XML 172 R79.htm IDEA: XBRL DOCUMENT

Expected Credit Losses Allowance (Tables)

12 Months Ended

Dec. 31, 2019

Expected Credit Losses Allowance [Abstract]

As of December 31, 2019 and 2018, under the new credit risk model established by IFRS 9 the ECL allowance by stage recorded at income statements is as follows:

For the year ended December 31, 2019	Stage1						Stage2						Stage3						TOTAL
	Individual			Collective			Individual			Collective			Individual			Collective
	MCh$			MCh$			MCh$			MCh$			MCh$			MCh$			MCh$
Commercial loans		(3,002	)		(4,930	)		(10,469	)		(8,686	)		(79,501	)		(33,657	)		(140,245	)
Mortgage loans		-			(1,177	)		-			(4,998	)		-			(8,237	)		(14,412	)
Consumer loans		-			(8,875	)		-			(15,280	)		-			(145,328	)		(169,483	)
Contingent loans		45			589			10			24			152			188			1,008
Loans and account receivable at FVOCI		5			-			-			-			-			-			5
Debt at FVOCI		-			(184	)		-			-			-			-			(184	)
Total		(2,952	)		(14,577	)		(10,459	)		(28,940	)		(79,349	)		(187,034	)		(323,311	)

For the year ended December 31, 2018	Stage1					Stage2						Stage3						TOTAL
	Individual			Collective		Individual			Collective			Individual			Collective
	MCh$			MCh$		MCh$			MCh$			MCh$			MCh$			MCh$
Commercial loans		79			5,652		(2,891	)		(1,533	)		(96,131	)		(47,959	)		(142,783	)
Mortgage loans		-			5,583		-			5,161			-			3,377			14,121
Consumer loans		-			1,861		-			192			-			(191,304	)		(189,251	)
Contingent loans		(90	)		1,214		11			(68	)		(225	)		(834	)		8
Loans and account receivable at FVOCI		363			-		68			-			-			-			431
Debt at FVOCI		-			66		-			-			-			-			66
Total		352			14,376		(2,812	)		3,752			(96,356	)		(236,720	)		(317,408	)

Schedule of significant loans

The detail of Charge-off of individually significant loans, is as follows:

	For the years ended December 31,
	2017
	MCh$

Charge-off of loans		51,978
Provision applied		(36,279	)
Net charge offs of individually significant loans		15,699