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v3.20.1

Income and Expenses from Fees and Commissions (Tables) | 12 Months Ended
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Dec. 31, 2019
Fee and commission income (expense) [abstract] |
Schedule of income and expenses for fees and commissions |
|  | 2017 |  |  | 2018 |  |  | 2019 |
|  | MCh$ |  |  | MCh$ |  |  | MCh$ |
Income from fees and commissions |  |  |  |  |  |  |  |  |
Debit and credit card services |  |  | 155,572 |  |  |  | 167,201 |  |  |  | 185,878 |
Investments in mutual funds and others |  |  | 86,103 |  |  |  | 91,173 |  |  |  | 101,046 |
Use of distribution channel and access to customers |  |  | 18,204 |  |  |  | 20,974 |  |  |  | 65,243 |
Collections and payments |  |  | 50,343 |  |  |  | 52,717 |  |  |  | 56,389 |
Portfolio management |  |  | 43,915 |  |  |  | 46,730 |  |  |  | 47,816 |
Fees for insurance transactions |  |  | 30,163 |  |  |  | 32,886 |  |  |  | 37,035 |
Guarantees and letter of credit |  |  | 24,485 |  |  |  | 25,021 |  |  |  | 26,101 |
Trading and securities management |  |  | 18,741 |  |  |  | 24,632 |  |  |  | 21,878 |
Brand use agreement |  |  | 14,515 |  |  |  | 14,840 |  |  |  | 16,494 |
Lines of credit and overdrafts |  |  | 5,000 |  |  |  | 4,837 |  |  |  | 4,716 |
Financial advisory services |  |  | 5,536 |  |  |  | 5,046 |  |  |  | 4,393 |
Other fees earned |  |  | 19,125 |  |  |  | 19,057 |  |  |  | 22,183 |
Total income from fees and commissions |  |  | 471,702 |  |  |  | 505,114 |  |  |  | 589,172 |
Expenses from fees and commissions |  |  |  |  |  |  |  |  |  |  |  |
Credit card transactions |  |  | (96,872 | ) |  |  | (113,403 | ) |  |  | (97,823 | )
Interbank transactions |  |  | (13,189 | ) |  |  | (16,554 | ) |  |  | (20,133 | )
Collections and payments |  |  | (6,206 | ) |  |  | (6,546 | ) |  |  | (6,284 | )
Securities transactions |  |  | (6,802 | ) |  |  | (7,544 | ) |  |  | (5,943 | )
Sales force |  |  | (213 | ) |  |  | (258 | ) |  |  | (404 | )
Other fees |  |  | (746 | ) |  |  | (854 | ) |  |  | (1,283 | )
Total expenses from fees and commissions |  |  | (124,028 | ) |  |  | (145,159 | ) |  |  | (131,870 | )

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- Definition The disclosure of income and expenses for fees and commissions shown in the consolidated statement of comprehensive income. + References No definition available. + Details
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- References No definition available. + Details
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