Interest Revenue and Expenses

12 Months Ended

Dec. 31, 2017

29. Interest Revenue and Expenses:

(a) As of each year end, interest revenue is detailed as follows:

	2015		2016		2017
	MCh$		MCh$		MCh$
Commercial loans	852,202		856,172		786,794
Consumer loans	573,306		613,962		614,393
Residential mortgage loans	469,633		447,582		401,862
Financial investments	62,860		30,725		35,403
Repurchase agreements	9,389		9,053		7,337
Loans and advances to banks	28,267		32,280		15,024
Gain (loss) from accounting hedges	(90,620	)	(76,378	)	20,722
Other interest revenue	3,420		3,596		5,165

Total	1,908,457		1,916,992		1,886,700

During the year ended December 31, 2017, interest recorded in income from impaired loans amounted to Ch$6,426 million (Ch$5,629 million as of December 31, 2016).

(b) As of each year end, interest expenses are detailed as follows:

	2015		2016		2017
	MCh$		MCh$		MCh$
Savings accounts and time deposits	341,955		376,541		297,277
Debt issued	329,111		309,589		268,203
Other financial obligations	2,249		1,916		1,640
Repurchase agreements	7,216		6,223		5,193
Borrowings from financial institutions	10,171		13,504		19,255
(Gain) loss from accounting hedges	(20,256	)	(24,190	)	54,834
Demand deposits	8,658		6,241		5,350
Other interest expenses	1,065		435		253

Total	680,169		690,259		652,005

	2015		2016		2017
	MCh$		MCh$		MCh$
Cash Flow hedge	(64,821	)	(45,559	)	(29,477	)
Fair value hedge	(5,543	)	(6,629	)	(4,635	)

Total	(70,364	)	(52,188	)	(34,112	)