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Employee Benefits | 12 Months Ended
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Dec. 31, 2023
Employee Benefits Disclosure [Abstract] |
Employee Benefits |
| 25. | Employee Benefits:
As of December 31, 2023 and 2022, this item is composed as follows:
|  | 2023 |  |  | 2022 |
|  | MCh$ |  |  | MCh$ |
Short-term employee benefits |  |  | 144,455 |  |  |  | 128,580 |
Benefits to employees for contract termination |  |  | 9,677 |  |  |  | 10,735 |
Share-based employee benefits |  |  | — |  |  |  | — |
Total |  |  | 154,132 |  |  |  | 139,315 |
| (a) | Short-term employee benefits:
| (i) | Compliance bonuses provision:
|  | 2023 |  |  | 2022 |
|  | MCh$ |  |  | MCh$ |
Balances as of January 1 |  |  | 73,204 |  |  |  | 53,069 |
Net provisions established |  |  | 58,135 |  |  |  | 66,818 |
Provisions used |  |  | (60,237 | ) |  |  | (46,683 | )
Total |  |  | 71,102 |  |  |  | 73,204 |
| (ii) | Vacation provision:
|  | 2023 |  |  | 2022 |
|  | MCh$ |  |  | MCh$ |
Balances as of January 1 |  |  | 41,257 |  |  |  | 37,010 |
Net provisions established |  |  | 10,250 |  |  |  | 12,107 |
Provisions used |  |  | (8,250 | ) |  |  | (7,860 | )
Total |  |  | 43,257 |  |  |  | 41,257 |
| (iii) | Other benefits provision:
|  | 2023 |  |  | 2022 |
|  | MCh$ |  |  | MCh$ |
Balances as of January 1 |  |  | 14,119 |  |  |  | 10,439 |
Net provisions established |  |  | 54,366 |  |  |  | 38,916 |
Provisions used |  |  | (38,389 | ) |  |  | (35,236 | )
Total |  |  | 30,096 |  |  |  | 14,119 |
| (b) | Benefits to employees for contract termination:
| (i) | Changes of the provision for employee benefits due to the termination of the employment contract:
|  | 2023 |  |  | 2022 |
|  | MCh$ |  |  | MCh$ |
Present value of the obligations at the beginning of the period |  |  | 10,735 |  |  |  | 6,446 |
Increase in provision |  |  | 1,357 |  |  |  | 5,817 |
Benefit paid |  |  | (2,490 | ) |  |  | (1,658 | )
Effect of change in actuarial factors |  |  | 75 |  |  |  | 130 |
Total |  |  | 9,677 |  |  |  | 10,735 |
| (ii) | Net benefits expenses:
|  | 2023 |  |  | 2022 |
|  | MCh$ |  |  | MCh$ |
Increase in provisions |  |  | 881 |  |  |  | 5,554 |
Interest cost of benefits obligations |  |  | 476 |  |  |  | 263 |
Effect of change in actuarial factors |  |  | 75 |  |  |  | 130 |
Net benefit expenses |  |  | 1,432 |  |  |  | 5,947 |
| (iii) | Factors used in the calculation:
The main assumptions used in the determination of severance indemnity obligations for the Bank’s plan are shown below:
|  | December 31, 2023 |  |  | December 31, 2022 |
|  | % |  |  | % |
Discount rate |  |  | 5.77 |  |  |  | 5.50 |
Salary increase rate |  |  | 5.60 |  |  |  | 4.80 |
Payment probability |  |  | 99.99 |  |  |  | 99.99 |
The most recent actuarial valuation of the staff severance indemnities provision was carried out during the fourth quarter of 2023.
| (c) | Share-based compensation programs:
As of December 31, 2023 and 2022, the Bank and its subsidiaries do not have a stock-based compensation plan.

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- Definition The entire disclosure for employee benefits. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IAS -Number 19 -IssueDate 2023-01-01 -Section Scope -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&num=19&code=ifrs-tx-2023-en-r&doctype=Standard&dita_xref=IAS19_g2-7_TI -URIDate 2023-03-23 + Details
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