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v3.19.1

Contingencies and Commitments (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2018
Contingencies and Commitments |
Commitments accounted for in off-balance sheet accounts |
|  | 2017 |  | 2018
|  | MCh$ |  | MCh$
Off-balance-sheet accounts |  |  |  |
Foreign office guarantees and standby letters of credit |  | 285,035 |  | 341,676
Confirmed foreign letters of credit |  | 64,970 |  | 56,764
Issued foreign letters of credit |  | 94,313 |  | 388,396
Performance guarantees |  | 2,220,828 |  | 2,232,682
Undrawn credit lines |  | 7,240,406 |  | 7,769,325
Other commitments |  | 60,609 |  | 46,561
Transactions on behalf of third parties |  |  |  |
Collections |  | 168,353 |  | 160,367
Third-party resources managed by the Bank: |  |  |  |
Financial assets managed on behalf of third parties |  | 7,121 |  | 27,334
Other assets managed on behalf of third parties |  | — |  | —
Financial assets acquired on its own behalf |  | 133,794 |  | 103,319
Fiduciary activities |  |  |  |
Securities held in safe custody in the Bank |  | 5,738,873 |  | 6,930,293
Securities held in safe custody in other entities |  | 14,990,439 |  | 13,783,748
Total |  | 31,004,741 |  | 31,840,465
Summary of expiration of financial guarantees |
|  | 2017
|  |  |  | Due after 1 |  | Due after 3 |  |  |  |
|  |  |  | year but |  | years but |  |  |  |
|  | Due within 1 |  | within 3 |  | within 5 |  | Due after 5 |  |
|  | year |  | years |  | years |  | years |  | Total
|  | MCh$ |  | MCh$ |  | MCh$ |  | MCh$ |  | MCh$
Performance guarantees |  | 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
|  | 2018
|  |  |  | Due after 1 |  | Due after 3 |  |  |  |
|  |  |  | year but |  | years but |  |  |  |
|  | Due within 1 |  | within 3 |  | within 5 |  | Due after 5 |  |
|  | year |  | years |  | years |  | years |  | Total
|  | MCh$ |  | MCh$ |  | MCh$ |  | MCh$ |  | MCh$
Performance guarantees |  | 1,537,447 |  | 574,650 |  | 96,841 |  | 23,744 |  | 2,232,682
Foreign office guarantees and standby letters of credit |  | 318,917 |  | 18,704 |  | 3,708 |  | 347 |  | 341,676
Total |  | 1,856,364 |  | 593,354 |  | 100,549 |  | 24,091 |  | 2,574,358
Summary of estimated date of completion of respective litigation |
|  | As of December 31, 2018
|  | 2019 |  | 2020 |  | 2021 |  | 2022 |  | Total
|  | MCh$ |  | MCh$ |  | MCh$ |  | MCh$ |  | MCh$
Legal contingencies |  | 24 |  | 180 |  | — |  | — |  | 204
(*)The trial in which the National Consumer Service brought a collective action against Banco de Chile ended by virtue of a conciliation agreement entered into between the parties on June 14, 2018, which was approved by the court by an executed resolution.
Summary of guarantees given in relation to subsidiary's business activities |
|  | 2017 |  | 2018
|  | MCh$ |  | MCh$
Guarantees: |  |  |  |
Shares to secure short-sale transactions in: |  |  |  |
Securities Exchange of the Santiago Stock Exchange |  | 20,249 |  | 59,074
Securities Exchange of the Electronic Stock Exchange of Chile |  | 29,926 |  | 17,223
Fixed income securities to ensure system CCLV, Santiago Securities Exchange, Stock Exchange |  | 3,995 |  | 5,976
Shares delivered to ensure equity loan, Chilean Electronic Stock Exchange, Stock Exchange |  | 3,864 |  | —
Total |  | 58,034 |  | 82,273
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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