 to 89 days |
|  | MCh$ |  | MCh$ |  | MCh$ |
Loans and advances to banks |  | 6,880 |  | — |  | — |
Subtotal past-due loans and advances to banks |  | 6,880 |  | — |  | — |
Commercial loans |  | 183,374 |  | 34,457 |  | 53,224 |
Import-export financing |  | 19,628 |  | 2,403 |  | 647 |
Factoring transactions |  | 30,204 |  | 3,723 |  | 748 |
Commercial lease transactions |  | 52,365 |  | 12,407 |  | 2,144 |
Other loans and receivables |  | 1,195 |  | 599 |  | 724 |
Residential mortgage loans |  | 143,619 |  | 56,422 |  | 26,365 |
Consumer loans |  | 203,692 |  | 91,928 |  | 38,320 |
Subtotal past-due loans to customers |  | 634,077 |  | 201,939 |  | 122,172 |
Total |  | 640,957 |  | 201,939 |  | 122,172 |
Schedule of aging analysis of loans |
|  |  |  | Past due but not impaired(*) |  |  |
|  | Neither past due or impaired |  | Up to 30 days |  | Over 30 days and up to 60 days |  | Over 60 days and up to 90 days |  | Over 90 days |  | Total |
As of December 31, |  | MCh$ |  | MCh$ |  | MCh$ |  | MCh$ |  | MCh$ |  | MCh$ |
2016 |  | 23,870,700 |  | 499,875 |  | 126,178 |  | 32,936 |  | 658 |  | 24,530,347 |
2017 |  | 23,972,099 |  | 526,809 |  | 134,316 |  | 37,292 |  | 179 |  | 24,670,695 |
(*) These amounts include installments that are overdue, plus the remaining balance of principal and interest on such loans.
Schedule of book value of loans with renegotiated terms |
|  | 2016 |  | 2017 |
|  | MCh$ |  | MCh$ |
Financial assets |  |  |  |  |
Loans and advances to banks |  |  |  |  |
Domestic banks |  | — |  | — |
Foreign banks |  | — |  | — |
Subtotal |  | — |  | — |
Loans to customers, net |  |  |  |  |
Commercial loans |  | 172,255 |  | 191,314 |
Residential mortgage loans |  | 17,466 |  | 17,400 |
Consumer loans |  | 358,023 |  | 367,350 |
Subtotal |  | 547,744 |  | 576,064 |
Total renegotiated financial assets |  | 547,744 |  | 576,064 |
Schedule of use of MAR | The use of MAR in 2017 is illustrated below (LCCY = local currency; FCCY = foreign currency):
|  | MAR LCCY + FCCY MMM$ |  | MAR FCCY MMUS$ |
|  | 1 – 30 days |  | 1 – 90 days |  | 1 – 30 days |  | 1 – 90 days |
Maximum |  | 3,306 |  | 5,597 |  | 1,708 |  | 3,048 |
Minimum |  | 1,847 |  | 4,173 |  | 436 |  | 1,344 |
Average |  | 2,665 |  | 4,954 |  | 1,090 |  | 2,209 |
Schedule of use of Cross Currency Funding | The use of Cross Currency Funding within year 2017 is illustrated below:
|  | Cross Currency Funding MMUS$ |
Maximum |  | 4,351 |
Minimum |  | 2,008 |
Average |  | 2,991 |
Schedule of financial ratios | As an example, the state of the following ratios along the year 2017 is illustrated below:
|  | Liquid Assets/ Net Funding <1y |  | Liabilities>1y/ Assets >1y |  | Deposits/ Loans |
Maximum |  | 95 | % | 74 | % | 63 | %
Minimum |  | 71 | % | 72 | % | 60 | %
Average |  | 82 | % | 73 | % | 62 | %
Schedules for calculation of C46 regulatory information | The use of this index in year 2017 is illustrated below:
|  | Adjusted C46 All CCYs as % of Tier-1 Capital |  | Adjusted C46 FCCY as % of Tier-1 Capital |
|  | 1 – 30 days |  | 1 – 90 days |  | 1 – 30 days |
Maximum |  | 53 | % | 97 | % | 36 | %
Minimum |  | 32 | % | 63 | % | 19 | %
Average |  | 43 | % | 78 | % | 27 | %
Limit |  | 100 | % | 200 | % | 100 | %
Schedule of the LCR and the NSFR | The state of the LCR and the NSFR along the year 2017 is illustrated below.
|  | LCR |  | NSFR |
Maximum |  | 1.07 |  | 0.99 |
Minimum |  | 0.69 |  | 0.94 |
Average |  | 0.88 |  | 0.97 |
Regulatory Limit |  | N/A |  | N/A |
Schedule of contractual maturity of financial liabilities |
|  | Up to 1 month |  | Between 1 and 3 months |  | Between 3 and 12 months |  | Between 1 and 3 years |  | Between 3 and 5 years |  | More than 5 years |  | Total |
|  | MCh$ |  | MCh$ |  | MCh$ |  | MCh$ |  | MCh$ |  | MCh$ |  | MCh$ |
Liabilities as of December 31, 2016 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Current accounts and other demand deposits |  | 8,321,148 |  | — |  | — |  | — |  | — |  | — |  | 8,321,148 |
Transactions in the course of payment |  | 25,702 |  | — |  | — |  | — |  | — |  | — |  | 25,702 |
Instruments sold under repurchase agreements and security lending |  | 209,908 |  | 6,821 |  | — |  | — |  | — |  | — |  | 216,729 |
Savings accounts and time deposits |  | 4,954,428 |  | 2,478,148 |  | 3,083,258 |  | 157,591 |  | 589 |  | 252 |  | 10,674,266 |
Full delivery derivative transactions |  | 274,760 |  | 225,173 |  | 872,004 |  | 507,086 |  | 292,965 |  | 617,424 |  | 2,789,412 |
Borrowings from financial institutions |  | 150,396 |  | 231,890 |  | 526,149 |  | 120,672 |  | — |  | — |  | 1,029,107 |
Other financial obligations |  | 557 |  | 1,034 |  | 5,038 |  | 18,173 |  | 18,401 |  | 376 |  | 43,579 |
Debt issued in non-USD foreign currency |  | 104,221 |  | 87,840 |  | 525,342 |  | 1,423,859 |  | 1,204,796 |  | 4,070,909 |  | 7,416,967 |
Total (excluding non-delivery derivative transactions) |  | 14,041,120 |  | 3,030,906 |  | 5,011,791 |  | 2,227,381 |  | 1,516,751 |  | 4,688,961 |  | 30,516,910 |
Non - delivery derivative transactions |  | 237,799 |  | 171,254 |  | 838,475 |  | 887,297 |  | 196,923 |  | 1,096,234 |  | 3,427,982 |
|  | Up to 1 month |  | Between 1 and 3 months |  | Between 3 and 12 months |  | Between 1 and 3 years |  | Between 3 and 5 years |  | More than 5 years |  | Total |
|  | MCh$ |  | MCh$ |  | MCh$ |  | MCh$ |  | MCh$ |  | MCh$ |  | MCh$ |
Liabilities as of December 31, 2017 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Current accounts and other demand deposits |  | 8,915,706 |  | — |  | — |  | — |  | — |  | — |  | 8,915,706 |
Transactions in the course of payment |  | 29,871 |  | — |  | — |  | — |  | — |  | — |  | 29,871 |
Instruments sold under repurchase agreements and security lending |  | 194,539 |  | 750 |  | — |  | — |  | — |  | — |  | 195,289 |
Savings accounts and time deposits |  | 5,097,833 |  | 2,509,694 |  | 2,555,579 |  | 21,536 |  | 311 |  | 219 |  | 10,185,172 |
Full delivery derivative transactions |  | 172,323 |  | 136,729 |  | 1,166,598 |  | 937,050 |  | 1,582,890 |  | 531,309 |  | 4,526,899 |
Borrowings from financial institutions |  | 260,272 |  | 242,515 |  | 613,159 |  | 73,852 |  | — |  | — |  | 1,189,798 |
Other financial obligations |  | 295 |  | 918 |  | 10,921 |  | 24,038 |  | 686 |  | 154 |  | 37,012 |
Debt issued in non-USD foreign currency |  | 47,375 |  | 165,359 |  | 728,035 |  | 1,279,275 |  | 1,500,632 |  | 3,931,034 |  | 7,651,710 |
Total (excluding non-delivery derivative transactions) |  | 14,718,214 |  | 3,055,965 |  | 5,074,292 |  | 2,335,751 |  | 3,084,519 |  | 4,462,716 |  | 32,731,457 |
Non - delivery derivative transactions |  | 112,011 |  | 100,247 |  | 1,141,610 |  | 816,847 |  | 325,199 |  | 1,115,676 |  | 3,611,590 |
Schedule of use of VaR | The use of VaR in 2017 is illustrated below:
|  | Value-at-Risk 99% confidence level escalated to 1 month MMUS$ |
Maximum |  | 3.18 |
Minimum |  | 0.61 |
Average |  | 1.72 |
Schedule of use of EaR | The use of EaR within year 2017 is illustrated below:
|  | 12-months Earnings-at-Risk 97.7% confidence level 3 months defeasance period MCh$ |
Maximum |  | 80,402 |
Minimum |  | 28,438 |
Average |  | 60,301 |
Schedule of banking book interest rate exposure by contractual maturity |
|  | Up to 1 month |  | Between 1 and 3 months |  | Between 3 and 12 months |  | Between 1 and 3 years |  | Between 3 and 5 years |  | More than 5 years |  | Total |
|  | MCh$ |  | MCh$ |  | MCh$ |  | MCh$ |  | MCh$ |  | MCh$ |  | MCh$ |
Assets as of December 31, 2016 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Cash and due from banks |  | 1,396,536 |  | — |  | — |  | — |  | — |  | — |  | 1,396,536 |
Transactions in the course of collection |  | 189,208 |  | — |  | — |  | — |  | — |  | — |  | 189,208 |
Securities borrowed or purchased under agreements to resell |  | — |  | — |  | — |  | — |  | — |  | — |  | — |
Derivative instruments under hedge-accounting treatment |  | 283,576 |  | 14,860 |  | 170,891 |  | 495,340 |  | 52,134 |  | 502,593 |  | 1,519,394 |
Inter-banking loans |  | 964,250 |  | 86,029 |  | 136,434 |  | 19,777 |  | — |  | — |  | 1,206,490 |
Customer loans |  | 4,808,706 |  | 3,163,029 |  | 5,740,836 |  | 5,219,586 |  | 2,929,046 |  | 8,126,584 |  | 29,987,787 |
Available for sale instruments |  | 6,631 |  | 5,505 |  | 56,839 |  | 137,031 |  | 71,657 |  | 151,600 |  | 429,263 |
Held-to-maturity instruments |  | — |  | — |  | — |  | — |  | — |  | — |  | — |
Total assets |  | 7,648,907 |  | 3,269,423 |  | 6,105,000 |  | 5,871,734 |  | 3,052,837 |  | 8,780,777 |  | 34,728,678 |
|  | Up to 1 month |  | Between 1 and 3 months |  | Between 3 and 12 months |  | Between 1 and 3 years |  | Between 3 and 5 years |  | More than 5 years |  | Total |
|  | MCh$ |  | MCh$ |  | MCh$ |  | MCh$ |  | MCh$ |  | MCh$ |  | MCh$ |
Assets as of December 31, 2017 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Cash and due from banks |  | 1,028,014 |  | — |  | — |  | — |  | — |  | — |  | 1,028,014 |
Transactions in the course of collection |  | 223,360 |  | — |  | — |  | — |  | — |  | — |  | 223,360 |
Securities borrowed or purchased under agreements to resell |  | 19,992 |  | — |  | — |  | — |  | — |  | — |  | 19,992 |
Derivative instruments under hedge-accounting treatment |  | 30,328 |  | 146,775 |  | 225,883 |  | 335,756 |  | 51,087 |  | 539,283 |  | 1,329,112 |
Inter-banking loans |  | 533,101 |  | 49,573 |  | 150,253 |  | 31,920 |  | — |  | — |  | 764,847 |
Customer loans |  | 4,669,573 |  | 2,595,012 |  | 5,636,496 |  | 5,619,230 |  | 3,089,002 |  | 8,591,253 |  | 30,200,566 |
Available for sale instruments |  | 9,134 |  | 37,851 |  | 950,199 |  | 222,522 |  | 216,058 |  | 169,144 |  | 1,604,908 |
Held-to-maturity instruments |  | — |  | — |  | — |  | — |  | — |  | — |  | — |
Total assets |  | 6,513,502 |  | 2,829,211 |  | 6,962,831 |  | 6,209,428 |  | 3,356,147 |  | 9,299,680 |  | 35,170,799 |
|  | Up to 1 month |  | Between 1 and 3 months |  | Between 3 and 12 months |  | Between 1 and 3 years |  | Between 3 and 5 years |  | More than 5 years |  | Total |
|  | MCh$ |  | MCh$ |  | MCh$ |  | MCh$ |  | MCh$ |  | MCh$ |  | MCh$ |
Liabilities as of December 31, 2016 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Current accounts and demand deposits |  | 8,354,085 |  | — |  | — |  | — |  | — |  | — |  | 8,354,085 |
Transactions in the course of payment |  | 8,841 |  | — |  | — |  | — |  | — |  | — |  | 8,841 |
Securities loaned or sold under repurchase agreements |  | 19,901 |  | — |  | — |  | — |  | — |  | — |  | 19,901 |
Savings accounts and interest-bearing deposits |  | 5,129,350 |  | 2,303,488 |  | 3,083,258 |  | 157,610 |  | 570 |  | 252 |  | 10,674,528 |
Derivative instruments under hedge-accounting treatment |  | 2,232 |  | 2,616 |  | 249,632 |  | 659,389 |  | 88,029 |  | 507,403 |  | 1,509,301 |
Inter-banking borrowings |  | 559,625 |  | 359,768 |  | 109,873 |  | — |  | — |  | — |  | 1,029,266 |
Long-term debt (*) |  | 104,135 |  | 242,016 |  | 525,037 |  | 1,423,061 |  | 1,107,502 |  | 4,012,482 |  | 7,414,233 |
Other liabilities |  | 233,372 |  | 1,034 |  | 5,038 |  | 18,173 |  | 18,401 |  | 376 |  | 276,394 |
Total liabilities |  | 14,411,541 |  | 2,908,922 |  | 3,972,838 |  | 2,258,233 |  | 1,214,502 |  | 4,520,513 |  | 29,286,549 |
|  | Up to 1 month |  | Between 1 and 3 months |  | Between 3 and 12 months |  | Between 1 and 3 years |  | Between 3 and 5 years |  | More than 5 years |  | Total |
|  | MCh$ |  | MCh$ |  | MCh$ |  | MCh$ |  | MCh$ |  | MCh$ |  | MCh$ |
Liabilities as of December 31, 2017 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Current accounts and demand deposits |  | 8,959,941 |  | — |  | — |  | — |  | — |  | — |  | 8,959,941 |
Transactions in the course of payment |  | — |  | — |  | — |  | — |  | — |  | — |  | — |
Securities loaned or sold under repurchase agreements |  | 10,267 |  | — |  | — |  | — |  | — |  | — |  | 10,267 |
Savings accounts and interest-bearing deposits |  | 5,294,456 |  | 2,317,792 |  | 2,555,579 |  | 21,536 |  | 311 |  | 219 |  | 10,189,893 |
Derivative instruments under hedge-accounting treatment |  | 352 |  | 3,968 |  | 286,519 |  | 452,960 |  | 75,237 |  | 600,507 |  | 1,419,543 |
Inter-banking borrowings |  | 506,703 |  | 553,663 |  | 129,431 |  | — |  | — |  | — |  | 1,189,797 |
Long-term debt (*) |  | 158,085 |  | 266,895 |  | 727,798 |  | 1,217,226 |  | 1,349,337 |  | 3,930,440 |  | 7,649,781 |
Other liabilities |  | 146,726 |  | 918 |  | 10,921 |  | 24,038 |  | 686 |  | 154 |  | 183,443 |
Total liabilities |  | 15,076,530 |  | 3,143,236 |  | 3,710,248 |  | 1,715,760 |  | 1,425,571 |  | 4,531,320 |  | 29,602,665 |
(*) Amounts shown are not exactly the same as reported in the liabilities report which is part of the liquidity analysis, due to differences in the treatment of mortgage bonds issued by the Bank in both reports.
Schedule of Adverse scenario market factors fluctuations |
Adverse scenario market factors fluctuations
|  | CLP Derivatives (bps) |  | CLP Bonds (bps) |  | CLF Derivatives (bps) |  | CLF Bonds (bps) |  | USD Offshore 3m Derivatives (bps) |  | Spread USD On/Off Derivatives (bps) |  | Vol FX CLP/USD (%) |
3 months |  | 12 |  | 22 |  | -465 |  | -468 |  | 4 |  | -58 |  | -1.1 | %
6 months |  | 16 |  | 21 |  | -226 |  | -224 |  | 8 |  | -46 |  | -1.0 | %
9 months |  | 19 |  | 21 |  | -146 |  | -144 |  | 11 |  | -38 |  | -0.6 | %
1 year |  | 21 |  | 22 |  | -139 |  | -137 |  | 13 |  | -33 |  | -0.7 | %
2 years |  | 24 |  | 22 |  | -52 |  | -50 |  | 22 |  | -19 |  | -2.2 | %
4 years |  | 25 |  | 19 |  | -36 |  | -33 |  | 31 |  | -19 |  | — |
6 years |  | 25 |  | 19 |  | -31 |  | -27 |  | 33 |  | -19 |  | — |
10 years |  | 26 |  | 19 |  | -19 |  | -12 |  | 35 |  | -21 |  | — |
16 years |  | 26 |  | 19 |  | -20 |  | -8 |  | 35 |  | -22 |  | — |
20 years |  | 26 |  | 19 |  | -21 |  | -6 |  | 35 |  | -22 |  | — |
bps = basis points
Schedule of Potential Profit and Loss Impact on Trading Book | The impact on the Trading book as of December 31, 2017 is illustrated below:
Potential P&L Impact Trading Book (MCh$)
CLP Interest Rate |  |  |  | (2,754 | )
Derivatives |  | (529 | ) |  |
Debt instruments |  | (2,225 | ) |  |
CLF Interest Rate |  |  |  | 1,498 |
Derivatives |  | (1,819 | ) |  |
Debt instruments |  | 3,317 |  |  |
Interest rate offshore |  |  |  | (482 | )
Domestic/offshore interest rate spread |  |  |  | 979 |
Interest rate |  |  |  | (759 | )
Foreign Exchange |  |  |  | (128 | )
Options |  |  |  | 222 |
Total |  |  |  | (665 | )
Schedule of NRFF impact on accrual book for next 12-months | The impact of such fluctuations in the Accrual portfolio for the next 12 months as of December 31, 2017, which is not necessarily a gain/loss but greater/lower net revenue from funds (resulting in net interest rate generation), is illustrated below: 12-Months NRFF(*) IMPACT ACCRUAL BOOK (MCh$)
Impact due to inter-banking yield curve (swap yield) shock |  | (151,983 | )
Impact due to spreads shock |  | 28,742 |
Higher / (Lower) NRFF |  | (123,241 | )
(*) Net revenues from funds
Schedule of Potential changes in Available-for-Sale Portfolio OCI Impact |
Potential Available-for-Sale Portfolio OCI Impact
Currency |  | DV01(+1 bp) (US$) |  | Impact due to interest rate changes (MCh$) |
CLP |  | (228,868 | ) | (5,009 | )
CLF |  | (117,362 | ) | (6,740 | )
USD |  | (59,072 | ) | (3,199 | )
Total |  |  |  | (14,948 | )
Schedule of risk weighted assets, Basic Capital ratio and Regulatory Capital ratio |
|  | Consolidated assets |  | Risk-weighted assets |
|  | 2016 |  | 2017 |  | 2016 |  | 2017 |
|  | MCh$ |  | MCh$ |  | MCh$ |  | MCh$ |
Balance sheet assets (net of provisions) |  |  |  |  |  |  |  |  |
Cash and due from banks |  | 1,408,167 |  | 1,057,393 |  | 21,940 |  | 5,699 |
Transactions in the course of collection |  | 206,972 |  | 255,968 |  | 53,126 |  | 95,210 |
Financial Assets held-for-trading |  | 1,379,958 |  | 1,538,578 |  | 211,762 |  | 148,641 |
Cash collateral on securities borrowed and reverse repurchase agreements |  | 55,703 |  | 91,641 |  | 55,703 |  | 91,641 |
Derivative instruments |  | 939,649 |  | 1,247,941 |  | 703,211 |  | 927,837 |
Loans and advances to banks |  | 1,173,187 |  | 760,021 |  | 305,934 |  | 312,806 |
Loans to customers, net |  | 24,843,655 |  | 24,955,692 |  | 22,024,193 |  | 21,908,281 |
Financial assets available-for-sale |  | 374,470 |  | 1,526,315 |  | 199,860 |  | 325,209 |
Financial assets held-to-maturity |  | — |  | — |  | — |  | — |
Investments in other companies |  | 30,314 |  | 35,771 |  | 32,588 |  | 38,041 |
Intangible assets |  | 65,036 |  | 72,455 |  | 29,341 |  | 39,045 |
Property and equipment |  | 219,082 |  | 216,259 |  | 219,082 |  | 216,259 |
Investment properties |  | 14,674 |  | 14,306 |  | — |  | — |
Current tax assets |  | 6,657 |  | 23,032 |  | 679 |  | 2,303 |
Deferred tax assets |  | 176,923 |  | 161,265 |  | 30,603 |  | 26,740 |
Other assets |  | 462,857 |  | 604,800 |  | 462,185 |  | 547,974 |
Subtotal |  |  |  |  |  | 24,350,207 |  | 24,685,686 |
Off-balance-sheet assets |  |  |  |  |  |  |  |  |
Contingent loans |  | 4,154,890 |  | 3,972,260 |  | 2,491,879 |  | 2,382,653 |
Total risk-weighted assets |  |  |  |  |  | 26,842,086 |  | 27,068,339 |
|  | As of December 31, 2016 |  | As of December 31, 2017 |
|  | MCh$ |  | % |  | MCh$ |  | % |
TIER 1 Capital (*) |  | 2,887,410 |  | 8.09 |  | 3,105,714 |  | 8.39 |
TIER 2 Equity |  | 3,729,427 |  | 13.89 |  | 3,934,727 |  | 14.54 |
(*) TIER 1 Capital corresponds to equity attributable to equity holders in the Statement of Consolidated Financial Position

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