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Related Party Transactions (Tables) | 12 Months Ended
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Dec. 31, 2021
Disclosure of related party [text block] [Abstract] |
Schedule of loans and accounts receivable and contingent loans |
|  | Productive and Services Companies (*) |  |  | Investment Companies (**) |  |  | Individuals (***) |  |  | Total |
|  | 2020 |  |  | 2021 |  |  | 2020 |  |  | 2021 |  |  | 2020 |  |  | 2021 |  |  | 2020 |  |  | 2021 |
|  | MCh$ |  |  | MCh$ |  |  | MCh$ |  |  | MCh$ |  |  | MCh$ |  |  | MCh$ |  |  | MCh$ |  |  | MCh$ |
Loans and accounts receivable: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Commercial loans |  |  | 122,716 |  |  |  | 356,282 |  |  |  | 164,213 |  |  |  | 114,306 |  |  |  | 12,445 |  |  |  | 13,571 |  |  |  | 299,374 |  |  |  | 484,159 |
Residential mortgage loans |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 61,131 |  |  |  | 65,637 |  |  |  | 61,131 |  |  |  | 65,637 |
Consumer loans |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 8,743 |  |  |  | 10,660 |  |  |  | 8,743 |  |  |  | 10,660 |
Gross loans |  |  | 122,716 |  |  |  | 356,282 |  |  |  | 164,213 |  |  |  | 114,306 |  |  |  | 82,319 |  |  |  | 89,868 |  |  |  | 369,248 |  |  |  | 560,456 |
Allowance for loan losses |  |  | (1,264 | ) |  |  | (3,224 | ) |  |  | (802 | ) |  |  | (571 | ) |  |  | (390 | ) |  |  | (432 | ) |  |  | (2,456 | ) |  |  | (4,227 | )
Net loans |  |  | 121,452 |  |  |  | 353,058 |  |  |  | 163,411 |  |  |  | 113,735 |  |  |  | 81,929 |  |  |  | 89,436 |  |  |  | 366,792 |  |  |  | 556,229 |
Contingent loans: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Guarantees and sureties |  |  | 7,277 |  |  |  | 8,619 |  |  |  | 9,469 |  |  |  | 12,253 |  |  |  | — |  |  |  | — |  |  |  | 16,746 |  |  |  | 20,872 |
Letters of credits |  |  | 2,885 |  |  |  | 87 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 2,885 |  |  |  | 87 |
Banks guarantees |  |  | 25,129 |  |  |  | 26,872 |  |  |  | 35,733 |  |  |  | 21,852 |  |  |  | — |  |  |  | — |  |  |  | 60,862 |  |  |  | 48,724 |
Undrawn credit lines |  |  | 46,887 |  |  |  | 77,965 |  |  |  | 14,308 |  |  |  | 14,398 |  |  |  | 20,306 |  |  |  | 21,831 |  |  |  | 81,501 |  |  |  | 114,194 |
Other contingencies loans |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Total contingent loans |  |  | 82,178 |  |  |  | 113,543 |  |  |  | 59,510 |  |  |  | 48,503 |  |  |  | 20,306 |  |  |  | 21,831 |  |  |  | 161,994 |  |  |  | 183,877 |
Provision for contingencies loans |  |  | (218 | ) |  |  | (274 | ) |  |  | (55 | ) |  |  | (52 | ) |  |  | (51 | ) |  |  | (22 | ) |  |  | (324 | ) |  |  | (348 | )
Contingent loans, net |  |  | 81,960 |  |  |  | 113,269 |  |  |  | 59,455 |  |  |  | 48,451 |  |  |  | 20,255 |  |  |  | 21,809 |  |  |  | 161,670 |  |  |  | 183,529 |
Amount covered by guarantee: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Mortgage |  |  | 15,575 |  |  |  | 14,093 |  |  |  | 54,891 |  |  |  | 50,650 |  |  |  | 82,777 |  |  |  | 139,378 |  |  |  | 153,243 |  |  |  | 204,121 |
Warrant |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Pledge |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Others (****) |  |  | 33,474 |  |  |  | 27,785 |  |  |  | 12,117 |  |  |  | 17,366 |  |  |  | 6,582 |  |  |  | 6,306 |  |  |  | 52,173 |  |  |  | 51,457 |
Total collateral |  |  | 49,049 |  |  |  | 41,878 |  |  |  | 67,008 |  |  |  | 68,016 |  |  |  | 89,359 |  |  |  | 145,684 |  |  |  | 205,416 |  |  |  | 255,578 |
| (*) | For these effects are considered productive companies, those that meet the following conditions:
| (**) | Investment companies include those legal entities that do not comply with the conditions for operating companies and are profit-oriented.
| (***) | Individuals include key members of the management and correspond to those who directly or indirectly have authority and responsibility for planning, administrating and controlling the activities of the organization, including directors. This category also includes their family members who influence or are influenced by such individuals in their interactions with the organization.
| (****) | These guarantees correspond mainly to warranty by endorsement and sureties, state guarantees and other financial guarantees.
Schedule of other assets and liabilities with related parties |
|  | 2020 |  |  | 2021 |
|  | MCh$ |  |  | MCh$ |
Assets |  |  |  |  |  |
Cash and due from banks |  |  | 261,386 |  |  |  | 288,798 |
Transactions in the course of collection |  |  | 35,833 |  |  |  | 76,772 |
Financial assets held-for-trading |  |  | 96 |  |  |  | 16 |
Derivative instruments |  |  | 252,748 |  |  |  | 319,120 |
Investment instruments |  |  | 31,548 |  |  |  | 15,045 |
Other assets |  |  | 96,362 |  |  |  | 29,248 |
Total |  |  | 677,973 |  |  |  | 728,999 |
Liabilities |  |  |  |  |  |  |  |
Demand deposits |  |  | 239,139 |  |  |  | 224,675 |
Transactions in the course of payment |  |  | 37,799 |  |  |  | 75,142 |
Obligations under repurchase agreements |  |  | 24,500 |  |  |  | 531 |
Savings accounts and time deposits |  |  | 338,732 |  |  |  | 238,407 |
Derivative instruments |  |  | 355,099 |  |  |  | 313,354 |
Borrowings from financial institutions |  |  | 114,758 |  |  |  | 122,883 |
Lease liabilities |  |  | 10,354 |  |  |  | 10,256 |
Other liabilities |  |  | 14,699 |  |  |  | 56,196 |
Total |  |  | 1,135,080 |  |  |  | 1,041,444 |
Schedule of income and expenses from related party transactions |
|  | 2019 |  |  | 2020 |  |  | 2021 |
|  | Income |  |  | Expense |  |  | Income |  |  | Expense |  |  | Income |  |  | Expense |
Type of income or expense recognized |  | MCh$ |  |  | MCh$ |  |  | MCh$ |  |  | MCh$ |  |  | MCh$ |  |  | MCh$ |
Interest and revenue expenses |  |  | 19,039 |  |  |  | 2,619 |  |  |  | 15,790 |  |  |  | 258 |  |  |  | 19,421 |  |  |  | 492 |
Fees and commission income |  |  | 72,931 |  |  |  | 65,383 |  |  |  | 93,994 |  |  |  | 39,988 |  |  |  | 98,915 |  |  |  | 29,280 |
Net financial operating income |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Derivative instruments (*) |  |  | 124,967 |  |  |  | 73,252 |  |  |  | 12,219 |  |  |  | 46,593 |  |  |  | 105,964 |  |  |  | 56,189 |
Other financial operations |  |  | 87 |  |  |  | 119 |  |  |  | 40 |  |  |  | — |  |  |  | 48 |  |  |  | 23 |
Release or established of provision for credit risk |  |  | — |  |  |  | 106 |  |  |  | — |  |  |  | 1,226 |  |  |  | — |  |  |  | 1,733 |
Operating expenses |  |  | — |  |  |  | 120,559 |  |  |  | — |  |  |  | 119,259 |  |  |  | — |  |  |  | 117,912 |
Other income and expenses |  |  | 542 |  |  |  | 26 |  |  |  | 469 |  |  |  | 4 |  |  |  | 466 |  |  |  | 37 |
| (*) | The outcome of derivative operations is presented net at each related counterparty level. Additionally, this line includes operations with local counterpart banks (unrelated) which have been novated by Comder Contraparte Central S.A. (Related entity) for centralized clearing purposes, which generated a net gain of Ch$29,956 million as of December 31, 2021 (net gain of Ch$4,997 million as of December 31, 2020 and net gain of Ch$123,461 million as of December 31, 2019).
Schedule of payments and composition of key management personnel |
|  | 2019 |  |  | 2020 |  |  | 2021 |
|  | MCh$ |  |  | MCh$ |  |  | MCh$ |
Personnel remunerations |  |  | 4,148 |  |  |  | 3,918 |  |  |  | 4,233 |
Short-term benefits |  |  | 3,255 |  |  |  | 3,642 |  |  |  | 3,534 |
Severance pay |  |  | 1,264 |  |  |  | 1,550 |  |  |  | 314 |
Directors’ remunerations and fees (*) |  |  | 2,509 |  |  |  | 2,795 |  |  |  | 2,889 |
Total |  |  | 11,176 |  |  |  | 11,905 |  |  |  | 10,970 |
| (*) | It includes fees paid to members of the Advisory Committee of Banchile Corredores de Seguros Ltda, of Ch$14 million (Ch$14 million in December 2020 and Ch$13 million in December 2019).
|  | N° of executives |
Position |  | 2020 |  |  | 2021 |
CEO |  |  | 1 |  |  |  | 1 |
CEOs of subsidiaries |  |  | 6 |  |  |  | 5 |
Division Managers |  |  | 14 |  |  |  | 14 |
Directors Bank and subsidiaries |  |  | 19 |  |  |  | 18 |
Total |  |  | 40 |  |  |  | 38 |

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