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Consolidated Statements of Cash Flow - CLP ($)
$ in Millions
 12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
A - CASH FLOWS FROM OPERATING ACTIVITIES      
NET INCOME FOR THE YEAR $ 621,313 $ 599,693 $ 575,249
Adjustments for non-cash items included in net income (1,119,126) (1,266,270) (1,198,330)
Depreciation and amortization 106,092 79,280 77,823
Impairment of property, plant, and equipment 2,726 39 5,644
Provision for loan losses 406,024 405,889 385,782
Mark to market of trading investments 39,997 1,438 1,438
Income from investments in associates and other companies (1,146) (5,095) (3,962)
Net gain on sale of assets received in lieu of payment (5,613) (7,106) (3,330)
Provision on assets received in lieu of payment 1,809 816 3,912
Loss on sale of associate 126
Net gain on sale of property, plant and equipment (2,456) (2,490) (23,229)
Net interest income (1,416,964) (1,414,368) (1,326,691)
Net fee and commission income (287,086) (290,885) (279,063)
Other non-cash items (67) (8,271) (29,903)
Changes in deferred taxes 37,432 (25,517) (6,751)
Increase/decrease in operating assets and liabilities 2,346,978 1,689,069 206,725
(Increase) of loans and accounts receivables from customers, net (2,449,954) (2,703,700) (629,605)
Decrease (increase) of financial investments (1,809,112) 588,918 725,611
Decrease (increase) of interbank loans 232 147,534 110,036
Decrease of assets received or awarded in lieu of payment (1,473) 722 4,125
Increase of debits in customers checking accounts 1,298,976 521,476 127,968
(Decrease) increase of time deposits and other time liabilities 124,998 1,153,874 (1,237,764)
Increase (decrease) of obligations with domestic banks 271,620 (480) (364,956)
Increase (decrease) of other demand liabilities or time obligations 257,039 451,775 100,883
Increase of obligations with foreign banks 459,572 90,754 146,947
(Decrease) increase of obligations with Central Bank of Chile (5) (2)
(Decrease) increase of obligations under repurchase agreements 331,510 (219,516) 55,624
Increase (decrease) in other financial liabilities 10,958 (26,630) 2,014
(Decrease) increase of other assets and liabilities 982,760 (872,264) (151,544)
Redemption of letters of credit (6,988) (8,989) (11,772)
Senior bond issuances 1,893,552 1,156,057 911,581
Redemption of mortgage bonds and payments of interest (6,109) (5,911) (5,736)
Redemption of senior bonds and payments of interest (714,783) (289,837) (1,167,656)
Redemption of subordinated bonds and payments of interest (14,899)
Interest received 2,321,381 2,244,317 2,058,446
Interest paid (904,417) (829,949) (731,755)
Dividends received from investments in other companies 130 38 116
Fees and commissions received 498,658 484,463 455,558
Fees and commissions paid (211,572) (193,578) (176,495)
Total cash flow (used in) provided by operating activities 1,849,165 1,022,492 (416,357)
B - CASH FLOWS FROM INVESTMENT ACTIVITIES:      
Purchases of property, plant, and equipment (50,969) (68,329) (58,771)
Sales of property, plant, and equipment 8,666 6,297 17,939
Sales of investments in associates 1,930
Purchases of investments in associates and other companies (62,136) (3)
Purchases of intangible assets (32,860) (29,563) (32,624)
Total cash flow used in investment activities (135,369) (91,565) (73,459)
C - CASH FLOW FROM FINANCING ACTIVITIES:      
From shareholders' financing activities (355,141) (423,611) (330,645)
Dividends paid (355,141) (423,611) (330,645)
Lease obligation paid (30,145)
Total cash flow used in financing activities (385,286) (423,611) (330,645)
D - NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS DURING THE YEAR 1,328,510 507,316 (820,460)
E - EFFECTS OF FOREIGN EXCHANGE RATE FLUCTUATIONS 126,669 114,498 (31,398)
F - INITIAL BALANCE OF CASH AND CASH EQUIVALENTS 2,256,155 1,634,341 2,486,199
FINAL BALANCE OF CASH AND CASH EQUIVALENTS 3,711,334 2,256,155 1,634,341
Provision for loan losses for cash flow purposes 406,024 405,889 385,782
Recovery of loans previously charged off (82,713) (88,481) (83,527)
Provision for loan losses - net $ 323,311 $ 317,408 $ 302,255