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Fair Value of Financial Assets and Liabilities (Details) - Schedule of Valuation Techniques and Inputs | 12 Months Ended
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Dec. 31, 2023
Level 2 of fair value hierarchy [member] | Local Bank and Corporate Bonds [Member] |
Fair Value of Financial Assets and Liabilities (Details) - Schedule of Valuation Techniques and Inputs [Line Items] |
Valuation Method | Discounted cash flows model
Description: Inputs and Sources | Prices (internal rates of return) are provided by third party price providers that are widely used in the Chilean market. Model is based on a Base Yield (Central Bank Bonds) and issuer spread. The model is based on daily prices and risk/maturity similarities between Instruments.
Level 2 of fair value hierarchy [member] | Offshore Bank and Corporate Bonds [Member] |
Fair Value of Financial Assets and Liabilities (Details) - Schedule of Valuation Techniques and Inputs [Line Items] |
Description: Inputs and Sources | Prices (internal rates of return) are provided by third party price providers that are widely used in the Chilean market. Model is based on daily prices.
Level 2 of fair value hierarchy [member] | Local Central Bank and Treasury Bonds [Member] |
Fair Value of Financial Assets and Liabilities (Details) - Schedule of Valuation Techniques and Inputs [Line Items] |
Description: Inputs and Sources | Prices (internal rates of return) are provided by third party price providers that are widely used in the Chilean market. Model is based on daily prices.
Level 2 of fair value hierarchy [member] | Mortgage Notes [Member] |
Fair Value of Financial Assets and Liabilities (Details) - Schedule of Valuation Techniques and Inputs [Line Items] |
Description: Inputs and Sources | Prices (internal rates of return) are provided by third party price providers that are widely used in the Chilean market. Model is based on a Base Yield (Central Bank Bonds) and issuer spread. The model takes into consideration daily prices and risk/maturity similarities between instruments.
Level 2 of fair value hierarchy [member] | Time Deposits [Member] |
Fair Value of Financial Assets and Liabilities (Details) - Schedule of Valuation Techniques and Inputs [Line Items] |
Description: Inputs and Sources | Prices are provided by third party price providers that are widely used in the Chilean market. Model is based on daily prices and considers risk/maturity similarities between instruments.
Level 2 of fair value hierarchy [member] | Cross Currency Swaps, Interest Rate Swaps, FX Forwards, Inflation Forwards [Member] |
Fair Value of Financial Assets and Liabilities (Details) - Schedule of Valuation Techniques and Inputs [Line Items] |
Description: Inputs and Sources | Forward Points, Inflation forecast and local swap rates are provided by market brokers that are widely used in the Chilean market Offshore rates and spreads are obtained from third party price providers that are widely used in the Chilean market. Zero Coupon rates are calculated by using the bootstrapping method over swap rates.
Level 2 of fair value hierarchy [member] | FX Options [Member] |
Fair Value of Financial Assets and Liabilities (Details) - Schedule of Valuation Techniques and Inputs [Line Items] |
Valuation Method | Black-Scholes Model
Description: Inputs and Sources | Prices for volatility surface estimates are obtained from market brokers that are widely used in the Chilean market.
Level 3 of fair value hierarchy [member] | Local Bank and Corporate Bonds [Member] |
Fair Value of Financial Assets and Liabilities (Details) - Schedule of Valuation Techniques and Inputs [Line Items] |
Valuation Method | Discounted cash flows model
Description: Inputs and Sources | Since inputs for these types of securities are not observable by the market, we model interest rate of returns for them based on a Base Yield (Central Bank Bonds) and issuer spread. These inputs (base yield and issuer spread) are provided on a daily basis by third party price providers that are widely used in the Chilean market.
Level 3 of fair value hierarchy [member] | Offshore Bank and Corporate Bonds [Member] |
Fair Value of Financial Assets and Liabilities (Details) - Schedule of Valuation Techniques and Inputs [Line Items] |
Valuation Method | Discounted cash flows model
Description: Inputs and Sources | Since inputs for these types of securities are not observable by the market, we model interest rate of returns for them based on a Base Yield (US-Libor) and issuer spread. These inputs (base yield and issuer spread) are provided on a weekly basis by third party price providers that are widely used in the Chilean market.

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- Definition The description of valuation techniques and key model inputs used to measure contingent consideration assets or liabilities. [Refer: Valuation techniques [member]] + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 3 -IssueDate 2023-01-01 -Paragraph B67 -Subparagraph b -Clause iii -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&num=3&code=ifrs-tx-2023-en-r&anchor=para_B67_b_iii&doctype=Appendix&subtype=B -URIDate 2023-03-23 + Details
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- Definition The description of the valuation techniques (for example, the market approach, cost approach and income approach) used for the fair value measurement of assets. [Refer: Valuation techniques [member]; Cost approach [member]; Income approach [member]; Market approach [member]] + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 13 -IssueDate 2023-01-01 -Paragraph 93 -Subparagraph d -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&num=13&code=ifrs-tx-2023-en-r&anchor=para_93_d&doctype=Standard -URIDate 2023-03-23 + Details
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