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INTERBANK BORROWINGS | 12 Months Ended
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Dec. 31, 2018
Interbank Borrowings |
INTERBANK BORROWINGS | NOTE 19 INTERBANK BORROWINGS As of December 31, 2018 and 2017 the line item Interbank borrowings is as follows:
| As of December 31,
| 2018 |  | 2017
| MCh$ |  | MCh$
Loans from financial institutions and the Central Bank of Chile |  |  |
Other obligations with Central Bank of Chile | - |  | 5
Subtotal | - |  | 5
Loans from domestic financial institutions | - |  | 480
Loans from foreign financial institutions |  |  |
Bank of America N,A, Us Foreig | 338,906 |  | 228,309
Sumitomo Mitsui Banking Corporation | 278,761 |  | 259,199
Citibank N,A, | 241,041 |  | 191,494
Mizuho Bank Ltd Ny | 223,829 |  | 215,967
Wells Fargo Bank N,A, | 216,749 |  | 235,058
The Bank of Nova Scotia | 163,927 |  | 86,419
The Bank of New York Mellon | 69,921 |  | 30,839
Corporacion Andina De Fomento | 52,371 |  | -
Standard Chartered Bank | 50,960 |  | 225,966
Barclays Bank PLC London | 34,965 |  | 30,886
Hsbc Bank Plc Ny | 34,936 |  | 30,875
Wachovia Bank, NA | 33,499 |  | -
Banco Santander Brasil S,A, | 8,040 |  | 5,225
Bank of China | 7,777 |  | 831
Banco Santander Hong Kong | 6,047 |  | 8,341
Deutsche Bank A,G, | 5,558 |  | 157
Bnp Paribas, Hong Kong Branch | 3,554 |  | -
Keb Hana Bank | 2,318 |  | 396
Rabobank, Hong Kong Branch | 1,548 |  | -
Hong Kong and Shanghai Banking | 1,300 |  | 222
Banco Santander Central Hispano | 1,295 |  | 312
Unicredito Italiano SPA | 1,117 |  | 264
Bank of Tokio Mitsubishi | 1,032 |  | 453
Banco Bilbao Vizcaya Argentaria | 888 |  | -
Standard Chartered Bank Malays | 843 |  | -
Dexia Bank SA | 789 |  | -
Banque Bruxelles Lambert S,A, | 509 |  | -
Hsbc Bank USA | 394 |  | 38
Shinhan Bank | 380 |  | 394
United Bank of India | 378 |  | -
Woori Bank | 356 |  | 105
State Bank of India | 331 |  | 110
Banca Commerciale Italiana S,P, | 288 |  | 31
Canara Bank | 237 |  | 224
Shanghai Pudong Development Ba | 237 |  | -
Banco de Galicia Y Buenos Aires | 231 |  | -
Bank of East Asia, Limited | 205 |  | 241
First Union National Bank | 201 |  | 35
Industrial Bank of Korea | 195 |  | -
Banca Monte dei Paschi di Siena | 179 |  | 162
Metropolitan Bank Limited | 170 |  | 87
Hua Nan Commercial Bank Ltd, | 164 |  | 349
Credit Lyonnais | 139 |  | -
Bank of Shanghai | 134 |  | -
Bank of Taiwan | 127 |  | 136
Agricultural Bank of China | 106 |  | 295
Akbank T,A,S, | 106 |  | -
Credit Agricole | 106 |  | -
Banco Bradesco S,A, | 89 |  | -
Oriental Bank of Commerce | 87 |  | -
Kookmin Bank | 78 |  | 201
Banca Nazionale Del Lavoro S,P | 77 |  | -
Hsbc Bank Middle East | 77 |  | -
International Commercial Bank | 70 |  | 221
Taiwan Cooperative Bank | 66 |  | 159
Banca Lombarda E Piemontese S, | 60 |  | -
Hanvit Bank | 58 |  | 55
Bank of India | 51 |  | -
Caixabank S,A, | 44 |  | -
Fortis Bank S,A,/N,V, Brussels | 42 |  | 15
Subtotal | 1,787,943 |  | 1,554,071
| As of December 31,
| 2018 |  | 2017
| MCh$ |  | MCh$
Loans from foreign financial institutions, continuación |  |  |
Banco de la Republica Oriental | 41 |  | -
Bank of Baroda | 37 |  | -
China Construcción Bank | 35 |  | 90
Banco Internacional S,A, | 33 |  | -
Joint Stock Commercial Bank Fo, | 33 |  | -
Shanghai Commercial and Saving | 33 |  | -
Banistmo S,A, | 32 |  | -
Banca Popolare Dell’Emilia Rom | 31 |  | 53
Bank of Montreal | 31 |  | 30
Raiffeisen Bank Polska S,A, | 31 |  | -
Casa Di Risparmo De Padova E,R, | 30 |  | 56
Industrial and Commercial Bank | 30 |  | 119
Hdfc Bank Limited | 28 |  | -
Bankinter S,A, | 24 |  | -
Kbc Bank Nv | 23 |  | -
Banco Bpm SPA | 21 |  | -
Cassa Di Risparmio In Bologna | 21 |  | -
Banco De Sabadell S,A, | 20 |  | -
Banco Commerzbank | 19 |  | -
Taiwan Business Bank | 19 |  | 19
Cajas Rurales Unidas | 18 |  | -
Chang Hwa Commercial Bank Ltd, | 18 |  | 14
U,S, Bank (Formerly First Bank | 18 |  | -
United World Chinese Commercia | 15 |  | -
Banco Itau S,A, | 14 |  | -
Mega International Commercial | 9 |  | -
Banca Popolare Di Milano S,C,A | 6 |  | -
Hang Seng Bank (China) Limited | 6 |  | -
Sumitono Mitsui | 4 |  | -
Development Bank of Singapore | 3 |  | -
Abanca Corporacion Bancaria SA | - |  | 60
Australia And New Zealand Bank | - |  | 62
Banca Delle Marche SPA | - |  | 76
Banco Bradesco S,A, | - |  | 50
Banco Caixa Geral, | - |  | 33
Banco Commerzbank | - |  | 145
Banco de Occidente | - |  | 282
Banco De Sabadell S,A, | - |  | 10
Banco Do Brasil S,A, | - |  | 268
Banco Internacional S,A, | - |  | 33
Banco Popolare Soc Coop, | - |  | 6
Banco Popular Espanol S,A, | - |  | 19
Bancolombia S,A, | - |  | 94
Bank Austria A,G, | - |  | 2,317
Bank of Communications | - |  | 93
Bank of Nova Scotia | - |  | 112
Banque Generale Du Luxembourg | - |  | 207
Cassa Di Risparmio Di Parma E | - |  | 93
Citic Industrial Bank | - |  | 39
Corporación Andina De Fomento | - |  | 31,075
European Investment Bank | - |  | 12,629
Habib Bank Limited | - |  | 34
Hang Seng Bank Ltd, | - |  | 39
Hsbc Bank PLC | - |  | 30,838
Icici Bank Limited | - |  | 8
J,P, Morgan Chase Bank N,A, | - |  | 154
Kasikornbank Public Company Li, | - |  | 25
Liu Chong Hing Bank Limited | - |  | 21
Mizuho Corporate Bank | - |  | 331
Punjab National Bank | - |  | 47
Shanghai Pudong Development | - |  | 714
Societe Generale | - |  | 56
Thai Military Bank Public Comp, | - |  | 377
The Toronto-Dominion Bank | - |  | 62,743
Yapi Ve Kredi Bankasi A,S, | - |  | 155
Zhejiang Commercial Bank Ltd, | - |  | 175
Subtotal | 683 |  | 143,801
Total | 1,788,626 |  | 1,698,357
a) Obligations with Central Bank of Chile Debts to the Central Bank of Chile include credit lines for renegotiation of loans and other borrowings. These credit lines were provided by the Central Bank of Chile for renegotiation of loans due to the need to refinance debt as a result of the economic recession and crisis of the banking system in the early 1980s. The outstanding amounts owed to the Central Bank of Chile under these credit lines are as follows:
| As of December 31,
| 2018 |  | 2017
| MCh$ |  | MCh$
Totals Line of credit for renegotiation with Central Bank of Chile | - |  | 5
b) Loans from domestic financial institutions These obligations’ maturities are as follows:
| As of December 31,
| 2018 |  | 2017
| MCh$ |  | MCh$
Due within 1 year | - |  | 480
Due within 1 and 2 year | - |  | -
Due within 2 and 3 year | - |  | -
Due within 3 and 4 year | - |  | -
Due after 5 years | - |  | -
Total loans from domestic financial institutions | - |  | 480
c) Foreign obligations
| As of December 31,
| 2018 |  | 2017
| MCh$ |  | MCh$
Due within 1 year | 1,648,955 |  | 1,477,318
Due within 1 and 2 year | 139,671 |  | 185,519
Due within 2 and 3 year | - |  | 35,035
Due within 3 and 4 year | - |  | -
Due after 5 years | - |  | -
Total loans from foreign financial institutions | 1,788,626 |  | 1,697,872

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