XML 245 R73.htm IDEA: XBRL DOCUMENT v3.20.1
Employee Benefits (Tables)
 12 Months Ended
Dec. 31, 2019
Disclosure of defined benefit plans [abstract]  
Schedule of 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).
Schedule of 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 
Schedule of principal assumptions used in determining pension obligations for the Bank's plan

 

   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 
Schedule of changes in the present value of the defined benefit obligation

 

   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 
Schedule of changes in provisions for incentive plans

 

   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 
Schedule of changes in provisions for vacation

 

   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