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Investment Properties | 12 Months Ended
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Dec. 31, 2020
Disclosure of detailed information about investment property [Abstract] |
Investment Properties |
| 16. | Investment Properties:
|  | 2018 |  |  | 2019 |  |  | 2020 |
|  | MCh$ |  |  | MCh$ |  |  | MCh$ |
Net Balance as of January 1, |  |  | 14,306 |  |  |  | 13,938 |  |  |  | 13,190 |
Additions resulting from business combinations |  |  | — |  |  |  | — |  |  |  | — |
Reclassifications |  |  | — |  |  |  | (389 | ) |  |  | — |
Disposals |  |  | — |  |  |  | — |  |  |  | — |
Depreciation charges in the period |  |  | (368 | ) |  |  | (359 | ) |  |  | (357 | )
Impairment |  |  | — |  |  |  | — |  |  |  | — |
Net Balance as of December 31, |  |  | 13,938 |  |  |  | 13,190 |  |  |  | 12,833 |
Estimated useful lives applied by the Bank are presented in Note No. 2(m) on Property and equipment. As of December 31, 2020, the fair value of the investment properties held by the Bank is Ch$47,370 million (Ch$46,613 million as of December 31, 2019). In 2020, the Bank earned income of Ch$4,546 million (Ch$6,136 million in 2019) renting out their investment properties. In the same period the Bank incurred corresponding expenses of Ch$3,131 million and Ch$2,944 million per year in 2019 and 2020.

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- Definition The entire disclosure for investment property. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IAS -Number 40 -IssueDate 2020-01-01 -Section Disclosure -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&num=40&code=ifrs-tx-2020-en-r&doctype=Standard&dita_xref=IAS40_g74-79_TI -URIDate 2020-01-01 + Details
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