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Related Party Disclosures | 12 Months Ended
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Dec. 31, 2024
Related Party Disclosures [Abstract] |
Related Party Disclosures |
| 40. | Related Party Disclosures:
Related parties are considered to be those persons or legal entities who are in positions to directly or indirectly have significant influence through their ownership or management of the Bank and its subsidiaries. According to the above, the Bank has considered as related parties those persons or legal entities who have a direct participation or through third parties on bank ownership, where such participation exceeds 5% of the shares, and also people who, regardless of ownership, have authority and responsibility for planning, management and control of the activities of the entity or its subsidiaries. There also are considered as related the companies in which the parties related by ownership or management of the Bank have a share which reaches or exceeds 5%, or has the position of director, general manager or equivalent.
| (a) | Assets and liabilities with related parties:
|  | Related Party Type |
Type of current assets and liabilities with related parties As of December 31, 2024 |  | Parent Entity |  |  | Other Legal Entity |  |  | Key Personnel of the Consolidated Bank |  |  | Other Related Party |  |  | Total |
ASSETS |  | MCh$ |  |  | MCh$ |  |  | MCh$ |  |  | MCh$ |  |  | MCh$ |
Financial assets held for trading at fair value through profit or loss |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Derivative Financial Instruments |  |  | — |  |  |  | 273,492 |  |  |  | — |  |  |  | — |  |  |  | 273,492 |
Debt financial instruments |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Other financial instruments |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Non-trading financial assets mandatorily measured at fair value through profit or loss |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Financial assets designated as at fair value through profit or loss |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Financial assets at fair value through other comprehensive income |  |  | — |  |  |  | 5,388 |  |  |  | — |  |  |  | — |  |  |  | 5,388 |
Derivative Financial Instruments for hedging purposes |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Financial assets at amortized cost: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Rights by resale agreements and securities lending |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Debt financial instruments |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Commercial loans |  |  | — |  |  |  | 266,912 |  |  |  | 1,291 |  |  |  | 9,967 |  |  |  | 278,170 |
Residential mortgage loans |  |  | — |  |  |  | — |  |  |  | 14,694 |  |  |  | 59,861 |  |  |  | 74,555 |
Consumer Loans |  |  | — |  |  |  | — |  |  |  | 1,656 |  |  |  | 11,482 |  |  |  | 13,138 |
Allowances established – Loans |  |  | — |  |  |  | (1,291 | ) |  |  | (30 | ) |  |  | (326 | ) |  |  | (1,647 | )
Other assets |  |  | 16 |  |  |  | 132,549 |  |  |  | 38 |  |  |  | 7 |  |  |  | 132,610 |
Contingent loans |  |  | — |  |  |  | 159,749 |  |  |  | 3,822 |  |  |  | 17,761 |  |  |  | 181,332 |
LIABILITIES |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Financial liabilities held for trading at fair value through profit or loss |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Derivative Financial Instruments |  |  | — |  |  |  | 300,756 |  |  |  | — |  |  |  | — |  |  |  | 300,756 |
Financial liabilities designated as at fair value through profit or loss |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Derivative Financial Instruments for hedging purposes |  |  | — |  |  |  | 3,137 |  |  |  | — |  |  |  | — |  |  |  | 3,137 |
Financial liabilities at amortized cost: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Current accounts and other demand deposits |  |  | 170 |  |  |  | 141,497 |  |  |  | 2,860 |  |  |  | 6,844 |  |  |  | 151,371 |
Saving accounts and time deposits |  |  | 151,595 |  |  |  | 78,618 |  |  |  | 3,093 |  |  |  | 19,082 |  |  |  | 252,388 |
Obligations by repurchase agreements and securities lending |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Borrowings from financial institutions |  |  | — |  |  |  | 3,175 |  |  |  | — |  |  |  | — |  |  |  | 3,175 |
Debt financial instruments issued |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Other financial obligations |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Lease liabilities |  |  | — |  |  |  | 9,200 |  |  |  | — |  |  |  | — |  |  |  | 9,200 |
Other liabilities |  |  | — |  |  |  | 140,479 |  |  |  | 532 |  |  |  | 5 |  |  |  | 141,016 |
|  | Related Party Type |
Type of current assets and liabilities with related parties As of December 31, 2023 |  | Parent Entity |  |  | Other Legal Entity |  |  | Key Personnel of the Consolidated Bank |  |  | Other Related Party |  |  | Total |
ASSETS |  | MCh$ |  |  | MCh$ |  |  | MCh$ |  |  | MCh$ |  |  | MCh$ |
Financial assets held for trading at fair value through profit or loss |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Derivative Financial Instruments |  |  | — |  |  |  | 212,147 |  |  |  | — |  |  |  | — |  |  |  | 212,147 |
Debt financial instruments |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Other financial instruments |  |  | — |  |  |  | 1,410 |  |  |  | — |  |  |  | — |  |  |  | 1,410 |
Non-trading financial assets mandatorily measured at fair value through profit or loss |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Financial assets designated as at fair value through profit or loss |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Financial assets at fair value through other comprehensive income |  |  | — |  |  |  | 6,328 |  |  |  | — |  |  |  | — |  |  |  | 6,328 |
Derivative Financial Instruments for hedging purposes |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Financial assets at amortized cost: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Rights by resale agreements and securities lending |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Debt financial instruments |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Commercial loans |  |  | — |  |  |  | 199,564 |  |  |  | 1,028 |  |  |  | 11,340 |  |  |  | 211,932 |
Residential mortgage loans |  |  | — |  |  |  | — |  |  |  | 17,975 |  |  |  | 60,153 |  |  |  | 78,128 |
Consumer Loans |  |  | — |  |  |  | 5 |  |  |  | 1,969 |  |  |  | 11,739 |  |  |  | 13,713 |
Allowances established – Loans |  |  | — |  |  |  | (1,709 | ) |  |  | (19 | ) |  |  | (312 | ) |  |  | (2,040 | )
Other assets |  |  | 10 |  |  |  | 159,805 |  |  |  | 13 |  |  |  | 16 |  |  |  | 159,844 |
Contingent loans |  |  | — |  |  |  | 119,510 |  |  |  | 4,058 |  |  |  | 17,714 |  |  |  | 141,282 |
LIABILITIES |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Financial liabilities held for trading at fair value through profit or loss |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Derivative Financial Instruments |  |  | — |  |  |  | 242,098 |  |  |  | — |  |  |  | — |  |  |  | 242,098 |
Financial liabilities designated as at fair value through profit or loss |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Derivative Financial Instruments for hedging purposes |  |  | — |  |  |  | 5,674 |  |  |  | — |  |  |  | — |  |  |  | 5,674 |
Financial liabilities at amortized cost: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Current accounts and other demand deposits |  |  | 336 |  |  |  | 200,019 |  |  |  | 2,161 |  |  |  | 7,652 |  |  |  | 210,168 |
Saving accounts and time deposits |  |  | 85,904 |  |  |  | 160,760 |  |  |  | 4,392 |  |  |  | 24,265 |  |  |  | 275,321 |
Obligations by repurchase agreements and securities lending |  |  | — |  |  |  | 2,003 |  |  |  | — |  |  |  | — |  |  |  | 2,003 |
Borrowings from financial institutions |  |  | — |  |  |  | 86,642 |  |  |  | — |  |  |  | — |  |  |  | 86,642 |
Debt financial instruments issued |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Other financial obligations |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Lease liabilities |  |  | — |  |  |  | 10,845 |  |  |  | — |  |  |  | — |  |  |  | 10,845 |
Other liabilities |  |  | — |  |  |  | 152,457 |  |  |  | 493 |  |  |  | 53 |  |  |  | 153,003 |
| (b) | Income and expenses from related party transactions (*):
As of December 31, 2024 |  | Parent Entity |  |  | Other Legal Entity |  |  | Key personnel of the consolidated Bank |  |  | Other Related party |  |  | Total |
|  | MCh$ |  |  | MCh$ |  |  | MCh$ |  |  | MCh$ |  |  | MCh$ |
Interest and UF indexation revenue |  |  | — |  |  |  | 20,660 |  |  |  | 1,059 |  |  |  | 5,964 |  |  |  | 27,683 |
Income from commissions |  |  | 146 |  |  |  | 92,827 |  |  |  | 43 |  |  |  | 71 |  |  |  | 93,087 |
Net Financial income (expense) |  |  | — |  |  |  | 35,318 |  |  |  | — |  |  |  | — |  |  |  | 35,318 |
Other income |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Total Income |  |  | 146 |  |  |  | 148,805 |  |  |  | 1,102 |  |  |  | 6,035 |  |  |  | 156,088 |
Interest and UF indexation expense |  |  | 8,420 |  |  |  | 7,166 |  |  |  | 249 |  |  |  | 1,351 |  |  |  | 17,186 |
Expenses from commissions |  |  | — |  |  |  | 28,569 |  |  |  | — |  |  |  | — |  |  |  | 28,569 |
Expenses credit losses |  |  | — |  |  |  | (1,233 | ) |  |  | 12 |  |  |  | 94 |  |  |  | (1,127 | )
Expenses from salaries and employee benefits |  |  | — |  |  |  | 312 |  |  |  | 37,918 |  |  |  | 81,818 |  |  |  | 120,048 |
Administrative expenses |  |  | — |  |  |  | 11,462 |  |  |  | 3,628 |  |  |  | 88 |  |  |  | 15,178 |
Other expenses |  |  | — |  |  |  | — |  |  |  | 1 |  |  |  | 11 |  |  |  | 12 |
Total Expenses |  |  | 8,420 |  |  |  | 46,276 |  |  |  | 41,808 |  |  |  | 83,362 |  |  |  | 179,866 |
As of December 31, 2023 |  | Parent Entity |  |  | Other Legal Entity |  |  | Key personnel of the consolidated Bank |  |  | Other Related party |  |  | Total |
|  | MCh$ |  |  | MCh$ |  |  | MCh$ |  |  | MCh$ |  |  | MCh$ |
Interest and UF indexation revenue |  |  | — |  |  |  | 29,432 |  |  |  | 1,298 |  |  |  | 6,034 |  |  |  | 36,764 |
Income from commissions |  |  | 165 |  |  |  | 103,906 |  |  |  | 24 |  |  |  | 84 |  |  |  | 104,179 |
Net Financial income (expense) |  |  | — |  |  |  | (18,367 | ) |  |  | — |  |  |  | — |  |  |  | (18,367 | )
Other income |  |  | — |  |  |  | 215 |  |  |  | — |  |  |  | — |  |  |  | 215 |
Total Income |  |  | 165 |  |  |  | 115,186 |  |  |  | 1,322 |  |  |  | 6,118 |  |  |  | 122,791 |
Interest and UF indexation expense |  |  | 1,998 |  |  |  | 7,329 |  |  |  | 546 |  |  |  | 2,505 |  |  |  | 12,378 |
Expenses from commissions |  |  | — |  |  |  | 29,508 |  |  |  | — |  |  |  | — |  |  |  | 29,508 |
Expenses credit losses |  |  | — |  |  |  | (2,078 | ) |  |  | (3 | ) |  |  | (15 | ) |  |  | (2,096 | )
Expenses from salaries and employee benefits |  |  | — |  |  |  | 421 |  |  |  | 38,083 |  |  |  | 80,430 |  |  |  | 118,934 |
Administrative expenses |  |  | — |  |  |  | 11,776 |  |  |  | 3,786 |  |  |  | 229 |  |  |  | 15,791 |
Other expenses |  |  | — |  |  |  | — |  |  |  | 2 |  |  |  | 23 |  |  |  | 25 |
Total Expenses |  |  | 1,998 |  |  |  | 46,956 |  |  |  | 42,414 |  |  |  | 83,172 |  |  |  | 174,540 |
As of December 31, 2022 |  | Parent Entity |  |  | Other Legal Entity |  |  | Key personnel of the consolidated Bank |  |  | Other Related party |  |  | Total |
|  | MCh$ |  |  | MCh$ |  |  | MCh$ |  |  | MCh$ |  |  | MCh$ |
Interest and UF indexation revenue |  |  | — |  |  |  | 49,027 |  |  |  | 2,382 |  |  |  | 9,736 |  |  |  | 61,145 |
Income from commissions |  |  | 92 |  |  |  | 112,308 |  |  |  | 20 |  |  |  | 69 |  |  |  | 112,489 |
Net Financial income (expense) |  |  | — |  |  |  | 88,103 |  |  |  | — |  |  |  | — |  |  |  | 88,103 |
Other income |  |  | — |  |  |  | 79 |  |  |  | — |  |  |  | — |  |  |  | 79 |
Total Income |  |  | 92 |  |  |  | 249,517 |  |  |  | 2,402 |  |  |  | 9,805 |  |  |  | 261,816 |
Interest and UF indexation expense |  |  | 872 |  |  |  | 11,307 |  |  |  | 182 |  |  |  | 1,393 |  |  |  | 13,754 |
Expenses from commissions |  |  | — |  |  |  | 35,948 |  |  |  | — |  |  |  | — |  |  |  | 35,948 |
Expenses credit losses |  |  | — |  |  |  | 242 |  |  |  | (5 | ) |  |  | 31 |  |  |  | 268 |
Expenses from salaries and employee benefits |  |  | — |  |  |  | 173 |  |  |  | 32,894 |  |  |  | 71,503 |  |  |  | 104,570 |
Administrative expenses |  |  | — |  |  |  | 22,254 |  |  |  | 3,603 |  |  |  | 120 |  |  |  | 25,977 |
Other expenses |  |  | — |  |  |  | 10 |  |  |  | 3 |  |  |  | 15 |  |  |  | 28 |
Total Expenses |  |  | 872 |  |  |  | 69,934 |  |  |  | 36,677 |  |  |  | 73,062 |  |  |  | 180,545 |
| (*) | This does not constitute a Statement of Income from operations with related parties since the assets with these parties are not necessarily equal to the liabilities and in each of them the total income and expenses are reflected and not those corresponding to matched operations.
| (c) | Transactions with related parties: Below are the individual transactions in the period with related parties that are legal entities, which do not correspond to the usual operations of the line of business carried out with customers in general and when said individual transactions consider a transfer of resources, services or obligations greater than UF 2,000.
As of December 31, 2024
|  |  |  | Description of the transaction |  |  |  |  |  |  | Effect on Income |  |  | Effect on Financial position |
Company name |  | Nature of the relationship with the Bank |  | Type of service |  | Term |  | Renewal conditions |  | Transactions under equivalent conditions to those transactions with mutual independence between the parties |  | Amount MCh$ |  |  | Income MCh$ |  |  | Expenses MCh$ |  |  | Accounts receivable MCh$ |  |  | Accounts payable MCh$ |
Ionix SPA |  | Other related parties |  | IT support services |  | 30 days |  | Contract |  | Yes |  |  | 141 |  |  |  | — |  |  |  | 141 |  |  |  | — |  |  |  | — |
Servipag Ltda. |  | Joint venture |  | IT support serices |  | 30 days |  | Contract |  | Yes |  |  | 367 |  |  |  | — |  |  |  | 367 |  |  |  | — |  |  |  | — |
|  |  |  | Collection services |  | 30 days |  | Contract |  | Yes |  |  | 4,235 |  |  |  | — |  |  |  | 4,235 |  |  |  | — |  |  |  | 387 |
Bolsa de Comercio de Santiago, Bolsa de Valores |  | Minority investments |  | Service of financial information |  | 30 days |  | Contract |  | Yes |  |  | 356 |  |  |  | — |  |  |  | 356 |  |  |  | — |  |  |  | 25 |
|  |  |  | Brokerage commission |  | 30 days |  | Contract |  | Yes |  |  | 423 |  |  |  | — |  |  |  | 423 |  |  |  | — |  |  |  | — |
|  |  |  | IT support services |  | 30 days |  | Contract |  | Yes |  |  | 256 |  |  |  | — |  |  |  | 256 |  |  |  | — |  |  |  | — |
Enex S.A. |  | Other related parties |  | Rent spaces for ATM |  | 30 days |  | Contract |  | Yes |  |  | 1,740 |  |  |  | — |  |  |  | 1,740 |  |  |  | — |  |  |  | 498 |
Universidad del Desarrollo |  | Other related parties |  | Advertising service |  | 30 days |  | Contract |  | Yes |  |  | 126 |  |  |  | — |  |  |  | 126 |  |  |  | — |  |  |  | — |
Universidad Adolfo Ibáñez |  | Other related parties |  | Training |  | 30 days |  | Contract |  | Yes |  |  | 272 |  |  |  | — |  |  |  | 272 |  |  |  | — |  |  |  | — |
Bolsa Electrónica de Chile S.A. |  | Minority investments |  | Brokerage commission |  | 30 days |  | Contract |  | Yes |  |  | 203 |  |  |  | — |  |  |  | 203 |  |  |  | — |  |  |  | 1 |
|  |  |  | Service of financial information |  | 30 days |  | Contract |  | Yes |  |  | 117 |  |  |  | — |  |  |  | 117 |  |  |  | — |  |  |  | — |
DCV Registros de Chile S.A. |  | Other related parties |  | IT services |  | 30 days |  | Contract |  | Yes |  |  | 294 |  |  |  | — |  |  |  | 294 |  |  |  | — |  |  |  | — |
|  |  |  | Electronic transaction management |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Redbanc S.A. |  | Associates |  | Services |  | 30 days |  | Contract |  | Yes |  |  | 17,658 |  |  |  | — |  |  |  | 17,658 |  |  |  | — |  |  |  | 1,707 |
|  |  |  | IT proyect services |  | 30 days |  | Contract |  | Yes |  |  | 132 |  |  |  | — |  |  |  | 132 |  |  |  | — |  |  |  | — |
|  |  |  | Installation services |  | 30 days |  | Contract |  | Yes |  |  | 81 |  |  |  | — |  |  |  | 81 |  |  |  | — |  |  |  | — |
|  |  |  | Fraud prevention services |  | 30 days |  | Contract |  | Yes |  |  | 108 |  |  |  | — |  |  |  | 108 |  |  |  | — |  |  |  | — |
|  |  |  | IT services |  | 30 days |  | Contract |  | Yes |  |  | 442 |  |  |  | — |  |  |  | 442 |  |  |  | — |  |  |  | — |
Depósito Central de Valores S.A. |  | Other related parties |  | Quality control and custodial services |  | 30 days |  | Contract |  | Yes |  |  | 833 |  |  |  | — |  |  |  | 833 |  |  |  | — |  |  |  | 90 |
|  |  |  | Custodial services |  | 30 days |  | Contract |  | Yes |  |  | 1,357 |  |  |  | — |  |  |  | 1,357 |  |  |  | — |  |  |  | — |
CCLV Contraparte Central S.A. |  | Minority investments |  | Brokerage commission |  | 30 days |  | Contract |  | Yes |  |  | 352 |  |  |  | — |  |  |  | 352 |  |  |  | — |  |  |  | 22 |
Manantial S.A. |  | Other related parties |  | General expenses |  | 30 days |  | Contract |  | Yes |  |  | 379 |  |  |  | — |  |  |  | 379 |  |  |  | — |  |  |  | — |
Sociedad Operadora de la Cámara de Compensación de Pagos de Alto Valor S.A. |  | Associates |  | Collection services |  | 30 days |  | Contract |  | Yes |  |  | 881 |  |  |  | — |  |  |  | 881 |  |  |  | — |  |  |  | 91 |
Comder Contraparte Central S.A. |  | Other related parties |  | Securities clearing services |  | 30 days |  | Contract |  | Yes |  |  | 529 |  |  |  | — |  |  |  | 529 |  |  |  | — |  |  |  | — |
Citigroup Global Markets INC |  | Other related parties |  | Brokerage commission |  | 30 days |  | Contract |  | Yes |  |  | 387 |  |  |  | — |  |  |  | 387 |  |  |  | — |  |  |  | 29 |
Transbank S.A. |  | Associates |  | Card processing |  | 30 days |  | Contract |  | Yes |  |  | 498 |  |  |  | — |  |  |  | 498 |  |  |  |  |  |  |  | 97 |
|  |  |  | Project consultation |  | 30 days |  | Contract |  | Yes |  |  | 114 |  |  |  | — |  |  |  | 114 |  |  |  | — |  |  |  | — |
|  |  |  | Fraud Prevention services |  | 30 days |  | Contract |  | Yes |  |  | 87 |  |  |  | — |  |  |  | 87 |  |  |  | — |  |  |  | — |
|  |  |  | Exchange commission |  | 30 days |  | Contract |  | Yes |  |  | 79,025 |  |  |  | 79,025 |  |  |  | — |  |  |  | — |  |  |  | — |
Centro de Compensación Automatizado S.A. |  | Associates |  | Fraud Prevention services |  | 30 days |  | Contract |  | Yes |  |  | 657 |  |  |  | — |  |  |  | 657 |  |  |  | — |  |  |  | 333 |
|  |  |  | Collection services |  | 30 days |  | Contract |  | Yes |  |  | 187 |  |  |  | — |  |  |  | 187 |  |  |  | — |  |  |  | — |
|  |  |  | Transfer services |  | 30 days |  | Contract |  | Yes |  |  | 2,803 |  |  |  | — |  |  |  | 2,803 |  |  |  | — |  |  |  | — |
Artikos Chile S.A. |  | Joint venture |  | IT support services |  | 30 days |  | Contract |  | Yes |  |  | 422 |  |  |  | — |  |  |  | 422 |  |  |  | — |  |  |  | 2 |
|  |  |  | IT services |  | 30 days |  | Contract |  | Yes |  |  | 465 |  |  |  | — |  |  |  | 465 |  |  |  | — |  |  |  | — |
Citibank N.A. |  | Other related parties |  | Connectivity business commissions |  | Quarterly |  | Contract |  | Yes |  |  | 8,065 |  |  |  | 8,065 |  |  |  | — |  |  |  | 3,272 |  |  |  | — |
Fundación Teletón |  | Other related parties |  | Advertising services |  | 30 days |  | Contract |  | Yes |  |  | 449 |  |  |  | — |  |  |  | 449 |  |  |  | — |  |  |  | 121 |
|  |  |  | Donations |  | 30 days |  | Contract |  | Yes |  |  | 1,599 |  |  |  | — |  |  |  | 1,599 |  |  |  | — |  |  |  | — |
Canal 13 |  | Other related parties |  | Advertising services |  | 30 days |  | Contract |  | Yes |  |  | 202 |  |  |  | — |  |  |  | 202 |  |  |  | — |  |  |  | 73 |
Inmobiliaria e Inversiones Capitolio S.A. |  | Other related parties |  | Leases |  | 30 days |  | Contract |  | Yes |  |  | 84 |  |  |  | — |  |  |  | 84 |  |  |  | — |  |  |  | — |
Nuevos Desarrollos S.A. |  | Other related parties |  | Financial lease agreements |  | 30 days |  | Contract |  | Yes |  |  | 180 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 496 |
Plaza Vespucio SPA |  | Other related parties |  | Financial lease agreements |  | 30 days |  | Contract |  | Yes |  |  | 127 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 154 |
Plaza Oeste SPA |  | Other related parties |  | Financial lease agreements |  | 30 days |  | Contract |  | Yes |  |  | 254 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 810 |
Plaza del Trebol SPA |  | Other related parties |  | Financial lease agreements |  | 30 days |  | Contract |  | Yes |  |  | 270 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 73 |
Plaza Tobalaba SPA |  | Other related parties |  | Financial lease agreements |  | 30 days |  | Contract |  | Yes |  |  | 135 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 113 |
Plaza La Serena SPA |  | Other related parties |  | Financial lease agreements |  | 30 days |  | Contract |  | Yes |  |  | 223 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 543 |
Inmobiliaria Mall Calama S.A. |  | Other related parties |  | Financial lease agreements |  | 30 days |  | Contract |  | Yes |  |  | 141 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 137 |
As of December 31, 2023
|  |  |  | Description of the transaction |  |  |  |  |  |  | Effect on Income |  |  | Effect on Financial position |
Company name |  | Nature of the relationship with the Bank |  | Type of service |  | Term |  | Renewal conditions |  | Transactions under equivalent conditions to those transactions with mutual independence between the parties |  | Amount MCh$ |  |  | Income MCh$ |  |  | Expenses MCh$ |  |  | Accounts receivable MCh$ |  |  | Accounts payable MCh$ |
Ionix SPA |  | Other related parties |  | IT license services |  | 30 days |  | Contract |  | Yes |  |  | 637 |  |  |  | — |  |  |  | 637 |  |  |  | — |  |  |  | 61 |
|  |  |  | IT support services |  | 30 days |  | Contract |  | Yes |  |  | 349 |  |  |  | — |  |  |  | 349 |  |  |  | — |  |  |  | — |
Servipag Ltda. |  | Joint venture |  | IT support services |  | 30 days |  | Contract |  | Yes |  |  | 386 |  |  |  | — |  |  |  | 386 |  |  |  | — |  |  |  | — |
|  |  |  | Collection services |  | 30 days |  | Contract |  | Yes |  |  | 4,358 |  |  |  | — |  |  |  | 4,358 |  |  |  | — |  |  |  | 432 |
|  |  |  | Software services |  | 30 days |  | Contract |  | Yes |  |  | 220 |  |  |  | — |  |  |  | 220 |  |  |  | — |  |  |  | — |
Bolsa de Comercio de Santiago, Bolsa de Valores |  | Minority investments |  | Service of financial information |  | 30 days |  | Contract |  | Yes |  |  | 362 |  |  |  | — |  |  |  | 362 |  |  |  | — |  |  |  | 1 |
|  |  |  | Brokerage commission |  | 30 days |  | Contract |  | Yes |  |  | 344 |  |  |  | — |  |  |  | 344 |  |  |  | — |  |  |  | — |
|  |  |  | IT support services |  | 30 days |  | Contract |  | Yes |  |  | 289 |  |  |  | — |  |  |  | 289 |  |  |  | — |  |  |  | — |
Enex S.A. |  | Other related parties |  | Rent spaces for ATM |  | 30 days |  | Contract |  | Yes |  |  | 1,381 |  |  |  | — |  |  |  | 1,381 |  |  |  | — |  |  |  | 221 |
DCV Registros S.A. |  | Other related parties |  | IT services |  | 30 days |  | Contract |  | Yes |  |  | 319 |  |  |  | — |  |  |  | 319 |  |  |  | — |  |  |  | — |
CCLV Contraparte Central S.A. |  | Minority investments |  | Brokerage commission |  | 30 days |  | Contract |  | Yes |  |  | 272 |  |  |  | — |  |  |  | 272 |  |  |  | — |  |  |  | — |
Redbanc S.A. |  | Associates |  | Electronic transaction management services |  | 30 days |  | Contract |  | Yes |  |  | 15,570 |  |  |  | — |  |  |  | 15,570 |  |  |  | — |  |  |  | 1,589 |
|  |  |  | IT proyect services |  | 30 days |  | Contract |  | Yes |  |  | 542 |  |  |  | — |  |  |  | 542 |  |  |  | — |  |  |  | — |
|  |  |  | IT services |  | 30 days |  | Contract |  | Yes |  |  | 330 |  |  |  | — |  |  |  | 330 |  |  |  | — |  |  |  | — |
|  |  |  | Fraud prevention services |  | 30 days |  | Contract |  | Yes |  |  | 82 |  |  |  | — |  |  |  | 82 |  |  |  | — |  |  |  | — |
Sistemas Oracle de Chile Ltda. |  | Other related parties |  | IT services |  | 30 days |  | Contract |  | Yes |  |  | 91 |  |  |  | — |  |  |  | 91 |  |  |  | — |  |  |  | — |
|  |  |  | IT support services |  | 30 days |  | Contract |  | Yes |  |  | 1,326 |  |  |  | — |  |  |  | 1,326 |  |  |  | — |  |  |  | — |
Depósito Central de Valores S.A. |  | Other related parties |  | Quality control and custodial services |  | 30 days |  | Contract |  | Yes |  |  | 1,026 |  |  |  | — |  |  |  | 1,026 |  |  |  | — |  |  |  | 42 |
|  |  |  | Custodial services |  | 30 days |  | Contract |  | Yes |  |  | 1,042 |  |  |  | — |  |  |  | 1,042 |  |  |  | — |  |  |  | — |
Manantial S.A. |  | Other related parties |  | General expenses |  | 30 days |  | Contract |  | Yes |  |  | 366 |  |  |  | — |  |  |  | 366 |  |  |  | — |  |  |  | — |
Universidad del Desarrollo |  | Other related parties |  | Loyalty |  | 30 days |  | Contract |  | Yes |  |  | 115 |  |  |  | — |  |  |  | 115 |  |  |  | — |  |  |  | 7 |
Universidad Adolfo Ibáñez |  | Other related parties |  | Training |  | 30 days |  | Contract |  | Yes |  |  | 334 |  |  |  | — |  |  |  | 334 |  |  |  | — |  |  |  | — |
Canal 13 S.A. |  | Other related parties |  | Advertising service |  | 30 days |  | Monthly |  | Yes |  |  | 92 |  |  |  | — |  |  |  | 92 |  |  |  | — |  |  |  | 36 |
Nexus S.A. |  | Other related parties |  | General income |  | 30 days |  | Contract |  | Yes |  |  | 148 |  |  |  | 148 |  |  |  | — |  |  |  | — |  |  |  | — |
|  |  |  | Card processing |  | 30 days |  | Contract |  | Yes |  |  | 3,487 |  |  |  | — |  |  |  | 3,487 |  |  |  | — |  |  |  | — |
|  |  |  | IT services |  | 30 days |  | Contract |  | Yes |  |  | 405 |  |  |  | — |  |  |  | 405 |  |  |  | — |  |  |  | — |
|  |  |  | Embossing services |  | 30 days |  | Contract |  | Yes |  |  | 235 |  |  |  | — |  |  |  | 235 |  |  |  | — |  |  |  | — |
|  |  |  | Customer product delivery services |  | 30 days |  | Contract |  | Yes |  |  | 273 |  |  |  | — |  |  |  | 273 |  |  |  | — |  |  |  | — |
|  |  |  | Fraud prevention services |  | 30 days |  | Contract |  | Yes |  |  | 380 |  |  |  | — |  |  |  | 380 |  |  |  | — |  |  |  | — |
Sociedad Operadora de la Cámara de Compensación de Pagos de Alto Valor S.A. |  | Associates |  | Collection services |  | 30 days |  | Contract |  | Yes |  |  | 669 |  |  |  | — |  |  |  | 669 |  |  |  | — |  |  |  | 61 |
Comder Contraparte Central S.A. |  | Other related parties |  | Securities clearing services |  | 30 days |  | Contract |  | Yes |  |  | 703 |  |  |  | — |  |  |  | 703 |  |  |  | — |  |  |  | — |
Bolsa Electrónica de Chile S.A. |  | Minority investments |  | Brokerage commission |  | 30 days |  | Contract |  | Yes |  |  | 141 |  |  |  | — |  |  |  | 141 |  |  |  | — |  |  |  | — |
|  |  |  | Service of financial information |  | 30 days |  | Contract |  | Yes |  |  | 84 |  |  |  | — |  |  |  | 84 |  |  |  | — |  |  |  | — |
Citigroup Global Markets INC |  | Other related parties |  | Brokerage commission |  | 30 days |  | Contract |  | Yes |  |  | 363 |  |  |  | — |  |  |  | 363 |  |  |  | — |  |  |  | — |
Transbank S.A. |  | Associates |  | Card processing |  | 30 days |  | Contract |  | Yes |  |  | 580 |  |  |  | — |  |  |  | 580 |  |  |  | — |  |  |  | 51 |
|  |  |  | Project consultation |  | 30 days |  | Contract |  | Yes |  |  | 153 |  |  |  | — |  |  |  | 153 |  |  |  | — |  |  |  | — |
|  |  |  | Exchange commission |  | 30 days |  | Contract |  | Yes |  |  | 93,168 |  |  |  | 93,168 |  |  |  | — |  |  |  | 9 |  |  |  | — |
Centro de Compensación Automatizado S.A. |  | Associates |  | Fraud prevention services |  | 30 days |  | Contract |  | Yes |  |  | 553 |  |  |  | — |  |  |  | 553 |  |  |  | — |  |  |  | 300 |
|  |  |  | Transfer services |  | 30 days |  | Contract |  | Yes |  |  | 2,581 |  |  |  | — |  |  |  | 2,581 |  |  |  | — |  |  |  | — |
|  |  |  | Collection services |  | 30 days |  | Contract |  | Yes |  |  | 180 |  |  |  | — |  |  |  | 180 |  |  |  | — |  |  |  | — |
Artikos Chile S.A. |  | Joint venture |  | IT support services |  | 30 days |  | Contract |  | Yes |  |  | 457 |  |  |  | — |  |  |  | 457 |  |  |  | — |  |  |  | 19 |
|  |  |  | IT services |  | 30 days |  | Contract |  | Yes |  |  | 383 |  |  |  | — |  |  |  | 383 |  |  |  | — |  |  |  | — |
Citibank N.A. |  | Other related parties |  | Connectivity business commissions |  | Quarterly |  | Contract |  | Yes |  |  | 5,867 |  |  |  | 5,867 |  |  |  | — |  |  |  | 2,517 |  |  |  | — |
Nuevos Desarrollos S.A. |  | Other related parties |  | Financial lease agreements |  | 30 days |  | Contract |  | Yes |  |  | 335 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 129 |
Plaza Vespucio SPA |  | Other related parties |  | Financial lease agreements |  | 30 days |  | Contract |  | Yes |  |  | 82 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 261 |
Plaza Oeste SPA |  | Other related parties |  | Financial lease agreements |  | 30 days |  | Contract |  | Yes |  |  | 243 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 963 |
Plaza del Trébol SPA |  | Other related parties |  | Financial lease agreements |  | 30 days |  | Contract |  | Yes |  |  | 292 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 373 |
Plaza Tobalaba SPA |  | Other related parties |  | Financial lease agreements |  | 30 days |  | Contract |  | Yes |  |  | 128 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 229 |
Plaza la Serena SPA |  | Other related parties |  | Financial lease agreements |  | 30 days |  | Contract |  | Yes |  |  | 246 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 714 |
Inmobiliaria Mall Calama S.A. |  | Other related parties |  | Financial lease agreements |  | 30 days |  | Contract |  | Yes |  |  | 162 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 306 |
Plaza Antofagasta SPA |  | Other related parties |  | Financial lease agreements |  | 30 days |  | Contract |  | Yes |  |  | 87 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
| (d) | Payments to the Board of Directors and to key personnel of the management of the Bank and its subsidiaries:
|  | 2024 |  |  | 2023 |
|  | MCh$ |  |  | MCh$ |
Directory: |  |  |  |  |  |
Payment of remuneration and attendance fees of the Board of Directors - Bank and its subsidiaries |  |  | 3,500 |  |  |  | 3,347 |
Other Board expenses |  |  | 78 |  |  |  | 111 |
Key Personnel of the Management of the Bank and its Subsidiaries: |  |  |  |  |  |  |  |
Payment for short-term employee benefits |  |  | 33,779 |  |  |  | 36,535 |
Payment for severance |  |  | 4,139 |  |  |  | 1,548 |
Subtotal |  |  | 37,918 |  |  |  | 38,083 |
Total |  |  | 41,496 |  |  |  | 41,541 |
| (e) | Composition of the Board of Directors and key personnel of the Management of the Bank and its subsidiaries:
|  | 2024 |  |  | 2023 |
|  | No. Executives |
Directory: |  |  |  |  |  |
Directors – Bank and its subsidiaries |  |  | 17 |  |  |  | 16 |
Key Personnel of the Management of the Bank and its Subsidiaries: |  |  |  |  |  |  |  |
CEO – Bank |  |  | 1 |  |  |  | 1 |
CEOs – Subsidiaries |  |  | 5 |  |  |  | 5 |
Division Managers / Area – Bank |  |  | 74 |  |  |  | 90 |
Division Managers / Area – Subsidiaries |  |  | 27 |  |  |  | 30 |
Subtotal |  |  | 107 |  |  |  | 126 |
Total |  |  | 124 |  |  |  | 142 |

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