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CONTINGENCIES AND COMMITMENTS (Tables) | 12 Months Ended
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Dec. 31, 2018
Contingencies And Commitments |
Schedule of contractual obligations | The following table shows the Bank’s contractual obligations to issue loans:
| As of December 31,
| 2018 |  | 2017
| MCh$ |  | MCh$
Letters of credit issued | 223,420 |  | 201,699
Foreign letters of credit confirmed | 57,038 |  | 75,499
Performance guarantee | 1,954,205 |  | 1,823,793
Personal guarantees | 133,623 |  | 81,577
Total contingent liabilities | 2,368,286 |  | 2,182,568
Available on demand credit lines | 8,997,650 |  | 8,135,489
Other irrevocable credit commitments | 327,297 |  | 260,691
Total loan commit ment | 9,324,947 |  | 8,396,180
Total | 11,693,233 |  | 10,578,748
Schedule of held securities | The Bank holds securities in the normal course of its business as follows:
| As of December 31,
| 2018 |  | 2017
| MCh$ |  | MCh$
Third party operations |  |  |
Collections | 99,784 |  | 175,200
Assets from third parties managed by the Bank and its affiliates | 1,630,431 |  | 1,660,804
Subtotal | 1,730,215 |  | 1,836,004
Custody of securities |  |  |
Securities held in custody | 11,160,488 |  | 383,002
Securities held in custody deposited in other entity | 861,405 |  | 760,083
Issued securities held in custody | 12,335,871 |  | 22,046,701
Subtotal | 24,357,764 |  | 23,189,786
Total | 26,087,979 |  | 25,025,790

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