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Financial Assets at Fair Value Through Other Comprehensive Income (Tables)
12 Months Ended
Dec. 31, 2022
Financial Assets at Fair Value through Other Comprehensive Income [Abstract]  
Schedule of financial assets
   2022   2021 
   MCh$   MCh$ 
Debt Financial Instruments   3,967,392    3,054,809 
Equity Instruments   6,545    6,365 
Total   3,973,937    3,061,174 

 

Schedule of debt financial instruments
   2022   2021 
   MCh$   MCh$ 
Instruments issued by the Chilean Government and Central Bank of Chile        
Debt financial instruments from the Central Bank of Chile       102 
Bonds and Promissory notes from the Chilean Government   2,254,578    2,480,423 
Other fiscal debt financial instruments   4,279    8,325 
           
Other Instruments Issued in Chile          
Debt financial instruments from other domestic banks   1,494,914    538,486 
Bonds and trade effects from domestic companies   45,994    27,473 
Other debt financial instruments issued in the country        
           
Instruments Issued Abroad          
Financial instruments from foreign Central Banks        
Financial instruments from foreign governments and fiscal entities   42,017     
Debt financial instruments from other foreign banks   125,610     
Bonds and trade effects from foreign companies        
Other debt financial instruments issued abroad        
Total   3,967,392    3,054,809 

 

Schedule of credit ratings of the issuers of debt instruments
   As of December 31, 2022   As of December 31, 2021 
  

Stage 1

Individual

  

Stage 2

Individual

  

Stage 3

Individual

  

Total

Individual

  

Stage 1

Individual

  

Stage 2

Individual

  

Stage 3

Individual

  

Total

Individual

 
   MCh$   MCh$   MCh$   MCh$   MCh$   MCh$   MCh$   MCh$ 
Debt Instrument                                
Investment grade   3,967,392    
       —
    
        —
    3,967,392    3,054,795    14    
        —
    3,054,809 
Non-investment grade   
    
    
    
    
    
    
    
 
Without rating   
    
    
    
    
    
    
    
 
Total   3,967,392    
    
    3,967,392    3,054,795    14    
    3,054,809 

 

Schedule of changes in the corresponding ECLs of debt instrument
  

Stage 1

Individual

  

Stage 2

Individual

  

Stage 3

Individual

   Total 
  

Fair value

MCh$

  

ECL

MCh$

  

Fair value

MCh$

  

ECL

MCh$

  

Fair value

MCh$

  

ECL

MCh$

  

Fair value

MCh$

  

ECL

MCh$

 
Balance as of January 1, 2021   1,060,307    3,078    216    6    
    
    1,060,523    3,084 
Net change on Balance *   2,096,637    (4,265)   (276)   (8)   
    
    2,096,361    (4,273)
Change in fair value   (103,047)   
    (60)   
    
    
    (103,107)   
 
Transfer to Stage 1   
    
    
    
    
    
    
    
 
Transfer to Stage 2   (134)   (4)   134    4    
    
    
    
 
Transfer to Stage 3   
    
    
    
    
    
    
    
 
Impact on year-end ECL of exposures transferred between stages during the year **   
    
    
    
    
    
    
    
 
Impact of net re-measurement of year-end ECL   
    5,270    
    (2)   
    
    
    5,268 
Amounts written off   
    
    
    
    
    
    
    
 
Foreign exchange adjustments   1,032    6    
    
    
    
    1,032    6 
Balance as of December 31, 2021   3,054,795    4,085    14    
    
    
    3,054,809    4,085 
                                         
Balance as of January 1, 2022   3,054,795    4,085    14    
    
    
    3,054,809    4,085 
Net change on Balance *   864,521    5,411    (14)   
    
    
    864,507    5,411 
Change in fair value   48,076    
    
    
    
    
    48,076    
 
Transfer to Stage 1   
    
    
    
    
    
    
    
 
Transfer to Stage 2   
    
    
    
    
    
    
    
 
Transfer to Stage 3   
    
    
    
    
    
    
    
 
Impact on year-end ECL of exposures transferred between stages during the year **   
    
    
    
    
    
    
    
 
Impact of net re-measurement of year-end ECL   
    
    
    
    
    
    
    
 
Amounts written off   
    
    
    
    
    
    
    
 
Foreign exchange adjustments   
    
    
    
    
    
    
    
 
Balance as of December 31, 2022   3,967,392    9,496    
    
    
    
    3,967,392    9,496 

 

*Net change between assets purchased and assets derecognized excluding write offs.

**Represents the change in the year-end ECLs of exposures that were transferred from one stage to another during the year.

 

Schedule of detail of equity instruments
   2022   2021 
   MCh$   MCh$ 
Equity instruments issued in Chile   5,700    5,499 
Equity instruments issued by foreign institutions   845    866 
Total   6,545    6,365 

 

Schedule of gross realized gains and losses on the sale of debt financial instruments
   2022   2021   2020 
   MCh$   MCh$   MCh$ 
Net gain (loss) on financial assets before income tax   48,076    (51,717)   (7,675)
Income tax on other comprehensive income   804    4,171    2,304 
Net effect in equity   48,880    (47,546)   (5,371)