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Risk Management (Tables)

12 Months Ended

Dec. 31, 2020

Disclosure of financial risk management [text block] [Abstract]

Schedule of credit risk exposure per balance sheet item, including derivatives, detailed by both geographic region and industry sector

		Chile				United States				Brazil				Other				Total
		MCh$				MCh$				MCh$				MCh$				MCh$
Financial Assets
Cash and Due from Banks			1,144,109				1,145,703				—				102,354				2,392,166

Financial Assets held-for-trading
From the Chilean Government and Central Bank of Chile			1,123,689				—				—				—				1,123,689
Other instruments issued in Chile			375,337				—				—				—				375,337
Instruments issued abroad			—				—				—				—				—
Mutual fund investments			373,329				—				—				—				373,329
Subtotal			1,872,355				—				—				—				1,872,355

Investments under resale agreements			142,329				—				—				—				142,329

Derivative Contracts for Trading Purposes
Forwards			872,481				53,923				—				30,228				956,632
Swaps			1,142,174				167,818				—				451,960				1,761,952
Call Options			4,961				—				—				—				4,961
Put Options			807				11				—				258				1,076
Futures			—				—				—				—				—
Subtotal			2,020,423				221,752				—				482,446				2,724,621

Hedge Derivative Contracts
Forwards			—				—				—				—				—
Swaps			5,864				25,780				—				29,950				61,594
Call Options			—				—				—				—				—
Put Options			—				—				—				—				—
Futures			—				—				—				—				—
Others			—				—				—				—				—
Subtotal			5,864				25,780				—				29,950				61,594

Loans and advances to Banks (before allowances)
Central Bank of Chile			630,053				—				—				—				630,053
Domestic banks			150,007				—				—				—				150,007
Foreign banks			—				—				244,969				115,162				360,131
Subtotal			780,060				—				244,969				115,162				1,140,191

Loans to Customers at amortized cost (before allowances)
Commercial loans			16,279,527				—				—				14,685				16,294,212
Residential mortgage loans			9,206,727				—				—				—				9,206,727
Consumer loans			4,532,333				—				—				—				4,532,333
Subtotal			30,018,587				—				—				14,685				30,033,272

Financial assets available-for-sale
Debt Instruments:
From the Chilean government and Central Bank of Chile			109,062				—				—				—				109,062
Other instruments issued in Chile			1,228,931				—				—				—				1,228,931
Instruments issued abroad			—				—				—				19,853				19,853
Subtotal			1,337,993				—				—				19,853				1,357,846
Equity Instruments:
Instruments issued in Chile			7,446				—				—				—				7,446
Instruments issued abroad			—				—				—				1,051				1,051
Subtotal			7,446				—				—				1,051				8,497
Total			1,345,439				—				—				20,904				1,366,343

		Central Bank of Chile				Government				Retail (Individuals)				Financial Services				Trade				Manufacturing				Mining				Electricity, Gas and Water				Agriculture and Livestock				Fishing				Transportation and Telecom				Construction				Services				Other				Total
		MCh$				MCh$				MCh$				MCh$				MCh$				MCh$				MCh$				MCh$				MCh$				MCh$				MCh$				MCh$				MCh$				MCh$				MCh$
Financial Assets
Cash and Due from Banks			178,429				—				—				2,213,737				—				—				—				—				—				—				—				—				—				—				2,392,166
Financial Assets held-for-trading
From the Chilean Government and Central Bank of Chile			1,024,525				99,164				—				—				—				—				—				—				—				—				—				—				—				—				1,123,689
Other instruments issued in Chile			—				—				—				375,337				—				—				—				—				—				—				—				—				—				—				375,337
Instruments issued abroad			—				—				—				—				—				—				—				—				—				—				—				—				—				—				—
Mutual fund investment			—				—				—				373,329				—				—				—				—				—				—				—				—				—				—				373,329
Subtotal			1,024,525				99,164				—				748,666				—				—				—				—				—				—				—				—				—				—				1,872,355
Investments under resale agreements			—				18,460				278				66,285				40,642				—				2,067				1,533				902				35				8,665				21				—				3,441				142,329
Derivative Contracts for Trading Purposes
Forwards			—				—				1,532				480,269				16,225				79				2,856				22,903				14,103				642				1,930				277				497				415,319				956,632
Swaps			—				—				4				1,693,048				9,813				7,718				19				14,184				10,232				4,275				12,526				210				—				9,923				1,761,952
Call Options			—				—				—				1,196				1,569				280				—				—				1,433				171				—				84				190				38				4,961
Put Options			—				—				—				554				522				—				—				—				—				—				—				—				—				—				1,076
Futures			—				—				—				—				—				—				—				—				—				—				—				—				—				—				—
Subtotal			—				—				1,536				2,175,067				28,129				8,077				2,875				37,087				25,768				5,088				14,456				571				687				425,280				2,724,621
Hedge Derivative Contracts
Forwards			—				—				—				—				—				—				—				—				—				—				—				—				—				—				—
Swaps			—				—				—				61,594				—				—				—				—				—				—				—				—				—				—				61,594
Call Options			—				—				—				—				—				—				—				—				—				—				—				—				—				—				—
Put Options			—				—				—				—				—				—				—				—				—				—				—				—				—				—				—
Futures			—				—				—				—				—				—				—				—				—				—				—				—				—				—				—
Subtotal			—				—				—				61,594				—				—				—				—				—				—				—				—				—				—				61,594
Loans and advances to Banks
Central Bank of Chile			630,053				—				—				—				—				—				—				—				—				—				—				—				—				—				630,053
Domestic banks			—				—				—				150,007				—				—				—				—				—				—				—				—				—				—				150,007
Foreign banks			—				—				—				360,131				—				—				—				—				—				—				—				—				—				—				360,131
Subtotal			630,053				—				—				510,138				—				—				—				—				—				—				—				—				—				—				1,140,191
Loans to Customers at amortized cost
Commercial loans			—				—				—				2,587,559				2,066,372				1,624,972				604,660				325,143				1,623,465				140,709				1,234,087				2,142,699				2,267,869				1,676,677				16,294,212
Residential mortgage loans			—				—				9,206,727				—				—				—				—				—				—				—				—				—				—				—				9,206,727
Consumer loans			—				—				4,532,333				—				—				—				—				—				—				—				—				—				—				—				4,532,333
Subtotal			—				—				13,739,060				2,587,559				2,066,372				1,624,972				604,660				325,143				1,623,465				140,709				1,234,087				2,142,699				2,267,869				1,676,677				30,033,272
Financial Assets at Fair Value through OCI
Debt Instruments:
From the Chilean Government and Central Bank of Chile			92,824				16,238				—				—				—				—				—				—				—				—				—				—				—				—				109,062
Other instruments issued in Chile			—				—				—				994,658				—				—				—				9,667				—				—				—				178,444				—				46,162				1,228,931
Instruments issued abroad			—				—				—				19,853				—				—				—				—				—				—				—				—				—				—				19,853
Subtotal			92,824				16,238				—				1,014,511				—				—				—				9,667				—				—				—				178,444				—				46,162				1,357,846
Equity Instruments:
Instruments issued in Chile			—				—				—				7,446				—				—				—				—				—				—				—				—				—				—				7,446
Instruments issued abroad			—				—				—				1,051				—				—				—				—				—				—				—				—				—				—				1,051
Subtotal			—				—				—				8,497				—				—				—				—				—				—				—				—				—				—				8,497
Total			92,824				16,238				—				1,023,008				—				—				—				9,667				—				—				—				178,444				—				46,162				1,366,343

		Chile				United States				Brazil				Other				Total
		MCh$				MCh$				MCh$				MCh$				MCh$
Financial Assets
Cash and Due from Banks			1,272,238				1,158,637				—				129,341				2,560,216

Financial Assets held-for-trading
From the Chilean Government and Central Bank of Chile			4,159,292				—				—				—				4,159,292
Other instruments issued in Chile			105,798				—				—				—				105,798
Instruments issued abroad			—				164				—				—				164
Mutual fund investments			400,902				—				—				—				400,902
Subtotal			4,665,992				164				—				—				4,666,156

Investments under resale agreements			76,407				—				—				—				76,407

Derivative Contracts for Trading Purposes
Forwards			415,349				73,805				—				62,810				551,964
Swaps			1,184,563				83,776				—				744,908				2,013,247
Call Options			269				—				—				—				269
Put Options			1,462				—				—				—				1,462
Futures			—				—				—				—				—
Subtotal			1,601,643				157,581				—				807,718				2,566,942

Hedge Derivative Contracts
Forwards			—				—				—				—				—
Swaps			1,511				18,964				—				30,587				51,062
Call Options			—				—				—				—				—
Put Options			—				—				—				—				—
Futures			—				—				—				—				—
Subtotal			1,511				18,964				—				30,587				51,062

Loans and advances to Banks (before allowances)
Central Bank of Chile			2,380,033				—				—				—				2,380,033
Domestic banks			260,002				—				—				—				260,002
Foreign banks			—				—				150,230				149,391				299,621
Subtotal			2,640,035				—				150,230				149,391				2,939,656

Loans to Customers at amortized cost (before allowances)
Commercial loans			17,591,127				—				—				10,470				17,601,597
Residential mortgage loans			9,387,372				—				—				—				9,387,372
Consumer loans			3,948,721				—				—				—				3,948,721
Subtotal			30,927,220				—				—				10,470				30,937,690

Financial assets available-for-sale
Debt Instruments:
From the Chilean government and Central Bank of Chile			163,600				—				—				—				163,600
Other instruments issued in Chile			896,923				—				—				—				896,923
Instruments issued abroad			—				—				—				—				—
Subtotal			1,060,523				—				—				—				1,060,523
Equity Instruments:
Instruments issued in Chile			6,869				—				—				—				6,869
Instruments issued abroad			—				—				—				761				761
Subtotal			6,869				—				—				761				7,630
Total			1,067,392				—				—				761				1,068,153

		Central Bank of Chile				Government				Retail (Individuals)				Financial Services				Trade				Manufacturing				Mining				Electricity, Gas and Water				Agriculture and Livestock				Fishing				Transportation and Telecom				Construction				Services				Other				Total
		MCh$				MCh$				MCh$				MCh$				MCh$				MCh$				MCh$				MCh$				MCh$				MCh$				MCh$				MCh$				MCh$				MCh$				MCh$
Financial Assets
Cash and Due from Banks			641,890				—				1,918,326				—				—				—				—				—				—				—				—				—				—				—				2,560,216
Financial Assets held-for-trading
From the Chilean Government and Central Bank of Chile			4,009,676				149,616				—				—				—				—				—				—				—				—				—				—				—				—				4,159,292
Other instruments issued in Chile			—				—				—				105,798				—				—				—				—				—				—				—				—				—				—				105,798
Instruments issued abroad			—				—				—				164				—				—				—				—				—				—				—				—				—				—				164
Mutual fund investment			—				—				—				400,902				—				—				—				—				—				—				—				—				—				—				400,902
Subtotal			4,009,676				149,616								506,864				—				—				—				—				—				—				—				—				—				—				4,666,156
Investments under resale agreements			—				10,006				950				64,554				130				—				—				—				—				—				—				146				—				621				76,407
Derivative Contracts for Trading Purposes
Forwards			—				—				—				351,833				17,280				16,078				4,456				6,253				1,071				30				2,269				265				—				152,429				551,964
Swaps			—				—				—				1,943,033				4,579				4,031				18				17,637				10,237				913				21,163				662				—				10,974				2,013,247
Call Options			—				—				—				13				205				—				—				—				40				—				—				11				—				—				269
Put Options			—				—				—				148				1,314				—				—				—				—				—				—				—				—				—				1,462
Futures			—				—				—				—				—				—				—				—				—				—				—				—				—				—				—
Subtotal			—				—				—				2,295,027				23,378				20,109				4,474				23,890				11,348				943				23,432				938				—				163,403				2,566,942
Hedge Derivative Contracts
Forwards
Swaps			—				—				—				—				—				—				—				—				—				—				—				—				—				—				—
Call Options			—				—				—				51,062				—				—				—				—				—				—				—				—				—				—				51,062
Put Options			—				—				—				—				—				—				—				—				—				—				—				—				—				—				—
Futures			—				—				—				—				—				—				—				—				—				—				—				—				—				—				—
Subtotal			—				—				—				51,062				—				—				—				—				—				—				—				—				—				—				51,062
Loans and advances to Banks
Central Bank of Chile			2,380,033				—				—				—				—				—				—				—				—				—				—				—				—				—				2,380,033
Domestic banks			—				—				—				260,002				—				—				—				—				—				—				—				—				—				—				260,002
Foreign banks			—				—				—				299,621				—				—				—				—				—				—				—				—				—				—				299,621
Subtotal			2,380,033				—				—				559,623				—				—				—				—				—				—				—				—				—				—				2,939,656
Loans to Customers at amortized cost
Commercial loans			—				—				—				2,351,333				2,544,146				1,347,770				470,607				395,598				1,647,226				135,488				1,454,404				2,453,579				3,054,194				1,747,252				17,601,597
Residential mortgage loans			—				—				9,387,372				—				—				—				—				—				—				—				—				—				—				—				9,387,372
Consumer loans			—				—				3,948,721				—				—				—				—				—				—				—				—				—				—				—				3,948,721
Subtotal			—				—				13,336,093				2,351,333				2,544,146				1,347,770				470,607				395,598				1,647,226				135,488				1,454,404				2,453,579				3,054,194				1,747,252				30,937,690
Financial Assets at Fair Value through OCI
Debt Instruments:
From the Chilean Government and Central Bank of Chile			109				163,491				—				—				—				—				—				—				—				—				—				—				—				—				163,600
Other instruments issued in Chile			—				—				—				851,468				—				4,465				—				8,089				—				—				5,334				—				—				27,567				896,923
Instruments issued abroad			—				—				—				—				—				—				—				—				—				—				—				—				—				—				—
Subtotal			109				163,491				—				851,468				—				4,465				—				8,089				—				—				5,334				—				—				27,567				1,060,523
Equity Instruments:
Instruments issued in Chile			—				—				—				6,869				—				—				—				—				—				—				—				—				—				—				6,869
Instruments issued abroad			—				—				—				761				—				—				—				—				—				—				—				—				—				—				761
Subtotal			—				—				—				7,630				—				—				—				—				—				—				—				—				—				—				7,630
Total			109				163,491				—				859,098				—				4,465				—				8,089				—				—				5,334				—				—				27,567				1,068,153

Schedule of guarantee values

						Fair value of collateral and credit enhancements held as of December 31, 2019
		Maximum exposure to credit risk				Mortgages				Pledge (*)				Securities				Warrants				Net collateral				Net exposure
Loans to customers:		MCh$				MCh$				MCh$				MCh$				MCh$				MCh$				MCh$
Corporate lending			12,117,724				2,660,585				82,365				345,246				2,182				3,090,378				9,027,346
Small business lending			4,176,488				3,208,206				30,466				26,674				—				3,265,346				911,142
Consumer lending			4,532,333				362,140				966				2,045				—				365,151				4,167,182
Mortgage lending			9,206,727				8,019,519				51				176				—				8,019,746				1,186,981
Total			30,033,272				14,250,450				113,848				374,141				2,182				14,740,621				15,292,651

						Fair value of collateral and credit enhancements held as of December 31, 2020
		Maximum exposure to credit risk				Mortgages				Pledge (*)				Securities				Warrants				Net collateral				Net exposure
Loans to customers:		MCh$				MCh$				MCh$				MCh$				MCh$				MCh$				MCh$
Corporate lending			12,810,975				3,091,284				128,366				565,761				2,842				3,788,253				9,022,722
Small business lending			4,790,622				3,178,176				28,832				14,242				—				3,221,250				1,569,372
Consumer lending			3,948,721				333,191				795				2,518				—				336,504				3,612,217
Mortgage lending			9,387,372				8,499,584				113				87				—				8,499,784				887,588
Total			30,937,690				15,102,235				158,106				582,608				2,842				15,845,791				15,091,899

(*)	Includes agricultural and industrial pledges, and pledges without conveyance.

Schedule of credit quality by asset class, based on the Bank's credit rating system

		Default
		1 to 29 days				30 to 59 days				60 to 89 days
		MCh$				MCh$				MCh$
Loans and advances to banks			31,249				—				—
Subtotal past-due loans and advances to banks			31,249				—				—
Commercial loans			213,574				54,980				27,255
Import-export financing			9,337				712				1,158
Factoring transactions			32,002				3,031				339
Commercial lease transactions			53,756				8,098				4,735
Other loans and receivables			1,947				259				115
Residential mortgage loans			152,599				73,838				32,932
Consumer loans			221,162				102,344				51,976
Subtotal past-due loans to customers			684,377				243,262				118,510
Total			715,626				243,262				118,510

		Default
		1 to 29 days				30 to 59 days				60 to 89 days
		MCh$				MCh$				MCh$
Loans and advances to banks			14,454				—				—
Subtotal past-due loans and advances to banks			14,454				—				—
Commercial loans			133,625				29,240				13,039
Import-export financing			5,246				71				223
Factoring transactions			16,255				1,464				157
Commercial lease transactions			17,889				3,904				979
Other loans and receivables			1,449				135				162
Residential mortgage loans			90,462				24,875				9,795
Consumer loans			136,147				53,786				22,764
Subtotal past-due loans to customers			401,073				113,475				47,119
Total			415,527				113,475				47,119

Schedule of aging analysis of loans

							*Past due but not impaired^()**
			Neither past due nor impaired				Up to 30 days				Over 30 days and up to 60 days				Over 60 days and up to 90 days				Over 90 days				Total
As of December 31,			MCh$				MCh$				MCh$				MCh$				MCh$				MCh$
2019				28,320,599				599,844				159,756				57,946				595				29,138,740
2020				29,425,612				272,409				51,812				13,531				451				29,763,815

(*)	These amounts include installments that are overdue, plus the remaining balance of principal and interest on such loans.

Schedule of book value of loans with renegotiated terms

Financial assets		2019				2020
		MCh$				MCh$
Loans and advances to banks
Domestic banks			—				—
Foreign banks			—				—
Subtotal			—				—
Loans to Customers at amortized cost
Commercial loans			220,056				288,094
Residential mortgage loans			11,980				253,907
Consumer loans			366,339				532,420
Subtotal			598,375				1,074,421
Total renegotiated financial assets			598,375				1,074,421

Schedule of amortized costs and net loss of modified financial assets

		2020
		MCh$
Amortized costs of financial assets modified during the period			212,655
Net modification loss			109,743

Schedule of amortized costs and net loss of modified financial assets

December 31, 2020

Post modification

Pre-modification

Gross carrying amount

Corresponding ECL

Gross carrying amount

Corresponding ECL

MCh$

MCh$

MCh$

MCh$

Facilities that have cured since modification and are now measured using 12mECLs (Stage 1)

24,432

1,907

24,759

3,474

Facilities that reverted to (Stage 2/3) lifetime ECLs having once cured

8,620

2,130

8,634

908

Schedule of COVID refinancing

				Commercial Individual				Commercial Group				Consumer				Mortgage				Total
Bank Programs (*)
Number of Operations					664				39,473				187,428				91,928				319,493
Loan value of customers		MCh$			20,436				102,398				149,918				141,403				414,155
% from the portfolio		%			0.2	%			2.1	%			3.8	%			1.5	%			1.3	%
Provisions		MCh$			592				3,005				12,462				684				16,743

								Stage 1				Stage 2				Stage 3				Total
Bank Programs (*)
Gross carrying amount		MCh$							354,632				36,850				22,674				414,155
% of portfolio		%							1.4	%			0.8	%			1.9	%			1.3	%
ECL		MCh$							9,914				3,074				3,756				16,743
% of total ECL		%							3.5	%			1.3	%			1.2	%			2.0	%

(*)	The granting of refinancing of operations associated with credit cards for MCh$147,918 is not included.

Schedule of fogape COVID credits

				Commercial Individual				Commercial Group				Consumer				Mortgage				Total
Government Programs
Number of Operations					4,036				35,209				—				—				39,245
Loan value of customers		MCh$			856,922				1,031,933				—				—				1,888,855
% from the portfolio		%			6.7	%			21.4	%			—				—				6.1	%
Provisions (*)		MCh$			21,378				8,353				—				—				29,731

								Stage 1				Stage 2				Stage 3				Total
Government Programs
Gross carrying amount		MCh$							1,395,886				482,575				10,394				1,888,855
% of portfolio		%							5.5	%			10.5	%			0.9	%			6.1	%
ECL		MCh$							10,324				17,971				1,436				29,731
% of total ECL		%							3.7	%			7.7	%			0.5	%			3.6	%

Schedule of loans include deductible amount that available from annual sales level of each institution

		Annual Income												% Deductible
		Minimum UF				Maximum UF				% Coverage				until June 2020				after June 2020
Micro and small companies			—				25,000				85.00				5.00				2.50
Medium-sized companies			25,000				100,000				80.00				3.50				2.50
Large companies I			100,000				600,000				70.00				2.50				2.50
Large companies II			600,000				1,000,000				60.00				2.50				2.50

Schedule of use of MAR

			MAR LCCY + FCCY						MAR FCCY
			MMM$						MMUS$
			1 – 30 days			1 – 90 days			1 – 30 days			1 – 90 days
Maximum			3,040			5,708			1,239			2,488
Minimum			-1,063			1,602			-390			790
Average			1,358			3,853			504			1,811

Schedule of use of Cross Currency Funding

		Cross Currency Funding
		MMUS$
Maximum			3,122
Minimum			1,724
Average			2,417

Schedule of financial ratios

		Liquid Assets/ Net Funding <30 days				Liabilities>1 year/ Assets >1 year				Deposits/ Loans
Maximum			165	%			100	%			67	%
Minimum			101	%			84	%			61	%
Average			135	%			94	%			64	%

Schedules for calculation of C46 regulatory information

		Adjusted C46 All CCYs as part of Tier-1 Capital								Adjusted C46 FCCY as part of Tier-1 Capital
		1 – 30 days				1 – 90 days				1 – 30 days
Maximum			0.48				0.66				0.33
Minimum			(0.13	)			(0.06	)			0.15
Average			0.15				0.27				0.22
Regulatory Limit			1.0				2.0				1.0

Schedule of the LCR and the NSFR

		LCR				NSFR
Maximum			2.47				1.10
Minimum			1.07				0.99
Average			1.89				1.06
Regulatory Limit			0.7	(*)			N/A

(*)	This is the current minimum value for the year 2020 and that increases 0.1 annually until reaching 1.0 in the year 2023.

Schedule of contractual maturity of financial liabilities

		Up to 1 month				1 to 3 months				3 to 12 months				1 to 3 years				3 to 5 years				Over 5 years				Total
		MCh$				MCh$				MCh$				MCh$				MCh$				MCh$				MCh$
Liabilities as of December 31, 2019
Current accounts and other demand deposits			11,326,133				—				—				—				—				—				11,326,133
Transactions in the course of payment			98,869				—				—				—				—				—				98,869
Obligations under repurchase agreements			297,011				8,582				—				—				—				—				305,593
Savings accounts and time deposits			6,421,107				1,985,948				2,250,153				284,073				491				421				10,942,193
Full delivery derivative transactions			378,151				351,351				1,132,429				974,371				669,851				797,191				4,303,344
Borrowings from financial institutions			68,843				348,228				934,144				206,811				—				—				1,558,026
Other financial obligations			142,010				292				17,529				727				167				—				160,725
Debt instruments issued			178,310				190,329				576,309				2,091,841				2,081,579				5,017,172				10,135,540
Total (excluding non-delivery derivative transactions)			18,910,434				2,884,730				4,910,564				3,557,823				2,752,088				5,814,784				38,830,423
Non - delivery derivative transactions			501,461				839,534				1,461,804				796,805				738,830				1,650,402				5,988,836

		Up to 1 month				1 to 3 months				3 to 12 months				1 to 3 years				3 to 5 years				Over 5 years				Total
		MCh$				MCh$				MCh$				MCh$				MCh$				MCh$				MCh$
Liabilities as of December 31, 2020
Current accounts and other demand deposits			15,167,229				—				—				—				—				—				15,167,229
Transactions in the course of payment			882,944				—				—				—				—				—				882,944
Obligations under repurchase agreements			289,777				43				—				—				—								289,820
Savings accounts and time deposits			6,243,204				1,964,350				648,974				59,038				1,222				156				8,916,944
Full delivery derivative transactions			396,599				364,793				1,305,210				1,088,925				549,777				934,097				4,639,401
Borrowings from financial institutions			74,424				140,455				340,532				1,020,126				2,090,600				—				3,666,137
Other financial obligations			189,003				80				334				386				37				—				189,840
Debt instruments issued			53,438				90,285				1,082,282				2,194,406				1,886,936				4,452,831				9,760,178
Total (excluding non-delivery derivative transactions)			23,296,618				2,560,006				3,377,332				4,362,881				4,528,572				5,387,084				43,512,493
Non - delivery derivative transactions			401,144				570,084				929,211				787,866				644,420				1,542,088				4,874,813

Schedule of use of VaR

			Value-at-Risk
			99% one-day confidence level
			MCh$
Maximum				3,697
Minimum				215
Average				1,319

Schedule of use of EaR

			12- months Earnings-at-Risk
			99% confidence level 3 months defeasance period
			MCh$
Maximum				100,191
Minimum				57,038
Average				80,271

Schedule of banking book interest rate exposure by contractual maturity

		Up to 1 month				Between 1 and 3 months				Between 3 and 12 months				Between 1 and 3 years				Between 3 and 5 years				More than 5 years				Total
		MCh$				MCh$				MCh$				MCh$				MCh$				MCh$				MCh$
Assets as of December 31, 2019
Cash and due from banks			2,310,055				—				—				—				—				—				2,310,055
Transactions in the course of collection			230,605				—				—				—				—				—				230,605
Investment under resale agreements			45,056				—				—				—				—				—				45,056
Derivative instruments under hedge-accounting treatment			774				36,304				28,302				257,909				348,950				1,069,919				1,742,158
Inter-banking loans			876,508				98,673				167,287				—				—				—				1,142,468
Customer loans			3,179,665				2,524,282				6,473,441				6,979,231				3,980,097				10,744,559				33,881,275
Financial Assets at Fair Value through OCI			26,180				241,326				805,844				115,805				25,219				142,005				1,356,379
Total assets			6,668,843				2,900,585				7,474,874				7,352,945				4,354,266				11,956,483				40,707,996

Assets as of December 31, 2020
Cash and due from banks			2,496,891				—				—				—				—				—				2,496,891
Transactions in the course of collection			96,444				—				—				—				—				—				96,444
Investment under resale agreements			10,007				—				—				—				—				—				10,007
Derivative instruments under hedge-accounting treatment			260				1,800				182,709				250,612				282,219				995,168				1,712,768
Inter-banking loans			2,743,250				71,543				125,574				—				—				—				2,940,367
Customer loans			3,180,598				2,339,929				6,504,393				8,134,601				4,437,666				10,877,247				35,474,434
Financial Assets at Fair Value through OCI			94,086				145,272				456,613				185,995				31,465				145,987				1,059,418
Total assets			8,621,536				2,558,544				7,269,289				8,571,208				4,751,350				12,018,402				43,790,329

		Up to 1 month				Between 1 and 3 months				Between 3 and 12 months				Between 1 and 3 years				Between 3 and 5 years				More than 5 years				Total
		MCh$				MCh$				MCh$				MCh$				MCh$				MCh$				MCh$
Liabilities as of December 31, 2019
Current accounts and demand deposits			11,382,462				—				—				—				—				—				11,382,462
Transactions in the course of payment			3,423				—				—				—				—				—				3,423
Obligations under repurchase agreements			9,068				—				—				—				—				—				9,068
Savings accounts and interest-bearing deposits			6,421,107				1,985,948				2,250,153				284,073				491				421				10,942,193
Derivative instruments under hedge-accounting treatment			156				33,740				23,300				251,136				317,886				1,117,967				1,744,185
Inter-banking borrowings			60,331				348,228				934,144				206,811				—				—				1,549,514
Long-term debt (*)			178,310				190,329				576,309				2,091,841				2,081,579				5,017,172				10,135,540
Other liabilities			142,010				292				17,529				727				167				—				160,725
Total liabilities			18,196,867				2,558,537				3,801,435				2,834,588				2,400,123				6,135,560				35,927,110

Liabilities as of December 31, 2020
Current accounts and demand deposits			15,245,137				—				—				—				—				—				15,245,137
Transactions in the course of payment			816,294				—				—				—				—				—				816,294
Obligations under repurchase agreements			13,255				—				—				—				—				—				13,255
Savings accounts and interest-bearing deposits			6,243,204				1,964,350				648,974				59,038				1,222				156				8,916,944
Derivative instruments under hedge-accounting treatment			160				291				192,625				230,742				280,421				1,057,369				1,761,608
Inter-banking borrowings			72,935				140,455				340,532				1,020,126				2,090,600				—				3,664,648
Long-term debt (*)			53,438				90,285				1,082,282				2,194,406				1,886,936				4,452,831				9,760,178
Other liabilities			189,003				80				334				386				37				—				189,840
Total liabilities			22,633,426				2,195,461				2,264,747				3,504,698				4,259,216				5,510,356				40,367,904

(*)	Amounts shown here are different from those reported in the liabilities report which is part of the liquidity analysis, due to differences in the treatment of mortgage bonds issued by the Bank in both reports.

Schedule of Adverse scenario market factors fluctuations

Average Fluctuations of Market Factors for Maximum Stress Scenario Trading Book
			CLP Derivatives				CLP Bonds				CLF Derivatives				CLF Bonds				USD Offshore Libor Derivatives				Spread USD On/Off Derivatives
			(bps)				(bps)				(bps)				(bps)				(bps)				(bps)
Less than 1 year			-4				53				-11				44				-9				-350
Greater than 1 year			5				63				2				58				-15				-334

Schedule of Potential Profit and Loss Impact on Trading Book

Most Adverse Stress Scenario P&L Impact Trading Book
(MCh$)
CLP Interest Rate							(3,564	)
Derivatives			(29	)
Debt instruments			(3,535	)
CLF Interest Rate							(395	)
Derivatives			81
Debt instruments			(476	)
Interest rate USD offshore							(284	)
Domestic/offshore interest rate spread USD							(8,164	)
Total Interest rates							(12,407	)
Total FX							(20	)
Total FX Options							(78	)
Total							(12,505	)

Schedule of NRFF impact on accrual book for next 12-months

Most Adverse Stress Scenario 12-Month Revenue Accrual Book
(MCh$)
Impact by Base Interest Rate shocks			(194,559	)
Impact due to Spreads Shocks			(6,591	)
Higher / (Lower) Net revenues			(201,150	)

Schedule of risk weighted assets, Basic Capital ratio and Regulatory Capital ratio

		Consolidated assets								Risk-weighted assets
		2019				2020				2019				2020
		MCh$				MCh$				MCh$				MCh$
Balance sheet assets (net of provisions)
Cash and due from banks			2,392,166				2,560,216				38,250				105,878
Transactions in the course of collection			331,420				163,252				167,781				151,138
Financial Assets held-for-trading			1,872,355				4,666,156				462,177				442,307
Investment under resale agreements			142,329				76,407				142,329				76,407
Derivative instruments (*)			1,555,749				1,137,195				1,124,730				828,330
Loans and advances to banks			1,140,081				2,939,198				389,417				351,068
Loans to Customers at amortized cost			29,384,039				30,101,583				25,668,329				24,998,600
Financial assets at fair value through OCI			1,366,343				1,068,153				323,160				249,239
Financial assets held to maturity			—				—				—				—
Investments in other companies			48,442				42,338				50,758				44,649
Intangible assets			91,717				94,111				58,307				60,701
Property and equipment			220,262				217,928				220,262				217,928
Leased assets			150,665				118,829				150,665				118,829
Investment properties			13,190				12,833				—				—
Current tax assets			357				22,949				36				2,295
Deferred tax assets			231,293				292,517				32,095				35,794
Other assets			843,000				556,486				862,968				400,098
Subtotal			39,783,408				44,070,151				29,691,264				28,083,261

Off-balance-sheet assets
Contingent loans			4,365,922				4,140,133				2,616,074				2,483,310
Total			44,149,330				48,210,284				32,307,338				30,566,571

		As of December 31,
		2019				2020
		MCh$				MCh$
Basic capital () (*)			3,528,222				3,726,267
Effective equity			4,569,090				4,878,500
Total consolidated assets (**)			44,408,789				48,754,455
Total consolidated assets weighted by credit risk			32,307,338				30,566,571

		Ratio
		As of December 31,
		2019				2020
		%				%
Basic capital / consolidated assets			7.94				7.64
Effective equity / consolidated assets weighted by risk			14.14				15.96

(*)	Financial derivative contracts are presented as an equivalent credit risk for the purposes of calculating consolidated assets.

(*)	The Basic Capital corresponds to the equity of the owners of the Bank in the Consolidated Statement of Financial Position.

(**)	The total consolidated assets is presented in accordance with Chilean Generally Accepted Accounting Principles as issued by the Chilean Commission for Financial Market (“CMF”). As a result, it is not directly comparable with this Consolidated Statement of Financial Position.