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Provisions for Contingent Loans Credit Risk (Tables) | 12 Months Ended
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Dec. 31, 2024
Provisions for Contingent Loans Credit Risk (Tables) [Line Items] |
Schedule of Credit Risk for Contingent Loans | As of December 31, 2024 and 2023, for credit risk for contingent loans is composed as follows:
|  | Outstanding exposure |  |  | ECL |
|  | 2024 |  |  | 2023 |  |  | 2024 |  |  | 2023 |
|  | MCh$ |  |  | MCh$ |  |  | MCh$ |  |  | MCh$ |
Warranty by endorsement and sureties |  |  | 336,737 |  |  |  | 351,531 |  |  |  | 1,505 |  |  |  | 1,576 |
Confirmed foreign letters of credit |  |  | 160,856 |  |  |  | 83,392 |  |  |  | 92 |  |  |  | 43 |
Issued foreign letters of credit |  |  | 281,360 |  |  |  | 267,212 |  |  |  | 321 |  |  |  | 285 |
Performance guarantees |  |  | 3,124,626 |  |  |  | 2,640,297 |  |  |  | 16,923 |  |  |  | 20,565 |
Undrawn credit lines |  |  | 11,125,300 |  |  |  | 10,084,458 |  |  |  | 68,555 |  |  |  | 66,747 |
Other commitments |  |  | 51,889 |  |  |  | 120,545 |  |  |  | 89 |  |  |  | 424 |
Total |  |  | 15,080,768 |  |  |  | 13,547,435 |  |  |  | 87,485 |  |  |  | 89,640 |
Schedule of Provisions for Credit Risk for Contingent Loans | The changes of provisions for credit risk for contingent loans is as follows:
|  | Provisions for credit risk for contingent loans |  |  | Total |
|  | MCh$ |  |  | MCh$ |
Balances as of January 1, 2023 |  |  | 143,489 |  |  |  | 143,489 |
Provisions established |  |  | — |  |  |  | — |
Provisions used |  |  | — |  |  |  | — |
Provisions released |  |  | (53,875 | ) |  |  | (53,875 | )
Foreign exchange adjustments |  |  | 26 |  |  |  | 26 |
Balances as of December 31, 2023 |  |  | 89,640 |  |  |  | 89,640 |
Provisions established |  |  | — |  |  |  | — |
Provisions used |  |  | — |  |  |  | — |
Provisions released |  |  | (4,200 | ) |  |  | (4,200 | )
Foreign exchange adjustments |  |  | 2,045 |  |  |  | 2,045 |
Balances as of December 31, 2024 |  |  | 87,485 |  |  |  | 87,485 |
Schedule of Credit Quality and the Maximum Exposure to Credit Risk Based on the Bank’s | The table below shows the credit quality and the maximum exposure to credit risk based on the Bank’s internal credit rating system and year-end stage classification as of December 31, 2024 and 2023.
|  | As of December 31, 2024 |  |  |  |  |  | As of December 31, 2023 |  |  |  |
|  | Stage 1 |  |  | Stage 2 |  |  | Stage 3 |  |  |  |  |  | Stage 1 |  |  | Stage 2 |  |  | Stage 3 |  |  |  |
|  | Individual MCh$ |  |  | Group MCh$ |  |  | Individual MCh$ |  |  | Group MCh$ |  |  | Individual MCh$ |  |  | Group MCh$ |  |  | Total MCh$ |  |  | Individual MCh$ |  |  | Group MCh$ |  |  | Individual MCh$ |  |  | Group MCh$ |  |  | Individual MCh$ |  |  | Group MCh$ |  |  | Total MCh$ |
Normal |  |  | 5,328,378 |  |  |  | 9,397,036 |  |  |  | 19,936 |  |  |  | 262,865 |  |  |  | — |  |  |  | — |  |  |  | 15,008,215 |  |  |  | 4,775,026 |  |  |  | 8,422,110 |  |  |  | 16,665 |  |  |  | 254,564 |  |  |  | — |  |  |  | — |  |  |  | 13,468,365 |
Substandard |  |  | — |  |  |  | — |  |  |  | 40,227 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 40,227 |  |  |  | — |  |  |  | — |  |  |  | 51,625 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 51,625 |
Non-complying |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 24,503 |  |  |  | 7,823 |  |  |  | 32,326 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 18,861 |  |  |  | 8,584 |  |  |  | 27,445 |
Total |  |  | 5,328,378 |  |  |  | 9,397,036 |  |  |  | 60,163 |  |  |  | 262,865 |  |  |  | 24,503 |  |  |  | 7,823 |  |  |  | 15,080,768 |  |  |  | 4,775,026 |  |  |  | 8,422,110 |  |  |  | 68,290 |  |  |  | 254,564 |  |  |  | 18,861 |  |  |  | 8,584 |  |  |  | 13,547,435 |
Warranty By Endorsement And Sureties [Member] |
Provisions for Contingent Loans Credit Risk (Tables) [Line Items] |
Schedule of Changes in Outstanding Exposures and Corresponding Allowance | An analysis of changes in the outstanding exposures and corresponding provision for ECL during the 2024 and 2023 periods are as follows:
|  | Stage 1 |  |  | Stage 2 |  |  | Stage 3 |  |  |  |  |  |  |
|  | Individual |  |  | Group |  |  | Individual |  |  | Group |  |  | Individual |  |  | Group |  |  | Total |
|  | Gross carrying amount MCh$ |  |  | ECL MCh$ |  |  | Gross carrying amount MCh$ |  |  | ECL MCh$ |  |  | Gross carrying amount MCh$ |  |  | ECL MCh$ |  |  | Gross carrying amount MCh$ |  |  | ECL MCh$ |  |  | Gross carrying amount MCh$ |  |  | ECL MCh$ |  |  | Gross carrying amount MCh$ |  |  | ECL MCh$ |  |  | Gross carrying amount MCh$ |  |  | ECL MCh$ |
Outstanding exposure as of January 1, 2024 |  |  | 4,775,026 |  |  |  | 12,464 |  |  |  | 8,422,110 |  |  |  | 59,093 |  |  |  | 68,290 |  |  |  | 6,242 |  |  |  | 254,564 |  |  |  | 2,364 |  |  |  | 18,861 |  |  |  | 5,417 |  |  |  | 8,584 |  |  |  | 4,060 |  |  |  | 13,547,435 |  |  |  | 89,640 |
Net change on exposures |  |  | 446,635 |  |  |  | (2,010 | ) |  |  | 640,430 |  |  |  | 1,862 |  |  |  | (10,584 | ) |  |  | (1,642 | ) |  |  | (61,617 | ) |  |  | (72 | ) |  |  | (5,580 | ) |  |  | (2,106 | ) |  |  | (6,498 | ) |  |  | (1,056 | ) |  |  | 1,002,786 |  |  |  | (5,024 | )
Transfer to Stage 1 |  |  | 51,618 |  |  |  | 278 |  |  |  | 724,421 |  |  |  | 9,166 |  |  |  | (51,590 | ) |  |  | (269 | ) |  |  | (718,951 | ) |  |  | (6,839 | ) |  |  | (28 | ) |  |  | (9 | ) |  |  | (5,470 | ) |  |  | (2,327 | ) |  |  | — |  |  |  | — |
Transfer to Stage 2 |  |  | (64,150 | ) |  |  | (178 | ) |  |  | (781,359 | ) |  |  | (6,138 | ) |  |  | 64,276 |  |  |  | 242 |  |  |  | 781,686 |  |  |  | 6,272 |  |  |  | (126 | ) |  |  | (64 | ) |  |  | (327 | ) |  |  | (134 | ) |  |  | — |  |  |  | — |
Transfer to Stage 3 |  |  | (230 | ) |  |  | (1 | ) |  |  | (4,778 | ) |  |  | (55 | ) |  |  | (11,105 | ) |  |  | (172 | ) |  |  | (6,390 | ) |  |  | (1,511 | ) |  |  | 11,335 |  |  |  | 173 |  |  |  | 11,168 |  |  |  | 1,566 |  |  |  | — |  |  |  | — |
Impact on year-end ECL of exposures transferred between stages during the year |  |  | — |  |  |  | (137 | ) |  |  | — |  |  |  | (4,400 | ) |  |  | — |  |  |  | 497 |  |  |  | — |  |  |  | 2,192 |  |  |  | — |  |  |  | 1,314 |  |  |  | — |  |  |  | 1,359 |  |  |  | — |  |  |  | 825 |
Refinements to models used for calculation |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Foreign exchange adjustments |  |  | 119,479 |  |  |  | 268 |  |  |  | 396,212 |  |  |  | 1,500 |  |  |  | 876 |  |  |  | 25 |  |  |  | 13,573 |  |  |  | 54 |  |  |  | 41 |  |  |  | 23 |  |  |  | 366 |  |  |  | 174 |  |  |  | 530,547 |  |  |  | 2,044 |
Total |  |  | 5,328,378 |  |  |  | 10,684 |  |  |  | 9,397,036 |  |  |  | 61,028 |  |  |  | 60,163 |  |  |  | 4,923 |  |  |  | 262,865 |  |  |  | 2,460 |  |  |  | 24,503 |  |  |  | 4,748 |  |  |  | 7,823 |  |  |  | 3,642 |  |  |  | 15,080,768 |  |  |  | 87,485 |
Outstanding exposure as of January 1, 2023 |  |  | 4,622,212 |  |  |  | 13,964 |  |  |  | 7,908,219 |  |  |  | 101,406 |  |  |  | 106,552 |  |  |  | 16,785 |  |  |  | 223,861 |  |  |  | 1,724 |  |  |  | 17,709 |  |  |  | 3,654 |  |  |  | 12,242 |  |  |  | 5,956 |  |  |  | 12,890,795 |  |  |  | 143,489 |
Net change on exposures |  |  | 134,675 |  |  |  | (3,390 | ) |  |  | 532,694 |  |  |  | (36,053 | ) |  |  | (37,786 | ) |  |  | (4,364 | ) |  |  | (67,851 | ) |  |  | (1,166 | ) |  |  | (6,624 | ) |  |  | (3,062 | ) |  |  | (6,297 | ) |  |  | (1,003 | ) |  |  | 548,811 |  |  |  | (49,038 | )
Transfer to Stage 1 |  |  | 125,611 |  |  |  | 6,860 |  |  |  | 724,027 |  |  |  | 8,188 |  |  |  | (125,550 | ) |  |  | (6,811 | ) |  |  | (719,174 | ) |  |  | (5,503 | ) |  |  | (61 | ) |  |  | (49 | ) |  |  | (4,853 | ) |  |  | (2,685 | ) |  |  | — |  |  |  | — |
Transfer to Stage 2 |  |  | (134,046 | ) |  |  | (381 | ) |  |  | (819,344 | ) |  |  | (8,505 | ) |  |  | 134,146 |  |  |  | 450 |  |  |  | 819,755 |  |  |  | 8,712 |  |  |  | (100 | ) |  |  | (69 | ) |  |  | (411 | ) |  |  | (207 | ) |  |  | — |  |  |  | — |
Transfer to Stage 3 |  |  | (505 | ) |  |  | (1 | ) |  |  | (3,613 | ) |  |  | (46 | ) |  |  | (7,409 | ) |  |  | (1,161 | ) |  |  | (4,232 | ) |  |  | (385 | ) |  |  | 7,914 |  |  |  | 1,162 |  |  |  | 7,845 |  |  |  | 431 |  |  |  | — |  |  |  | — |
Impact on year-end ECL of exposures transferred between stages during the year |  |  | — |  |  |  | (6,476 | ) |  |  | — |  |  |  | (2,110 | ) |  |  | — |  |  |  | 1,382 |  |  |  | — |  |  |  | (2,001 | ) |  |  | — |  |  |  | 3,769 |  |  |  | — |  |  |  | 1,482 |  |  |  | — |  |  |  | (3,954 | )
Refinements to models used for calculation |  |  | — |  |  |  | 1,862 |  |  |  | — |  |  |  | (4,016 | ) |  |  | — |  |  |  | 231 |  |  |  | — |  |  |  | 979 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 61 |  |  |  | — |  |  |  | (883 | )
Foreign exchange adjustments |  |  | 27,079 |  |  |  | 26 |  |  |  | 80,127 |  |  |  | 229 |  |  |  | (1,663 | ) |  |  | (270 | ) |  |  | 2,205 |  |  |  | 4 |  |  |  | 23 |  |  |  | 12 |  |  |  | 58 |  |  |  | 25 |  |  |  | 107,829 |  |  |  | 26 |
Total |  |  | 4,775,026 |  |  |  | 12,464 |  |  |  | 8,422,110 |  |  |  | 59,093 |  |  |  | 68,290 |  |  |  | 6,242 |  |  |  | 254,564 |  |  |  | 2,364 |  |  |  | 18,861 |  |  |  | 5,417 |  |  |  | 8,584 |  |  |  | 4,060 |  |  |  | 13,547,435 |  |  |  | 89,640 |

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