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v3.19.3.a.u2

Summary of Significant Accounting Policies (Details) | 12 Months Ended
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Dec. 31, 2019 | Dec. 31, 2018 | Dec. 31, 2017
Santander Corredora de Seguros Limitada [Member] |  |  |  |
Disclosure of subsidiaries [line items] |  |  |  |
Name of the Subsidiary |  | Santander Corredora de Seguros Limitada |  |
Main Activity |  | Insurance brokerage |  |
Country |  | Santiago, Chile |  |
Direct interest Owned |  | 99.75% | 99.75% | 99.75%
indirect interest Owned |  | 0.01% | 0.01% | 0.01%
Total interest Owned |  | 99.76% | 99.76% | 99.76%
Santander Corredores de Bolsa Limitada [Member] |  |  |  |
Disclosure of subsidiaries [line items] |  |  |  |
Name of the Subsidiary |  | Santander Corredores de Bolsa Limitada |  |
Main Activity |  | Financial instruments brokerage |  |
Country |  | Santiago, Chile |  |
Direct interest Owned |  | 50.59% | 50.59% | 50.59%
indirect interest Owned |  | 0.41% | 0.41% | 0.41%
Total interest Owned |  | 51.00% | 51.00% | 51.00%
Santander Asesorias Financieras Limitada [Member] |  |  |  |
Disclosure of subsidiaries [line items] |  |  |  |
Name of the Subsidiary | [1] | Santander Asesorias Financieras Limitada |  |
Main Activity | [1] | Securities brokerage |  |
Country | [1] | Santiago, Chile |  |
Direct interest Owned | [1] | 99.03% | 99.03% | 99.03%
indirect interest Owned | [1] |  |  |
Total interest Owned | [1] | 99.03% | 99.03% | 99.03%
Santander S.A. Sociedad Securitizadora [Member] |  |  |  |
Disclosure of subsidiaries [line items] |  |  |  |
Name of the Subsidiary |  | Santander S.A. Sociedad Securitizadora |  |
Main Activity |  | Purchase of credits and issuance of debt instruments |  |
Country |  | Santiago, Chile |  |
Direct interest Owned |  | 99.64% | 99.64% | 99.64%
indirect interest Owned |  |  |  |
Total interest Owned |  | 99.64% | 99.64% | 99.64%
Klare Corredora de Seguros S.A. [Member] |  |  |  |
Disclosure of subsidiaries [line items] |  |  |  |
Name of the Subsidiary | [2] | Klare Corredora de Seguros S.A. |  |
Main Activity | [2] | Insurance brokerage |  |
Country | [2] | Santiago, Chile |  |
Direct interest Owned | [2] | 50.10% |  |
indirect interest Owned | [2] |  |  |
Total interest Owned | [2] | 50.10% |  |
Santander Consumer Chile S.A. [Member] |  |  |  |
Disclosure of subsidiaries [line items] |  |  |  |
Name of the Subsidiary | [3] | Santander Consumer Chile S.A. |  |
Main Activity | [3] | Financing |  |
Country | [3] | Santiago, Chile |  |
Direct interest Owned | [3] | 51.00% |  |
indirect interest Owned | [3] |  |  |
Total interest Owned | [3] | 51.00% |  |
[1] | On December 18, 2019, Santander Agente de Valores Limitada changes its business name and the conpany's object company's object, to Santander Asesorias Financieras Limitada, and offering financial advice.
[2] | On October 19, 2019 Klare Corredora de Seguros S.A. was created as a digital insurance brokerage, and supporting banking business company and thus subject to banking regulations. The Banks owns the 50,10% of the company's capital share.
[3] | On November 15, 2019, Commission for the Financial Market (FMC) authorized Banco Santander to acquire the 51% of the Santander Consumer Chile S.A. capital share from SK Berge (49%) and Banco Santander S.A. (2%). The sale was performed on November 27, 2019.

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