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Non Current Assets Held for Sale | 12 Months Ended
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Dec. 31, 2019
Non Current Assets Held for Sale [Abstract] |
NON CURRENT ASSETS HELD FOR SALE | NOTE 39 NON CURRENT ASSETS HELD FOR SALE Banco Santander has decided to implement its own acquisition network, therefore the Bank is in process to disposing of the investment in the companies who provide such services. Accordingly, the Bank management is engaged in search plan for a buyer. As required by IFRS 5, the Bank has reclassified to assets held for sale under the heading Other assets in the Consolidated Statement of Financial Position as of December 31, 2019 and in the same way it has presented in the income statements the effects associated with those investments as discontinued operations for all years presented. The following investments in associates were classified to Other assets as assets held for sale:
|  |  |  |  | 2019 |  |  | 2018 |  |  | 2017 |
As of December 31, |  | Participation |  |  | Assets |  |  | Income |  |  | Income |  |  | Income |
|  | % |  |  | MCh$ |  |  | MCh$ |  |  | MCh$ |  |  | MCh$ |
Transbank |  |  | 25.00 |  |  |  | 19,093 |  |  |  | 1,442 |  |  |  | 3,118 |  |  |  | 2,024 |
Nexus (*) |  |  | 1.94 |  |  |  | 357 |  |  |  | 136 |  |  |  | 368 |  |  |  | 442 |
Redbanc |  |  | 33.43 |  |  |  | 2,944 |  |  |  | 121 |  |  |  | 285 |  |  |  | 353 |
Total |  |  |  |  |  |  | 22,394 |  |  |  | 1,699 |  |  |  | 3,771 |  |  |  | 2,819 |
| (*) | Remaining participation pending to sell at the end of the current year. See Note 40.

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