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Financial Liabilities at Amortized Cost (Tables)
 12 Months Ended
Dec. 31, 2023
Financial Liabilities at Amortized Cost [Abstract]  
Schedule of Financial Liabilities at Amortized Cost The item detail is as follows:
   2023   2022 
   MCh$   MCh$ 
         
Current accounts and other demand deposits   13,670,793    13,592,155 
Saving accounts and time deposits   15,538,196    14,358,987 
Obligations by repurchase agreements and securities lending   157,173    216,264 
Borrowings from financial institutions   5,360,715    5,397,676 
Debt financial instruments issued   9,360,065    9,267,947 
Other financial obligations   339,305    344,030 
Total   44,426,247    43,177,059 
Schedule of Current Accounts and Other Demand Deposits As of December 31, 2023 and 2022, the composition of current accounts and other demand deposits is as follows:
   2023   2022 
   MCh$   MCh$ 
Current accounts   11,025,685    11,172,137 
Other demand obligations   1,573,962    1,375,631 
Demand deposits accounts   625,923    657,057 
Other demand deposits   445,223    387,330 
Total   13,670,793    13,592,155 
Schedule of Composition Saving Accounts and Time Deposits As of December 31, 2023 and 2022, the composition of saving accounts and time deposits is as follows:
   2023   2022 
   MCh$   MCh$ 
Time deposits   14,979,565    13,723,090 
Term savings accounts   355,725    407,745 
Other term balances payable   202,906    228,152 
Total   15,538,196    14,358,987 

 
Schedule of Repurchase Agreements and Securities Lending The Bank obtains financing by selling financial instruments and agreeing to repurchase them in the future, plus interest at a prefixed rate. As of December 31, 2023 and 2022, the repurchase agreements are the following:
   2023   2022 
   MCh$   MCh$ 
Transaction with domestic banks        
Repurchase agreements with other banks   —    — 
Repurchase agreements with the Central Banks of Chile   —    — 
Obligations from securities lending   —    — 
           
Transaction with foreign banks          
Repurchase agreements with other banks   —    — 
Repurchase agreements with foreign Central Banks   —    — 
Obligations from securities lending   —    — 
           
Transaction with other domestic entities          
Repurchase agreements   157,173    216,264 
Obligations from securities lending   —    — 
           
Transaction with other foreign entities          
Repurchase agreements   —    — 
Obligations from securities lending   —    — 
           
Total   157,173    216,264 
Schedule of Borrowings from Financial Institutions As of December 31, 2023 and 2022, borrowings from financial institutions are detailed as follows:
   2023   2022 
   MCh$   MCh$ 
         
Domestic banks        
Banco Santander   —    2,699 
Subtotal domestic banks   —    2,699 
           
Foreign banks          
Foreign trade financing          
Bank of New York Mellon   218,686    77,846 
Bank of America   142,113    80,509 
Standard Chartered Bank   119,794    81,828 
Zurcher Kantonalbank   92,704    — 
HSBC Bank   87,602    85,153 
Citibank N.A. United State   51,297    69,810 
Caixabank S.A.   48,918    — 
Wells Fargo Bank   42,117    231,311 
Commerzbank AG   40,766    348 
Bank of Nova Scotia   —    142,787 
Industrial and Commercial Bank of China   —    1,280 
Others   92    — 
           
Borrowings and other obligations          
Wells Fargo Bank   132,523    149,944 
Citibank N.A. United State   35,345    108,017 
Commerzbank AG   117    110 
Standard Chartered Bank   —    14,281 
Deutsche Bank AG   —    3,179 
Others   60    53 
Subtotal foreign banks   1,012,134    1,046,456 
           
Chilean Central Bank (*)   4,348,581    4,348,521 
           
Total   5,360,715    5,397,676 
(*)Financing provided by the Chilean Central Bank to deliver liquidity to the economy and support the credit flow to households and companies, related to the Conditional Credit Facility to Increase Lending (FCIC by its Spanish initials).

 
Schedule of Composition of Debt Financial Instruments Issued As of December 31, 2023 and 2022, the composition of debt financial instruments issued as follows:
   2023   2022 
   MCh$   MCh$ 
Letters of credit        
Letters of credit for housing   1,433    2,328 
Letters of credit for general purposes   11    49 
           
Bonds          
Current Bonds   9,358,621    9,265,570 
Mortgage bonds   —    — 
Total   9,360,065    9,267,947 
Schedule of Short-Term Bonds Short-term Current Bonds
Counterparty  Currency  Amount
MCh$		   Annual interest rate %   Issued
date		  Maturity date
Wells Fargo Bank  USD   39,449    5.65   03/30/2023  08/01/2023
Wells Fargo Bank  USD   39,449    5.65   03/30/2023  07/28/2023
Wells Fargo Bank  USD   40,385    5.60   04/03/2023  10/02/2023
Wells Fargo Bank  USD   40,425    5.56   04/04/2023  09/01/2023
Wells Fargo Bank  USD   42,041    5.85   08/01/2023  02/01/2024
Wells Fargo Bank  USD   42,303    5.75   08/25/2023  11/27/2023
Wells Fargo Bank  USD   42,302    5.85   08/25/2023  01/22/2024
Total      286,354            

 

Short-term Bonds
Counterparty  Currency  Amount
MCh$		   Annual interest
rate %		   Issued
date		  Maturity
date
Wells Fargo Bank  USD   17,065    1.61   05/18/2022  08/16/2022
Wells Fargo Bank  USD   41,944    1.61   05/19/2022  08/17/2022
Citibank N.A.  USD   8,379    2.25   05/20/2022  11/21/2022
Citibank N.A.  USD   5,028    1.60   05/20/2022  08/22/2022
Wells Fargo Bank  USD   28,702    2.35   06/06/2022  12/06/2022
Citibank N.A.  USD   1,652    2.25   06/09/2022  12/09/2022
Wells Fargo Bank  USD   85,779    5.40   12/13/2022  06/12/2023
Wells Fargo Bank  USD   26,700    5.00   12/19/2022  03/16/2023
Total      215,249            
Schedule of Long-Term Current Bonds Long-Term Current Bonds
Serie  Currency  Amount
MCh$		   Terms
Years		   Annual interest rate %   Issued
date		  Maturity
date
BCHIGI0322  UF   143,510    12    2.61   01/06/2023  09/01/2035
BCHIDG1116  CLP   9,179    4    6.55   03/16/2023  05/01/2027
BCHIDG1116  CLP   10,604    4    6.55   03/23/2023  05/01/2027
BCHIGG1121  UF   23,889    12    2.50   04/11/2023  05/01/2035
BCHICG0815  UF   18,716    9    2.65   04/28/2023  08/01/2032
BCHIGB0322  UF   16,521    11    2.78   05/18/2023  09/01/2034
BCHICH1215  UF   10,939    9    2.96   06/02/2023  12/01/2032
BCHIGB0322  UF   7,747    11    2.78   06/06/2023  09/01/2034
BCHIBU0815  UF   10,346    6    3.39   06/08/2023  08/01/2029
BCHIBU0815  UF   18,200    6    3.39   06/09/2023  08/01/2029
BCHICE1215  UF   27,024    8    2.94   06/09/2023  12/01/2031
BCHIFW1121  UF   142,385    10    2.89   06/12/2023  05/01/2033
BCHIBU0815  UF   23,372    6    3.26   06/15/2023  08/01/2029
BCHIGB0322  UF   7,217    11    2.78   06/16/2023  09/01/2034
BCHICI0815  UF   5,658    10    3.04   08/01/2023  02/01/2033
BCHICI0815  UF   18,388    10    3.35   08/18/2023  02/01/2033
BCHICH1215  UF   8,919    9    3.34   08/24/2023  12/01/2032
BCHIBO0815  UF   22,243    4    3.61   08/25/2023  02/01/2028
BCHIBO0815  UF   48,392    4    3.61   08/29/2023  02/01/2028
BCHICE1215  UF   9,349    8    3.27   08/29/2023  12/01/2031
BCHIFB1021  UF   6,996    6    4.16   11/03/2023  04/01/2029
BCHIFB1021  UF   14,667    6    4.16   11/07/2023  04/01/2029
BCHIEY1021  UF   29,979    5    4.26   11/08/2023  04/01/2028
BCHIFB1021  UF   3,335    6    4.16   11/09/2023  04/01/2029
BCHICI0815  UF   23,720    9    3.90   11/14/2023  02/01/2033
BCHICH1215  UF   6,964    9    3.90   11/14/2023  12/01/2032
BCHIFB1021  UF   22,046    6    4.16   11/15/2023  04/01/2029
BCHICE1215  UF   3,572    8    3.64   11/22/2023  12/01/2031
BCHICE1215  UF   10,748    8    3.60   11/23/2023  12/01/2031
BCHIGH1221  UF   133,306    12    3.67   12/01/2023  06/01/2035
BCHICH1215  UF   14,144    9    3.55   12/05/2023  12/01/2032
BCHICG0815  UF   9,137    9    3.31   12/18/2023  08/01/2032
BCHICH1215  UF   9,113    9    3.21   12/20/2023  12/01/2032
Subtotal      870,325                 
                         
BOND MXN  MXN   31,968    4    TIE (28 days) + 0.85   06/01/2023  06/03/2027
BOND JPY  JPY   35,833    2    0.75   06/08/2023  06/16/2025
Subtotal other currencies      67,801                 
Total      938,126                 

 

Long-Term Current Bonds
Serie  Currency  Amount
MCh$		   Terms
Years		   Annual interest
rate %		   Issued
date		  Maturity
date
BCHIBS0815  UF   15,707    14    3.00   01/05/2022  01/05/2036
BCHIBS0815  UF   15,719    14    3.06   01/20/2022  01/20/2036
BCHICF0815  UF   65,738    17    2.65   03/01/2022  03/01/2039
BCHICP0815  UF   65,883    19    2.80   03/01/2022  03/01/2041
BCHIBS0815  UF   32,583    14    2.60   03/17/2022  03/17/2036
BCHICQ1015  UF   69,443    19    3.20   11/02/2022  11/02/2041
BCHICN0815  UF   69,802    19    3.20   11/02/2022  11/02/2041
BCHICO1215  UF   70,178    19    3.20   11/02/2022  11/02/2041
BCHICK0815  UF   73,568    18    3.20   11/14/2022  11/14/2040
BCHICM1215  UF   18,618    18    3.20   11/18/2022  11/18/2040
BCHIDV1116  UF   9,305    11    4.40   11/21/2022  11/21/2033
BCHIDV1116  UF   37,271    11    4.40   11/22/2022  11/22/2033
BCHIBU0815  UF   20,003    14    3.00   12/02/2022  12/02/2036
BCHIDU0716  UF   36,536    11    4.40   12/02/2022  12/02/2033
BCHICM1215  UF   9,453    18    3.20   12/05/2022  12/05/2040
BCHICM1215  UF   46,318    18    3.20   12/07/2022  12/07/2040
BCHICL1015  UF   74,421    18    3.20   12/07/2022  12/07/2040
BCHIGJ0522  UF   141,320    13    2.70   12/07/2022  12/07/2035
BCHICJ1215  UF   25,912    18    3.20   12/12/2022  12/12/2040
BCHICJ1215  UF   48,099    18    3.20   12/13/2022  12/13/2040
BCHIGK1221  UF   143,020    14    2.70   12/22/2022  12/22/2036
Subtotal UF      1,088,897                 
                         
BOND PEN  PEN   51,670    20    8.65   03/09/2022  03/09/2042
Subtotal other currencies      51,670                 
Total      1,140,567                 
Schedule of Other Financial Obligations As of December 31, 2023 and 2022, the composition of other financial obligations as follows:
   2023   2022 
   MCh$   MCh$ 
         
Other Chilean financial obligations   339,281    343,927 
Other financial obligations with the Public sector   24    103 
Total   339,305    344,030