XML 260 R39.htm IDEA: XBRL DOCUMENT v3.20.1
Provisions for Loan Losses
 12 Months Ended
Dec. 31, 2019
Provisions for Loan Losses [abstract]  
Provisions for Loan Losses
33.Provisions for Loan Losses:

 

The changes in provisions for loan losses during 2017, 2018 and 2019 are the following:

 

   Loans and   Loans to customers as of December 31, 2017   Debt instruments   Provisions for     
   advance to
banks		  

Commercial

loans

  

Mortgage

loans

  

Consumer

loans

   Subtotal   at fair value
through OCI		   contingent
loan risks		   Total 
   MCh$   MCh$   MCh$   MCh$   MCh$   MCh$   MCh$   MCh$ 
Provisions established:                                
Individual provisions   (5)   ―    ―    ―    ―    ―    ―    (5)
Group provisions   ―    (47,837)   (4,361)   (247,810)   (300,008)   ―    (3,131)   (303,139)
Provisions established net   (5)   (47,837)   (4,361)   (247,810)   (300,008)   ―    (3,131)   (303,144)
                                         
Provisions released:                                        
Individual provisions   ―    28,571    ―    ―    28,571    ―    3,841    32,412 
Group provisions   ―    ―    ―    ―    ―    ―    ―    ― 
Provisions released net   ―    28,571    ―    ―    28,571    ―    3,841    32,412 
                                         
Recovery of written-off assets   ―    13,750    3,246    32,481    49,477    ―    ―    49,477 
                                         
Provisions net allowances for credit risk   (5)   (5,516)   (1,115)   (215,329)   (221,960)   ―    710    (221,255)

 

The detail of the amounts presented in the Consolidated Statement of Cash Flow is as follows:

 

   2017 
   MCh$ 
     
Allowances established of loans to customer and loans and advances to banks   (300,013)
Allowances released of loans to customer and loans and advances to banks   28,571 
Total allowances of loans to customer and loans and advances to banks   (271,442)

 

   Loans and   Loans to customers as of December 31, 2018   Debt instruments   Provisions for     
   advance to
banks		   Commercial
loans		  

Mortgage

loans

   Consumer
loans		   Subtotal   at fair value
through OCI		   contingent
loan risks		   Total 
   MCh$   MCh$   MCh$   MCh$   MCh$   MCh$   MCh$   MCh$ 
Provisions established:                                        
Individual provisions   (240)   ―    ―    ―    ―    ―    (2,368)   (2,608)
Group provisions   ―    (61,702)   (7,546)   (241,244)   (310,492)   ―    ―    (310,492)
Provisions established net   (240)   (61,702)   (7,546)   (241,244)   (310,492)   ―    (2,368)   (313,100)
                                         
Provisions released:                                        
Individual provisions   ―    871    ―    ―    871    1,552    ―    2,423 
Group provisions   ―    ―    ―    ―    ―    ―    327    327 
Provisions released net   ―    871    ―    ―    871    1,552    327    2,750 
                                         
Recovery of written-off assets   ―    13,579    4,572    42,428    60,579    ―    ―    60,579 
                                         
Provisions net allowances for credit risk   (240)   (47,252)   (2,974)   (198,816)   (249,042)   1,552    (2,041)   (249,771)

 

The detail of the amounts presented in the Consolidated Statement of Cash Flow is as follows:

 

   2018 
   MCh$ 
     
Allowances established of loans to customer and loans and advances to banks   (310,732)
Allowances released of loans to customer and loans and advances to banks   871 
Total allowances of loans to customer and loans and advances to banks   (309,861)

 

   Loans and   Loans to customers as of December 31, 2019   Debt instruments   Provisions for     
   advance to banks   Commercial
loans		   Mortgage
loans		   Consumer
loans		   Subtotal   at fair value
through OCI		   contingent
loan risks		   Total 
   MCh$   MCh$   MCh$   MCh$   MCh$   MCh$   MCh$   MCh$ 
Provisions established:                                        
Individual provisions   ―    (17,143)   ―    ―    (17,143)   (3,468)   ―    (20,611)
Group provisions   ―    (64,492)   (17,168)   (278,252)   (359,912)   ―    (2,707)   (362,619)
Provisions established net   ―    (81,635)   (17,168)   (278,252)   (377,055)   (3,468)   (2,707)   (383,230)
                                         
Provisions released:                                        
Individual provisions   902    ―    ―    ―    ―    ―    2,752    3,654 
Group provisions   ―    ―    ―    ―    ―    ―    ―    ― 
Provisions released net   902    ―    ―    ―    ―    ―    2,752    3,654 
                                         
Recovery of written-off assets   ―    12,253    5,114    30,608    47,975    ―    ―    47,975 
                                         
Provisions net allowances for credit risk   902    (69,382)   (12,054)   (247,644)   (329,080)   (3,468)   45    (331,601)

 

The detail of the amounts presented in the Consolidated Statement of Cash Flow is as follows:

 

   2019 
   MCh$ 
     
Allowances established of loans to customer and loans and advances to banks   (377,055)
Allowances released of loans to customer and loans and advances to banks   902 
Total allowances of loans to customer and loans and advances to banks   (376,153)