XML 262 R31.htm IDEA: XBRL DOCUMENT
v3.20.1

Employee Benefits | 12 Months Ended
--- | ---
Dec. 31, 2019
Disclosure of defined benefit plans [abstract] |
Employee Benefits |
25. | Employee Benefits:
| (a) | Provisions for personnel benefits and payroll:
|  | 2018 |  |  | 2019 |
|  | MCh$ |  |  | MCh$ |
Short-term personnel benefits (a.2) |  |  | 47,797 |  |  |  | 51,051 |
Vacation accrual (a.3) |  |  | 26,855 |  |  |  | 27,609 |
Employee defined benefit plan (a.1)(*) |  |  | 7,754 |  |  |  | 7,566 |
Other Benefits |  |  | 10,173 |  |  |  | 22,849 |
Total |  |  | 92,579 |  |  |  | 109,075 |
| (*) | See Note No. 2 (x) (iii).
| (a.1) | Employee defined benefit plan:
|  | 2018 |  |  | 2019 |
|  | MCh$ |  |  | MCh$ |
Current service cost |  |  | 250 |  |  |  | 101 |
Interest cost on benefit obligation |  |  | 300 |  |  |  | 222 |
Actuarial gains and losses |  |  | 127 |  |  |  | 247 |
Net benefit expense |  |  | 677 |  |  |  | 570 |
The net benefit expense is recognized under "Personnel Expenses" (Note No. 34). The principal assumptions used in determining pension obligations for the Bank's plan are shown below:
|  | December 31, |  |  | December 31, |
|  | 2018 |  |  | 2019 |
|  | % |  |  | % |
Discount rate |  |  | 4.25 |  |  |  | 3.17 |
Annual salary increase |  |  | 4.42 |  |  |  | 4.42 |
Payment probability |  |  | 99.99 |  |  |  | 99.99 |
The most recent actuarial valuation of the present value of the benefit plan obligation was carried out at December 31, 2019. Changes in the present value of the defined benefit obligation are as follows:
|  | 2018 |  |  | 2019 |
|  | MCh$ |  |  | MCh$ |
Opening defined benefit obligation, January 1, |  |  | 7,676 |  |  |  | 7,754 |
Increase (Decrease) in provision |  |  | 550 |  |  |  | 323 |
Benefits paid |  |  | (599 | ) |  |  | (758 | )
Actuarial gains and losses |  |  | 127 |  |  |  | 247 |
Closing defined benefit obligation |  |  | 7,754 |  |  |  | 7,566 |
| (a.2) | The following table details the changes in provisions for incentive plans during 2018 and 2019:
|  | 2018 |  |  | 2019 |
|  | MCh$ |  |  | MCh$ |
Balances as of January 1, |  |  | 43,372 |  |  |  | 47,797 |
Provisions established |  |  | 40,058 |  |  |  | 45,792 |
Provisions used |  |  | (35,633 | ) |  |  | (42,538 | )
Provisions released |  |  | — |  |  |  | — |
Balances as of December 31, |  |  | 47,797 |  |  |  | 51,051 |
| (a.3) | The following table details the changes in provisions for vacation during 2018 and 2019:
|  | 2018 |  |  | 2019 |
|  | MCh$ |  |  | MCh$ |
Balances as of January 1, |  |  | 25,159 |  |  |  | 26,855 |
Provisions established |  |  | 7,529 |  |  |  | 7,257 |
Provisions used |  |  | (5,833 | ) |  |  | (6,503 | )
Provisions released |  |  | — |  |  |  | — |
Balances as of December 31, |  |  | 26,855 |  |  |  | 27,609 |
| (b) | Provisions for share-based employee benefits:
As of December 31, 2018 and 2019, the Bank and its subsidiaries do not have a stock compensation plan.

X
- References No definition available. + Details
Name: | ifrs-full_DisclosureOfDefinedBenefitPlansAbstract
Namespace Prefix: | ifrs-full_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for employee benefits. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IAS -Number 19 -IssueDate 2019-01-01 -Section Scope -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&num=19&code=ifrs-tx-2019-en-r&doctype=Standard&dita_xref=IAS19_g2-7_TI -URIDate 2019-03-27 + Details
Name: | ifrs-full_DisclosureOfEmployeeBenefitsExplanatory
Namespace Prefix: | ifrs-full_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration