XML 51 R28.htm IDEA: XBRL DOCUMENT
v3.22.1

Borrowings from Financial Institutions | 12 Months Ended
--- | ---
Dec. 31, 2021
Disclosure of borrowings [text block] [Abstract] |
Borrowings from Financial Institutions |
22. | Borrowings from Financial Institutions:
As of December 31, 2020 and 2021, borrowings from financial institutions are detailed as follows:
|  | 2020 |  |  | 2021 |
|  | MCh$ |  |  | MCh$ |
Domestic banks |  |  |  |  |  |
Banco do Brasil |  |  | 7,100 |  |  |  | — |
Banco Scotiabank |  |  | 1,257 |  |  |  | — |
Subtotal domestic banks |  |  | 8,357 |  |  |  | — |
Foreign banks |  |  |  |  |  |  |  |
Foreign trade financing |  |  |  |  |  |  |  |
Wells Fargo Bank |  |  | 85,734 |  |  |  | 145,070 |
Citibank N.A. United State |  |  | 114,525 |  |  |  | 70,590 |
Bank of America |  |  | 20,475 |  |  |  | 43,925 |
Sumitomo Mitsui Banking |  |  | 11,394 |  |  |  | 42,641 |
Bank of New York Mellon |  |  | 21,389 |  |  |  | 17,055 |
Standard Chartered Bank |  |  | 715 |  |  |  | 4,990 |
Commerzbank AG |  |  | 21,687 |  |  |  | 1,782 |
Bank of Tokyo |  |  | 40 |  |  |  | 412 |
The Bank of Nova Scotia |  |  | 121,085 |  |  |  | — |
Zürcher Kantonalbank |  |  | 39,116 |  |  |  | — |
Borrowings and other obligations |  |  |  |  |  |  |  |
Wells Fargo Bank |  |  | 106,965 |  |  |  | 133,692 |
Citibank N.A. United Kingdom |  |  | 233 |  |  |  | 48,120 |
Citibank N.A. United States |  |  | — |  |  |  | 4,173 |
Commerzbank AG |  |  | — |  |  |  | 568 |
Standard Chartered Bank |  |  | — |  |  |  | 211 |
Deutsche Bank Trust Company Americas |  |  | 7,333 |  |  |  | — |
Others |  |  | 105 |  |  |  | 176 |
Subtotal foreign banks |  |  | 550,796 |  |  |  | 513,405 |
Central Bank of Chile (*) |  |  | 3,110,600 |  |  |  | 4,348,460 |
Total |  |  | 3,669,753 |  |  |  | 4,861,865 |
| (*) | Financing provided by the Central Bank of Chile to deliver liquidity to the economy and support the flow of credit to households and companies, among which are the Loan Increase Conditional Credit Facility program (FCIC by its Spanish initials) and the Liquidity Credit Line (LCL).
As of December 31, 2021, the Bank has made use of these financing facilities for an amount of Ch$4,348,460 million (Ch$3,110,600 million as of December 31, 2020). To access the FCIC, the Bank has established guarantees in favor of the Central Bank of Chile for a total amount of approximately Ch$3,665,592 million, corresponding to commercial placements of the individual portfolio of high credit quality for Ch$3,024,118 million, and fixed income securities for an approximate amount of Ch$641,474 million. In the case of the LCL, the guarantee provided corresponds to the reserve held by the Bank.

X
- References No definition available. + Details
Name: | bch_DisclosureOfBorrowingsTextBlockAbstract
Namespace Prefix: | bch_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The disclosure of borrowings. [Refer: Borrowings] + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Name IAS -Number 1 -IssueDate 2021-01-01 -Paragraph 10 -Subparagraph e -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&num=1&code=ifrs-tx-2021-en-r&anchor=para_10_e&doctype=Standard -URIDate 2021-03-24 + Details
Name: | ifrs-full_DisclosureOfBorrowingsExplanatory
Namespace Prefix: | ifrs-full_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration