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Related Party Transactions (Tables) | 12 Months Ended
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Dec. 31, 2020
Disclosure of related party [text block] [Abstract] |
Schedule of loans and accounts receivable and contingent loans to related parties |
|  | Productive and Services Companies (*) |  |  | Investment Companies (**) |  |  | Individuals (***) |  |  | Total |
|  | 2019 |  |  | 2020 |  |  | 2019 |  |  | 2020 |  |  | 2019 |  |  | 2020 |  |  | 2019 |  |  | 2020 |
|  | MCh$ |  |  | MCh$ |  |  | MCh$ |  |  | MCh$ |  |  | MCh$ |  |  | MCh$ |  |  | MCh$ |  |  | MCh$ |
Loans and accounts receivable: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Commercial loans |  |  | 174,370 |  |  |  | 122,716 |  |  |  | 130,237 |  |  |  | 164,213 |  |  |  | 13,563 |  |  |  | 12,445 |  |  |  | 318,170 |  |  |  | 299,374 |
Residential mortgage loans |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 58,477 |  |  |  | 61,131 |  |  |  | 58,477 |  |  |  | 61,131 |
Consumer loans |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 9,862 |  |  |  | 8,743 |  |  |  | 9,862 |  |  |  | 8,743 |
Gross loans |  |  | 174,370 |  |  |  | 122,716 |  |  |  | 130,237 |  |  |  | 164,213 |  |  |  | 81,902 |  |  |  | 82,319 |  |  |  | 386,509 |  |  |  | 369,248 |
Allowance for loan losses |  |  | (782 | ) |  |  | (1,264 | ) |  |  | (243 | ) |  |  | (802 | ) |  |  | (889 | ) |  |  | (390 | ) |  |  | (1,914 | ) |  |  | (2,456 | )
Net loans |  |  | 173,588 |  |  |  | 121,452 |  |  |  | 129,994 |  |  |  | 163,411 |  |  |  | 81,013 |  |  |  | 81,929 |  |  |  | 384,595 |  |  |  | 366,792 |
Contingent loans: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Guarantees and sureties |  |  | 5,531 |  |  |  | 7,277 |  |  |  | 9,470 |  |  |  | 9,469 |  |  |  | — |  |  |  | — |  |  |  | 15,001 |  |  |  | 16,746 |
Letters of credits |  |  | 2,365 |  |  |  | 2,885 |  |  |  | 328 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 2,693 |  |  |  | 2,885 |
Foreign letters of credits |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Banks guarantees |  |  | 32,650 |  |  |  | 25,129 |  |  |  | 43,478 |  |  |  | 35,733 |  |  |  | 57 |  |  |  | — |  |  |  | 76,185 |  |  |  | 60,862 |
Undrawn credit lines |  |  | 52,916 |  |  |  | 46,887 |  |  |  | 14,364 |  |  |  | 14,308 |  |  |  | 21,519 |  |  |  | 20,306 |  |  |  | 88,799 |  |  |  | 81,501 |
Other contingencies loans |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Total contingent loans |  |  | 93,462 |  |  |  | 82,178 |  |  |  | 67,640 |  |  |  | 59,510 |  |  |  | 21,576 |  |  |  | 20,306 |  |  |  | 182,678 |  |  |  | 161,994 |
Provision for contingencies loans |  |  | (214 | ) |  |  | (218 | ) |  |  | (52 | ) |  |  | (55 | ) |  |  | (37 | ) |  |  | (51 | ) |  |  | (303 | ) |  |  | (324 | )
Contingent loans, net |  |  | 93,248 |  |  |  | 81,960 |  |  |  | 67,588 |  |  |  | 59,455 |  |  |  | 21,539 |  |  |  | 20,255 |  |  |  | 182,375 |  |  |  | 161,670 |
Amount covered by guarantee: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Mortgage |  |  | 30,807 |  |  |  | 15,575 |  |  |  | 57,456 |  |  |  | 54,891 |  |  |  | 69,165 |  |  |  | 82,777 |  |  |  | 157,428 |  |  |  | 153,243 |
Warrant |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Pledge |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Others (****) |  |  | 37,794 |  |  |  | 33,474 |  |  |  | 12,921 |  |  |  | 12,117 |  |  |  | 5,250 |  |  |  | 6,582 |  |  |  | 55,965 |  |  |  | 52,173 |
Total collateral |  |  | 68,601 |  |  |  | 49,049 |  |  |  | 70,377 |  |  |  | 67,008 |  |  |  | 74,415 |  |  |  | 89,359 |  |  |  | 213,393 |  |  |  | 205,416 |
Schedule of other assets and liabilities with related parties |
|  | 2019 |  |  | 2020 |
|  | MCh$ |  |  | MCh$ |
Assets |  |  |  |  |  |  |  |
Cash and due from banks |  |  | 99,802 |  |  |  | 261,386 |
Transactions in the course of collection |  |  | 63,969 |  |  |  | 35,833 |
Financial assets held-for-trading |  |  | 880 |  |  |  | 96 |
Derivative instruments |  |  | 495,378 |  |  |  | 252,748 |
Investment instruments |  |  | 12,141 |  |  |  | 31,548 |
Other assets |  |  | 76,548 |  |  |  | 96,362 |
Total |  |  | 748,718 |  |  |  | 677,973 |
Liabilities |  |  |  |  |  |  |  |
Demand deposits |  |  | 227,377 |  |  |  | 239,139 |
Transactions in the course of payment |  |  | 16,202 |  |  |  | 37,799 |
Obligations under repurchase agreements |  |  | 54,030 |  |  |  | 24,500 |
Savings accounts and time deposits |  |  | 396,028 |  |  |  | 338,732 |
Derivative instruments |  |  | 432,669 |  |  |  | 355,099 |
Borrowings from financial institutions |  |  | 292,172 |  |  |  | 114,758 |
Lease liabilities |  |  | 11,888 |  |  |  | 10,354 |
Other liabilities |  |  | 151,335 |  |  |  | 14,699 |
Total |  |  | 1,581,701 |  |  |  | 1,135,080 |
Schedule of income and expenses from related party transactions |
|  | 2018 |  |  | 2019 |  |  | 2020 |
|  | Income |  |  | Expense |  |  | Income |  |  | Expense |  |  | Income |  |  | Expense |
Type of income or expense recognized |  | MCh$ |  |  | MCh$ |  |  | MCh$ |  |  | MCh$ |  |  | MCh$ |  |  | MCh$ |
Interest and revenue expenses |  |  | 21,736 |  |  |  | 7,196 |  |  |  | 19,039 |  |  |  | 2,619 |  |  |  | 15,790 |  |  |  | 258 |
Fees and commission income |  |  | 70,286 |  |  |  | 74,205 |  |  |  | 72,931 |  |  |  | 65,383 |  |  |  | 41,166 |  |  |  | 39,988 |
Net financial operating income |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Derivative instruments (*) |  |  | 85,500 |  |  |  | 42,365 |  |  |  | 124,967 |  |  |  | 73,252 |  |  |  | 12,219 |  |  |  | 46,593 |
Other financial operations |  |  | — |  |  |  | — |  |  |  | 87 |  |  |  | 119 |  |  |  | 40 |  |  |  | — |
Release or established of provision for credit risk |  |  | — |  |  |  | 34 |  |  |  | — |  |  |  | 106 |  |  |  | — |  |  |  | 1,226 |
Operating expenses |  |  | — |  |  |  | 105,734 |  |  |  | — |  |  |  | 120,559 |  |  |  | — |  |  |  | 119,259 |
Other income and expenses |  |  | 446 |  |  |  | 45 |  |  |  | 542 |  |  |  | 26 |  |  |  | 469 |  |  |  | 4 |
Schedule of payments and composition of key management personnel |
|  | 2018 |  |  | 2019 |  |  | 2020 |
|  | MCh$ |  |  | MCh$ |  |  | MCh$ |
Personnel remunerations |  |  | 3,926 |  |  |  | 4,148 |  |  |  | 3,918 |
Short-term benefits |  |  | 3,476 |  |  |  | 3,255 |  |  |  | 3,642 |
Severance pay |  |  | 1,037 |  |  |  | 1,264 |  |  |  | 1,550 |
Directors’ remunerations and fees (*) |  |  | 2,511 |  |  |  | 2,509 |  |  |  | 2,795 |
Total |  |  | 10,950 |  |  |  | 11,176 |  |  |  | 11,905 |
|  | N° of executives |
Position |  | 2019 |  |  | 2020 |
CEO |  | 1 |  |  | 1 |
CEOs of subsidiaries |  | 6 |  |  | 6 |
Division Managers |  | 13 |  |  | 14 |
Directors Bank and subsidiaries |  | 19 |  |  | 19 |
Total |  | 39 |  |  | 40 |

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