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Risk Management (Tables) | 12 Months Ended
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Dec. 31, 2022
Disclosure Of Financial Risk Management Text Block [Abstract] |
Schedule of high, low and average levels |
VaR |  | 2022 USDMM |  |  | 2021 USDMM |
Consolidated |  |  |  |  |  |
High |  |  | 6.23 |  |  |  | 3.43 |
Low |  |  | 2.73 |  |  |  | 1.11 |
Average |  |  | 4.41 |  |  |  | 1.96 |
Fixed-income investments |  |  |  |  |  |  |  |
High |  |  | 5.78 |  |  |  | 2.86 |
Low |  |  | 2.75 |  |  |  | 1.12 |
Average |  |  | 4.20 |  |  |  | 1.86 |
Variable-income investments |  |  |  |  |  |  |  |
High |  |  | - |  |  |  | 0.29 |
Low |  |  | - |  |  |  | - |
Average |  |  | - |  |  |  | 0.19 |
Foreign currency investments |  |  |  |  |  |  |  |
High |  |  | 4.82 |  |  |  | 2.33 |
Low |  |  | 0.17 |  |  |  | 0.09 |
Average |  |  | 1.14 |  |  |  | 0.77 |
Schedule of market risk |
|  | 2022 |  |  | 2021 |
|  | Effect on financial income |  |  | Effect on capital |  |  | Effect on financial income |  |  | Effect on capital |
Financial management portfolio – local currency (MCh$) |  |  |  |  |  |  |  |  |  |  |  |
Loss limit |  |  | 33,550 |  |  |  | 95,710 |  |  |  | 32,865 |  |  |  | 84,864 |
High |  |  | 23,982 |  |  |  | 57,176 |  |  |  | 31,233 |  |  |  | 80,097 |
Low |  |  | 15,459 |  |  |  | 39,957 |  |  |  | 13,694 |  |  |  | 41,653 |
Average |  |  | 21,366 |  |  |  | 49,580 |  |  |  | 24,018 |  |  |  | 62,916 |
Financial management portfolio – foreign currency (Th$US) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Loss limit |  |  | 38,231 |  |  |  | 43,329 |  |  |  | 36,619 |  |  |  | 34,991 |
High |  |  | 9,713 |  |  |  | 33,388 |  |  |  | 8,545 |  |  |  | 32,205 |
Low |  |  | 255 |  |  |  | 20,371 |  |  |  | 698 |  |  |  | 1,055 |
Average |  |  | 3,173 |  |  |  | 26,310 |  |  |  | 3,733 |  |  |  | 17,615 |
Financial management portfolio – consolidated (in MCh$) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Loss limit |  |  | 33,550 |  |  |  | 95,710 |  |  |  | 32,865 |  |  |  | 84,864 |
High |  |  | 28,699 |  |  |  | 76,738 |  |  |  | 25,709 |  |  |  | 78,259 |
Low |  |  | 16,515 |  |  |  | 66,098 |  |  |  | 12,854 |  |  |  | 56,857 |
Average |  |  | 23,438 |  |  |  | 71,003 |  |  |  | 21,041 |  |  |  | 69,577 |
Schedule of quality assets and its related provision |
|  | As of december 31, |
|  | 2022 |  |  | 2021 |
|  | MCh$ |  |  | MCh$ |
Market risk – trading protfolio |  |  |  |  |  |
Exposure to rate risk |  |  | 441,688 |  |  |  | 377,006 |
Exposure to currency risk |  |  | 1,535 |  |  |  | 8,089 |
Interest rate option risk |  |  | - |  |  |  | - |
Currency option risk |  |  | 1,145 |  |  |  | 1,429 |
Total exposure of trading portfolio |  |  | 444,368 |  |  |  | 386,524 |
10% of RWA |  |  | 555,460 |  |  |  | 3,577,035 |
Subtotal |  |  | 999,828 |  |  |  | 3,963,559 |
Limit = Regulatory capital |  |  | 6,759,047 |  |  |  | 5,114,609 |
Available margin |  |  | 5,759,219 |  |  |  | 1,151,050 |
Market risk – short-term financial management portfolio |  |  |  |  |  |  |  |
Short Term Exposure to Interest Rate Risk |  |  | 193,895 |  |  |  | 217,045 |
Exposure to Infaltion Risk |  |  | 112,523 |  |  |  | 178,033 |
Short-term exposure of financial management portfolio |  |  | 306,418 |  |  |  | 395,078 |
Limit = 35% net (net income from interest and readjustments + interest rates sensitive commissions) |  |  | 530,199 |  |  |  | 529,542 |
Available margin |  |  | 223,781 |  |  |  | 134,464 |
Market risk – long-term financial management portfolio |  |  |  |  |  |  |  |
Long Term Exposure to Interest Rate Risk |  |  | 1,194,181 |  |  |  | 1,221,762 |
Limit = 35% Regulatory capital |  |  | 2,365,666 |  |  |  | 1,790,113 |
Available margin |  |  | 1,171,485 |  |  |  | 568,351 |
Schedule of exposures of financial assets and liabilities impacted by IBOR reform |
As of December 31, 2022
Loans and advances |  | Deposits |  | Debt instruments |  | Financial derivative contracts (Assets) |  | Financial derivative contracts (Liabilities)
MCh$ |  | MCh$ |  | MCh$ |  | MCh$ |  | MCh$
515,277 |  | - |  | 36,730 |  | 1,818,517 |  | 1,712,642
As of December 31, 2021
Loans and advances |  | Deposits |  | Debt instruments |  | Financial derivative contracts (Assets) |  | Financial derivative contracts (Liabilities)
MCh$ |  | MCh$ |  | MCh$ |  | MCh$ |  | MCh$
609,243 |  | - |  | 38,819 |  | 1,672,422 |  | 1,623,725
Solvency indicators and regulatory compliance indicators according to Basel III |
December 31, 2022
|  | Corporate loans |
Commercial |  | Stage 1 |  |  | Stage 2 |  |  | Stage 3 |  |  | Total Individual |  |  | Percentage |  |  | Stage 1 |  |  | Stage 2 |  |  | Stage 3 |  |  | Total ECL Allowance |  |  | Percentage |
Portfolio |  | MCh$ |  |  | MCh$ |  |  | MCh$ |  |  | MCh$ |  |  | % |  |  | MCh$ |  |  | MCh$ |  |  | MCh$ |  |  | MCh$ |  |  | % |
A1 |  |  | 40,121 |  |  |  | - |  |  |  | - |  |  |  | 40,121 |  |  |  | 0.10 | % |  |  | 1 |  |  |  | - |  |  |  | - |  |  |  | 1 |  |  |  | 0.00 | %
A2 |  |  | 835,187 |  |  |  | - |  |  |  | - |  |  |  | 835,187 |  |  |  | 2.16 | % |  |  | 472 |  |  |  | - |  |  |  | - |  |  |  | 472 |  |  |  | 0.04 | %
A3 |  |  | 2,362,324 |  |  |  | 36 |  |  |  | - |  |  |  | 2,362,360 |  |  |  | 6.10 | % |  |  | 3,476 |  |  |  | 8 |  |  |  | - |  |  |  | 3,484 |  |  |  | 0.30 | %
A4 |  |  | 2,780,646 |  |  |  | 8 |  |  |  | - |  |  |  | 2,780,654 |  |  |  | 7.18 | % |  |  | 5,761 |  |  |  | - |  |  |  | - |  |  |  | 5,761 |  |  |  | 0.50 | %
A5 |  |  | 2,811,300 |  |  |  | 13,132 |  |  |  | 792 |  |  |  | 2,825,224 |  |  |  | 7.29 | % |  |  | 10,243 |  |  |  | 360 |  |  |  | 60 |  |  |  | 10,663 |  |  |  | 0.92 | %
A6 |  |  | 2,089,194 |  |  |  | 51,671 |  |  |  | 819 |  |  |  | 2,141,684 |  |  |  | 5.53 | % |  |  | 18,766 |  |  |  | 2,226 |  |  |  | 98 |  |  |  | 21,090 |  |  |  | 1.83 | %
B1 |  |  | - |  |  |  | 736,674 |  |  |  | 2,627 |  |  |  | 739,301 |  |  |  | 1.91 | % |  |  | - |  |  |  | 28,346 |  |  |  | 473 |  |  |  | 28,819 |  |  |  | 2.50 | %
B2 |  |  | - |  |  |  | 190,204 |  |  |  | 1,389 |  |  |  | 191,593 |  |  |  | 0.50 | % |  |  | - |  |  |  | 12,895 |  |  |  | 195 |  |  |  | 13,090 |  |  |  | 1.14 | %
B3 |  |  | - |  |  |  | 71,873 |  |  |  | 3,129 |  |  |  | 75,002 |  |  |  | 0.20 | % |  |  | - |  |  |  | 5,674 |  |  |  | 980 |  |  |  | 6,654 |  |  |  | 0.58 | %
B4 |  |  | - |  |  |  | 73,231 |  |  |  | 31,587 |  |  |  | 104,818 |  |  |  | 0.27 | % |  |  | - |  |  |  | 6,210 |  |  |  | 8,420 |  |  |  | 14,630 |  |  |  | 1.27 | %
C1 |  |  | - |  |  |  | 34,141 |  |  |  | 164,778 |  |  |  | 198,919 |  |  |  | 0.51 | % |  |  | - |  |  |  | 3,258 |  |  |  | 56,354 |  |  |  | 59,612 |  |  |  | 5.17 | %
C2 |  |  | - |  |  |  | 9,426 |  |  |  | 104,526 |  |  |  | 113,952 |  |  |  | 0.30 | % |  |  | - |  |  |  | 502 |  |  |  | 26,992 |  |  |  | 27,494 |  |  |  | 2.38 | %
C3 |  |  | - |  |  |  | 1,518 |  |  |  | 93,311 |  |  |  | 94,829 |  |  |  | 0.24 | % |  |  | - |  |  |  | 162 |  |  |  | 27,563 |  |  |  | 27,725 |  |  |  | 2.40 | %
C4 |  |  | - |  |  |  | 5,490 |  |  |  | 114,090 |  |  |  | 119,580 |  |  |  | 0.31 | % |  |  | - |  |  |  | 693 |  |  |  | 49,572 |  |  |  | 50,265 |  |  |  | 4.36 | %
C5 |  |  | - |  |  |  | 3,414 |  |  |  | 81,321 |  |  |  | 84,735 |  |  |  | 0.22 | % |  |  | - |  |  |  | 463 |  |  |  | 49,095 |  |  |  | 49,558 |  |  |  | 4.30 | %
C6 |  |  | - |  |  |  | 1,777 |  |  |  | 84,999 |  |  |  | 86,776 |  |  |  | 0.22 | % |  |  | - |  |  |  | 297 |  |  |  | 65,960 |  |  |  | 66,257 |  |  |  | 5.74 | %
Subtotal |  |  | 10,918,772 |  |  |  | 1,192,595 |  |  |  | 683,368 |  |  |  | 12,794,735 |  |  |  | 33.04 | % |  |  | 38,719 |  |  |  | 61,094 |  |  |  | 285,762 |  |  |  | 385,575 |  |  |  | 33.43 | %
|  |  | Other commercial
|  |  | Stage 1 |  |  |  | Stage 2 |  |  |  | Stage 3 |  |  |  | Total Group |  |  |  | Percentage |  |  |  | Stage 1 |  |  |  | Stage 2 |  |  |  | Stage 3 |  |  |  | Total ECL Allowance |  |  |  | Percentage |
|  |  | MCh$ |  |  |  | MCh$ |  |  |  | MCh$ |  |  |  | MCh$ |  |  |  | % |  |  |  | MCh$ |  |  |  | MCh$ |  |  |  | MCh$ |  |  |  | MCh$ |  |  |  | % |
Commercial |  |  | 4,258,677 |  |  |  | 229,571 |  |  |  | 434,597 |  |  |  | 4,922,845 |  |  |  | 12.71 | % |  |  | 44,535 |  |  |  | 30,262 |  |  |  | 201,195 |  |  |  | 275,992 |  |  |  | 23.93 | %
Mortgage |  |  | 14,672,080 |  |  |  | 367,467 |  |  |  | 689,462 |  |  |  | 15,729,009 |  |  |  | 40.61 | % |  |  | 19,388 |  |  |  | 10,462 |  |  |  | 132,906 |  |  |  | 162,756 |  |  |  | 14.11 | %
Consumer |  |  | 4,826,096 |  |  |  | 217,866 |  |  |  | 238,850 |  |  |  | 5,282,812 |  |  |  | 13.64 | % |  |  | 94,203 |  |  |  | 73,973 |  |  |  | 160,768 |  |  |  | 328,944 |  |  |  | 28.52 | %
Subtotal |  |  | 23,756,853 |  |  |  | 814,904 |  |  |  | 1,362,909 |  |  |  | 25,934,666 |  |  |  | 66.96 | % |  |  | 158,126 |  |  |  | 114,697 |  |  |  | 494,869 |  |  |  | 767,692 |  |  |  | 66.57 | %
Total |  |  | 34,675,625 |  |  |  | 2,007,499 |  |  |  | 2,046,277 |  |  |  | 38,729,401 |  |  |  | 100,00 | % |  |  | 196,845 |  |  |  | 175,791 |  |  |  | 780,631 |  |  |  | 1,153,267 |  |  |  | 100.00 | %
December 31, 2021
|  | Corporate loans
Commercial |  | Stage 1 |  |  | Stage 2 |  |  | Stage 3 |  |  | Total Individual |  |  | Percentage |  |  | Stage 1 |  |  | Stage 2 |  |  | Stage 3 |  |  | Total ECL Allowance |  |  | Percentage |
Portfolio |  | MCh$ |  |  | MCh$ |  |  | MCh$ |  |  | MCh$ |  |  | % |  |  | MCh$ |  |  | MCh$ |  |  | MCh$ |  |  | MCh$ |  |  | % |
A1 |  |  | 41,025 |  |  |  | - |  |  |  | - |  |  |  | 41,025 |  |  |  | 0.11 | % |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 0.00 | %
A2 |  |  | 751,943 |  |  |  | 9 |  |  |  | - |  |  |  | 751,952 |  |  |  | 2.06 | % |  |  | 1,351 |  |  |  | - |  |  |  | - |  |  |  | 1,333 |  |  |  | 0.13 | %
A3 |  |  | 2,510,562 |  |  |  | 6,168 |  |  |  | 68 |  |  |  | 2,605,894 |  |  |  | 7.13 | % |  |  | 4,478 |  |  |  | 80 |  |  |  | 23 |  |  |  | 4,733 |  |  |  | 0.45 | %
A4 |  |  | 2,728,117 |  |  |  | 9,009 |  |  |  | - |  |  |  | 2,753,735 |  |  |  | 7.54 | % |  |  | 7,374 |  |  |  | 144 |  |  |  | - |  |  |  | 7,477 |  |  |  | 0.71 | %
A5 |  |  | 2,599,685 |  |  |  | 41,052 |  |  |  | - |  |  |  | 2,535,032 |  |  |  | 6.94 | % |  |  | 12,310 |  |  |  | 2,335 |  |  |  | - |  |  |  | 14,214 |  |  |  | 1.35 | %
A6 |  |  | 1,746,362 |  |  |  | 169,482 |  |  |  | 841 |  |  |  | 1,916,685 |  |  |  | 5.25 | % |  |  | 24,539 |  |  |  | 13,580 |  |  |  | 332 |  |  |  | 38,789 |  |  |  | 3.69 | %
B1 |  |  | - |  |  |  | 754,993 |  |  |  | 112 |  |  |  | 755,105 |  |  |  | 2.07 | % |  |  | - |  |  |  | 45,287 |  |  |  | 37 |  |  |  | 45,324 |  |  |  | 4.31 | %
B2 |  |  | - |  |  |  | 238,705 |  |  |  | - |  |  |  | 238,705 |  |  |  | 0.65 | % |  |  | - |  |  |  | 21,300 |  |  |  | - |  |  |  | 21,300 |  |  |  | 2.03 | %
B3 |  |  | - |  |  |  | 80,130 |  |  |  | 3 |  |  |  | 80,133 |  |  |  | 0.22 | % |  |  | - |  |  |  | 8,117 |  |  |  | 1 |  |  |  | 8,118 |  |  |  | 0.77 | %
B4 |  |  | - |  |  |  | 55,213 |  |  |  | 33,316 |  |  |  | 88,529 |  |  |  | 0.24 | % |  |  | - |  |  |  | 4,967 |  |  |  | 9,293 |  |  |  | 14,260 |  |  |  | 1.36 | %
C1 |  |  | - |  |  |  | 30,929 |  |  |  | 146,315 |  |  |  | 177,244 |  |  |  | 0.49 | % |  |  | - |  |  |  | 3,539 |  |  |  | 43,150 |  |  |  | 46,689 |  |  |  | 4.44 | %
C2 |  |  | - |  |  |  | 9,033 |  |  |  | 93,013 |  |  |  | 102,046 |  |  |  | 0.28 | % |  |  | - |  |  |  | 737 |  |  |  | 24,306 |  |  |  | 25,043 |  |  |  | 2.38 | %
C3 |  |  | - |  |  |  | 9,603 |  |  |  | 40,879 |  |  |  | 50,482 |  |  |  | 0.14 | % |  |  | - |  |  |  | 702 |  |  |  | 12,411 |  |  |  | 13,113 |  |  |  | 1.25 | %
C4 |  |  | - |  |  |  | 1,243 |  |  |  | 64,771 |  |  |  | 66,014 |  |  |  | 0.18 | % |  |  | - |  |  |  | 133 |  |  |  | 27,009 |  |  |  | 27,142 |  |  |  | 2.58 | %
C5 |  |  | - |  |  |  | 3,411 |  |  |  | 98,979 |  |  |  | 102,390 |  |  |  | 0.28 | % |  |  | - |  |  |  | 230 |  |  |  | 57,446 |  |  |  | 57,676 |  |  |  | 5.49 | %
C6 |  |  | - |  |  |  | 2,388 |  |  |  | 72,940 |  |  |  | 75,328 |  |  |  | 0.21 | % |  |  | - |  |  |  | 183 |  |  |  | 48,508 |  |  |  | 48,691 |  |  |  | 4.63 | %
Subtotal |  |  | 10,377,694 |  |  |  | 1,411,368 |  |  |  | 551,237 |  |  |  | 12,340,299 |  |  |  | 33.78 | % |  |  | 50,052 |  |  |  | 101,334 |  |  |  | 222,516 |  |  |  | 373,902 |  |  |  | 35.56 | %
|  |  | Other commercial
|  |  | Stage 1 |  |  |  | Stage 2 |  |  |  | Stage 3 |  |  |  | Total Group |  |  |  | Percentage |  |  |  | Stage 1 |  |  |  | Stage 2 |  |  |  | Stage 3 |  |  |  | Total ECL Allowance |  |  |  | Percentage |
|  |  | MCh$ |  |  |  | MCh$ |  |  |  | MCh$ |  |  |  | MCh$ |  |  |  | % |  |  |  | MCh$ |  |  |  | MCh$ |  |  |  | MCh$ |  |  |  | MCh$ |  |  |  | % |
Commercial |  |  | 4,716,168 |  |  |  | 233,158 |  |  |  | 364,016 |  |  |  | 5,313,342 |  |  |  | 14.55 | % |  |  | 38.597 |  |  |  | 14.655 |  |  |  | 176.211 |  |  |  | 229.463 |  |  |  | 21,82 | %
Mortgage |  |  | 12,966,599 |  |  |  | 367,838 |  |  |  | 541,737 |  |  |  | 13,876,174 |  |  |  | 37.99 | % |  |  | 25.385 |  |  |  | 12.728 |  |  |  | 105.545 |  |  |  | 143.658 |  |  |  | 13,66 | %
Consumer |  |  | 4,603,595 |  |  |  | 178,513 |  |  |  | 217,139 |  |  |  | 4,999,247 |  |  |  | 13.69 | % |  |  | 125.939 |  |  |  | 38.197 |  |  |  | 140.275 |  |  |  | 304.411 |  |  |  | 28,95 | %
Subtotal |  |  | 22,286,362 |  |  |  | 779,509 |  |  |  | 1,122,892 |  |  |  | 24,188,763 |  |  |  | 66.22 | % |  |  | 189.921 |  |  |  | 65.580 |  |  |  | 422.031 |  |  |  | 677.532 |  |  |  | 64,44 | %
Total |  |  | 32,664,056 |  |  |  | 2,190,877 |  |  |  | 1,674,129 |  |  |  | 36,529,062 |  |  |  | 100.00 | % |  |  | 239.973 |  |  |  | 166.914 |  |  |  | 644.547 |  |  |  | 1.051.434 |  |  |  | 100,00 | %
Schedule of residual maturity over measured that have not expired |
Other commercial |  |  | Corporate loans |
Mortgages |  |  | Other loans |  |  | Revolving (Credit cards) |  |  | SME |  |  | SME |  |  | Middle market |  |  | Corporate and Investment Banking
| 28.41 | % |  |  | 36.05 | % |  |  | 11.28 | % |  |  | 36.05 | % |  |  | 19.60 | % |  |  | 13.26 | % |  | Santander Group criteria
Other commercial |  |  | Corporate loans
Mortgages |  | Other loans |  | Revolving (Credit cards) |  | SME |  |  | SME |  | Middle market |  | Corporate and Investment Banking
Irregular portfolio > 30 days |  | Irregular portfolio > 30 days |  | Irregular portfolio > 30 days |  | Irregular portfolio > 30 days |  |  | Irregular portfolio > 30 days |  | Irregular portfolio > 30 days |  | Irregular portfolio > 30 days
Restructured marked for monitoring |  | Restructured marked for monitoring |  | Restructured marked for monitoring |  | Restructured marked for monitoring |  |  | Restructured marked for monitoring |  | Restructured marked for monitoring |  | Restructured marked for monitoring
|  |  |  |  |  |  |  |  | Clients considered to be substandard or in incompliance (pre-legal action) |  | Clients considered to be substandard or in incompliance (pre-legal action) |  | Clients considered to be substandard or in incompliance (pre-legal action)
Schedule of allowance and exposure at default (EAD) of the loans |
|  | 2022 |  |  | 2021 |
|  | MCh$ |  |  | MCh$ |
Loans and account receivable |  |  | 308,586 |  |  |  | 373,506 |
Allowance for ECL – discounted cash flow methodology |  |  | 105,837 |  |  |  | 87,418 |
|  | 2022 |  |  | 2021 |
|  | MCh$ |  |  | MCh$ |
Loans and account receivable (commercial, mortgage and consumer loans) |  |  | 38,420,815 |  |  |  | 36,155,556 |
Allowance for ECL – collective basis |  |  | 1,074,430 |  |  |  | 964,016 |
Schedule of modified loans |
|  | As of December 31, 2022 |  |  | As of December 31, 2021 |
|  | Stage 1 |  |  | Stage 2 |  |  | Stage 3 |  |  | Total |  |  | Stage 1 |  |  | Stage 2 |  |  | Stage 3 |  |  | Total |
|  | MCh$ |  |  | MCh$ |  |  | MCh$ |  |  | MCh$ |  |  | MCh$ |  |  | MCh$ |  |  | MCh$ |  |  | MCh$ |
Gross carrying amount |  |  | 34,675,625 |  |  |  | 2,007,499 |  |  |  | 2,046,277 |  |  |  | 38,729,401 |  |  |  | 32,664,056 |  |  |  | 2,190,877 |  |  |  | 1,674,129 |  |  |  | 36,529,062 |
Modified loans |  |  | - |  |  |  | 679,496 |  |  |  | 799,559 |  |  |  | 1,479,055 |  |  |  | - |  |  |  | 811,318 |  |  |  | 889,571 |  |  |  | 1,700,889 |
% |  |  | - |  |  |  | 33.85 | % |  |  | 39.07 | % |  |  | 3.82 | % |  |  | - |  |  |  | 37.03 | % |  |  | 53.14 | % |  |  | 4.66 | %
ECL allowance |  |  | 196,845 |  |  |  | 175,791 |  |  |  | 780,631 |  |  |  | 1,153,267 |  |  |  | 239,973 |  |  |  | 166,914 |  |  |  | 644,547 |  |  |  | 1,051,434 |
Modified loans |  |  | - |  |  |  | 60,584 |  |  |  | 325,650 |  |  |  | 386,234 |  |  |  | - |  |  |  | 58,651 |  |  |  | 357,183 |  |  |  | 415,744 |
% |  |  | - |  |  |  | 34.46 | % |  |  | 41.72 | % |  |  | 33.49 | % |  |  | - |  |  |  | 35.08 | % |  |  | 55.42 | % |  |  | 39.54 | %
Schedule of classification of relief measures |
COVID-19 measures |  | As of December 31, 2021 |
|  | MCh$ |
Fogape loans |  |  | 1,331,940 |
Fogape Reactiva |  |  | 876,698 |
Payment holiday |  |  | 7,877,036 |
Payment holiday – current |  |  | 104 |
Payment holiday - expired |  |  | 7,876,932 |
Schedule of macro economical forward |
|  | Average estimates 2022 - 2023 |
|  | Unfavorable scenario 2 |  |  | Unfavorable scenario 1 |  |  | Base scenario |  |  | Favorable scenario 1 |  |  | Favorable scenario 2 |
Official interest rate |  |  | 0.25 | % |  |  | 1.3 | % |  |  | 3.5 | % |  |  | 5.7 | % |  |  | 7.3 | %
Unemployment rate |  |  | 11.4 | % |  |  | 10.2 | % |  |  | 8.7 | % |  |  | 7.1 | % |  |  | 6.0 | %
Housing Price growth |  |  | (0.3 | %) |  |  | 1,5 | % |  |  | 4.0 | % |  |  | 6.5 | % |  |  | 8.3 | %
GDP growth |  |  | (2.2 | %) |  |  | (0.2 | %) |  |  | 2.4 | % |  |  | 4.9 | % |  |  | 6.9 | %
Consumer Price Index |  |  | 13.5 | % |  |  | 16.2 | % |  |  | 19.7 | % |  |  | 23.3 | % |  |  | 25.9 | %
Schedule of probabilities |
Local scenario |  | Global scenario
|  | Probability weighting |  |  |  |  | Probability weighting |
Favorable scenario 2 |  |  | 10 | % |  | Favorable scenario 1 |  |  | 10 | %
Favorable scenario 1 |  |  | 15 | % |  | Base scenario |  |  | 20 | %
Base scenario |  |  | 50 | % |  | Unfavorable scenario 1 |  |  | 70 | %
Unfavorable scenario 1 |  |  | 15 | % |  |  |  |  |  |
Unfavorable scenario 2 |  |  | 10 | % |  |  |  |  |  |
Schedule of allowance sensibility |
|  | As of December 31, |
|  | 2022 |  |  | 2021 |
|  | MCh$ |  |  | MCh$ |
Reported ECL allowance |  |  | 1,153,593 |  |  |  | 1,051,702 |
Gross carrying amount |  |  | 38,872,033 |  |  |  | 36,628,705 |
Reported ECL Coverage |  |  | 2.97 | % |  |  | 2.87 | %
ECL amount by scenarios |  |  |  |  |  |  |  |
Favorable scenarios 2 |  |  | 1,034,417 |  |  |  | 926,695 |
Favorable scenarios 1 |  |  | 1,061,899 |  |  |  | 994,883 |
Base scenarios |  |  | 1,138,881 |  |  |  | 1,061,809 |
Unfavorable scenarios 2 |  |  | 1,227,979 |  |  |  | 1,144,741 |
Unfavorable scenarios 2 |  |  | 1,268,948 |  |  |  | 1,204,015 |
Coverage ratio by scenarios |  |  |  |  |  |  |  |
Favorable scenarios 2 |  |  | 2.68 | % |  |  | 2.55 | %
Favorable scenarios 1 |  |  | 2.75 | % |  |  | 2.71 | %
Base scenarios |  |  | 2.95 | % |  |  | 3.05 | %
Unfavorable scenarios 2 |  |  | 3.19 | % |  |  | 2.86 | %
Unfavorable scenarios 2 |  |  | 3.29 | % |  |  | 3.15 | %
Schedule of risk concentration |
|  | As of December 31, |
|  | 2022 |  |  | 2021 |
|  | Stage 1 |  |  | Stage 2 |  |  | Stage 3 |  |  | Total |  |  | Stage 1 |  |  | Stage 2 |  |  | Stage 3 |  |  | Total |
|  | MCh$ |  |  | MCh$ |  |  | MCh$ |  |  | MCh$ |  |  | MCh$ |  |  | MCh$ |  |  | MCh$ |  |  | MCh$ |
Commercial loans |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Agriculture and livestock |  |  | 487,463 |  |  |  | 103,160 |  |  |  | 64,524 |  |  |  | 655,147 |  |  |  | 490,225 |  |  |  | 159,158 |  |  |  | 54,863 |  |  |  | 704,247 |
Fruit cultivation |  |  | 430,046 |  |  |  | 148,116 |  |  |  | 52,404 |  |  |  | 630,566 |  |  |  | 483,684 |  |  |  | 156,621 |  |  |  | 32,564 |  |  |  | 672,869 |
Forest |  |  | 134,192 |  |  |  | 20,162 |  |  |  | 16,402 |  |  |  | 170,756 |  |  |  | 142,705 |  |  |  | 23,292 |  |  |  | 12,288 |  |  |  | 178,285 |
Fishing |  |  | 261,651 |  |  |  | 13,479 |  |  |  | 9,268 |  |  |  | 284,398 |  |  |  | 244,555 |  |  |  | 22,209 |  |  |  | 4,519 |  |  |  | 271,283 |
Mining |  |  | 241,704 |  |  |  | 11,590 |  |  |  | 7,160 |  |  |  | 260,454 |  |  |  | 202,599 |  |  |  | 6,683 |  |  |  | 6,067 |  |  |  | 215,348 |
Oil and natural gas |  |  | 88,588 |  |  |  | 1 |  |  |  | 145 |  |  |  | 88,734 |  |  |  | 89,635 |  |  |  | - |  |  |  | 16 |  |  |  | 89,651 |
Manufacturing Industry: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Food, beverages and tobacco |  |  | 316,574 |  |  |  | 45,972 |  |  |  | 14,896 |  |  |  | 377,442 |  |  |  | 326,347 |  |  |  | 22,769 |  |  |  | 14,990 |  |  |  | 364,107 |
Textile, leather and footwear |  |  | 65,269 |  |  |  | 12,102 |  |  |  | 6,029 |  |  |  | 83,400 |  |  |  | 84,338 |  |  |  | 10,629 |  |  |  | 6,641 |  |  |  | 101,608 |
Wood and furniture |  |  | 75,962 |  |  |  | 4,676 |  |  |  | 5,327 |  |  |  | 85,965 |  |  |  | 83,337 |  |  |  | 4,957 |  |  |  | 6,036 |  |  |  | 94,330 |
Cellulose, paper and printing |  |  | 50,984 |  |  |  | 9,977 |  |  |  | 4,864 |  |  |  | 65,825 |  |  |  | 57,520 |  |  |  | 10,195 |  |  |  | 5,459 |  |  |  | 73,173 |
Chemicals and petroleum derivatives |  |  | 147,113 |  |  |  | 5,631 |  |  |  | 1,185 |  |  |  | 153,929 |  |  |  | 142,581 |  |  |  | 5,804 |  |  |  | 790 |  |  |  | 149,175 |
Metallic, non-metallic, machinery, or other |  |  | 323,717 |  |  |  | 15,678 |  |  |  | 23,511 |  |  |  | 362,906 |  |  |  | 471,646 |  |  |  | 15,420 |  |  |  | 15,055 |  |  |  | 502,121 |
Other manufacturing industries |  |  | 201,044 |  |  |  | 15,245 |  |  |  | 20,210 |  |  |  | 236,499 |  |  |  | 221,399 |  |  |  | 21,643 |  |  |  | 15,491 |  |  |  | 258,533 |
Electricity, gas, and wáter |  |  | 881,647 |  |  |  | 14,178 |  |  |  | 5,952 |  |  |  | 901,777 |  |  |  | 650,654 |  |  |  | 37,948 |  |  |  | 6,868 |  |  |  | 695,470 |
Home building |  |  | 181,933 |  |  |  | 33,493 |  |  |  | 24,103 |  |  |  | 239,529 |  |  |  | 242,787 |  |  |  | 22,373 |  |  |  | 16,746 |  |  |  | 281,906 |
Non-residential construction |  |  | 537,110 |  |  |  | 34,437 |  |  |  | 57,723 |  |  |  | 629,270 |  |  |  | 587,446 |  |  |  | 55,120 |  |  |  | 45,890 |  |  |  | 688,456 |
Wholesale trade |  |  | 1,368,044 |  |  |  | 161,570 |  |  |  | 147,330 |  |  |  | 1,676,944 |  |  |  | 1,538,052 |  |  |  | 182,403 |  |  |  | 120,680 |  |  |  | 1,841,135 |
Retail trade, restaurants and hotels |  |  | 1,366,605 |  |  |  | 86,124 |  |  |  | 89,924 |  |  |  | 1,542,653 |  |  |  | 1,182,087 |  |  |  | 124,861 |  |  |  | 87,689 |  |  |  | 1,394,637 |
Transport and storage |  |  | 625,506 |  |  |  | 90,913 |  |  |  | 59,141 |  |  |  | 775,560 |  |  |  | 626,278 |  |  |  | 123,778 |  |  |  | 32,195 |  |  |  | 782,251 |
Telecommunications |  |  | 334,065 |  |  |  | 16,522 |  |  |  | 7,446 |  |  |  | 358,033 |  |  |  | 294,247 |  |  |  | 21,488 |  |  |  | 6,392 |  |  |  | 322,127 |
Financial services |  |  | 374,770 |  |  |  | 4,166 |  |  |  | 2,864 |  |  |  | 381,800 |  |  |  | 891,411 |  |  |  | 3,478 |  |  |  | 3,576 |  |  |  | 898,465 |
Real estate services |  |  | 2,221,740 |  |  |  | 210,683 |  |  |  | 197,360 |  |  |  | 2,629,783 |  |  |  | 2,245,893 |  |  |  | 201,914 |  |  |  | 148,774 |  |  |  | 2,596,581 |
Social services and other community services |  |  | 4,461,722 |  |  |  | 364,291 |  |  |  | 300,197 |  |  |  | 5,126,210 |  |  |  | 3,794,435 |  |  |  | 411,783 |  |  |  | 271,665 |  |  |  | 4,477,883 |
Subtotal |  |  | 15,177,449 |  |  |  | 1,422,166 |  |  |  | 1,117,965 |  |  |  | 17,717,580 |  |  |  | 15,093,862 |  |  |  | 1,644,526 |  |  |  | 915,253 |  |  |  | 17,653,641 |
Mortgage loans |  |  | 14,672,080 |  |  |  | 367,467 |  |  |  | 689,462 |  |  |  | 15,729,009 |  |  |  | 12,966,599 |  |  |  | 367,838 |  |  |  | 541,737 |  |  |  | 13,876,174 |
Consumer loans |  |  | 4,826,096 |  |  |  | 217,866 |  |  |  | 238,850 |  |  |  | 5,282,812 |  |  |  | 4,603,595 |  |  |  | 178,513 |  |  |  | 217,139 |  |  |  | 4,999,247 |
Total |  |  | 34,675,625 |  |  |  | 2,007,499 |  |  |  | 2,046,277 |  |  |  | 38,729,401 |  |  |  | 32,664,056 |  |  |  | 2,190,877 |  |  |  | 1,674,129 |  |  |  | 36,529,062 |
Schedule of financial assets and associated collateral |
|  | As of December 31, |
|  | 2022 |  |  | 2021 |
|  | Maximum exposure to credit risk |  |  | Collateral |  |  | Net exposure |  |  | Associated ECL |  |  | Maximum exposure to credit risk |  |  | Collateral |  |  | Net exposure |  |  | Associated ECL |
|  | MCh$ |  |  | MCh$ |  |  | MCh$ |  |  | MCh$ |  |  | MCh$ |  |  | MCh$ |  |  | MCh$ |  |  | MCh$ |
Interbank loans |  |  | 32,991 |  |  |  | - |  |  |  | 32,991 |  |  |  | 1 |  |  |  | 428 |  |  |  | - |  |  |  | 428 |  |  |  | - |
Commercial loans |  |  | 17,684,589 |  |  |  | 9,945,505 |  |  |  | 7,739,084 |  |  |  | 661,566 |  |  |  | 17,724,326 |  |  |  | 10,171,168 |  |  |  | 7,553,158 |  |  |  | 603,633 |
Mortgage loans |  |  | 15,729,009 |  |  |  | 15,358,111 |  |  |  | 370,898 |  |  |  | 162,756 |  |  |  | 13,876,174 |  |  |  | 13,331,941 |  |  |  | 544,233 |  |  |  | 143,658 |
Consumer Loans |  |  | 5,282,812 |  |  |  | 593,660 |  |  |  | 4,689,152 |  |  |  | 328,944 |  |  |  | 4,999,247 |  |  |  | 619,624 |  |  |  | 4,379,623 |  |  |  | 304,411 |
Contingemt loans exposure |  |  | 3,048,383 |  |  |  | 476,327 |  |  |  | 2,572,056 |  |  |  | 44,997 |  |  |  | 2,580,613 |  |  |  | 427,271 |  |  |  | 2,153,342 |  |  |  | 52,205 |
Total |  |  | 41,777,784 |  |  |  | 26,373,603 |  |  |  | 15,404,181 |  |  |  | 1,198,264 |  |  |  | 39,180,788 |  |  |  | 24,550,004 |  |  |  | 14,630,784 |  |  |  | 1,103,907 |
Schedule of main sources of financing with third parties |
|  |  |  |  | As of December 31, |
|  |  |  |  | 2022 |  |  | 2021 |
|  |  |  |  | Amount of exposure |  |  | Amount of exposure |
|  | Note |  |  | MCh$ |  |  | MCh$ |
Deposits in banks |  |  | 4 |  |  |  | 1,982,942 |  |  |  | 1,998,235 |
Cash items in process of collection |  |  | 4 |  |  |  | 843,816 |  |  |  | 390,271 |
Financial assets for trading at FVTPL |  |  | 5 |  |  |  |  |  |  |  |  |
Financial derivative contracts |  |  |  |  |  |  | 11,672,960 |  |  |  | 9,494,471 |
Financial assets held for trading |  |  |  |  |  |  | 154,046 |  |  |  | 73,347 |
Financial assets at FVOCI |  |  | 6 |  |  |  |  |  |  |  |  |
Debt financial instruments |  |  |  |  |  |  | 5,800,733 |  |  |  | 5,803,139 |
Other financial instruments |  |  |  |  |  |  | 142,306 |  |  |  | 99,375 |
Financial derivative contracts for hedge accounting |  |  | 7 |  |  |  | 477,762 |  |  |  | 629,136 |
Financial assets at amortised cost |  |  | 8 |  |  |  |  |  |  |  |  |
Debt financial instruments |  |  |  |  |  |  | 4,867,591 |  |  |  | 4,691,730 |
Interbank loans |  |  |  |  |  |  | 32,990 |  |  |  | 428 |
Loans and account receivable at amortised cost / |  |  |  |  |  |  | 37,543,144 |  |  |  | 35,577,003 |
Off-balance commitments: |  |  |  |  |  |  |  |  |  |  |  |
Letters of credit issued |  |  |  |  |  |  | 255,522 |  |  |  | 323,531 |
Foreign letters of credit confirmed |  |  |  |  |  |  | 1,476,599 |  |  |  | 53,777 |
Performance guarantees |  |  |  |  |  |  | 8,974,077 |  |  |  | 1,390,410 |
Available credit lines |  |  |  |  |  |  | 924,173 |  |  |  | 8,986,535 |
Personal guarantees |  |  |  |  |  |  | 1,617 |  |  |  | 579,051 |
Other irrevocable credit commitments |  |  |  |  |  |  | 313,345 |  |  |  | 265,517 |
Total |  |  |  |  |  |  | 75,463,623 |  |  |  | 70,355,956 |
Schedule of fair value of derivative instruments |
Country |  | Classification |  |  | Derivative Instruments (adjusted to market) |  |  | Deposits |  |  | Loans |  |  | Financial investments |  |  | Total Exposure |
|  |  |  |  | US$ millions |
Hong Kong |  |  | 2 |  |  |  | - |  |  |  | 9 |  |  |  | 12.00 |  |  |  | - |  |  |  | 21.00 |
Italy |  |  | 2 |  |  |  | - |  |  |  | 1 |  |  |  | - |  |  |  | - |  |  |  | 1.00 |
Mexico |  |  | 3 |  |  |  | 3 |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 3.00 |
China |  |  | 2 |  |  |  | - |  |  |  | - |  |  |  | 11.00 |  |  |  | - |  |  |  | 11.00 |
Total |  |  |  |  |  |  | 3 |  |  |  | 10 |  |  |  | 23.00 |  |  |  | - |  |  |  | 36.00 |
Counterpart |  | Country |  | Classification |  |  | Derivative instruments (market adjusted) |  |  | Deposits MUSD |  |  | Loans MUSD |  |  | Financial Investments MUSD |  |  | Exposure MUSD |
|  |  |  |  |  |  | US$ millions |
Banco Santander Hong Kong |  | Hong Kong |  |  | 2 |  |  |  | - |  |  |  | 9 |  |  |  | - |  |  |  | - |  |  |  | 9 |
Banco Santander Mexico |  | Mexico |  |  | 3 |  |  |  | 3 |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 3 |
Banco Santander EEUU |  | EEUU |  |  | 1 |  |  |  | 88 |  |  |  | 250 |  |  |  | - |  |  |  | - |  |  |  | 338 |
Santander UK |  | UK |  |  | 1 |  |  |  | - |  |  |  | 2 |  |  |  | - |  |  |  | - |  |  |  | 2 |
Banco Santander España |  | Spain |  |  | 1 |  |  |  | 225 |  |  |  | 36 |  |  |  | - |  |  |  | - |  |  |  | 261 |
Schedule of security interests, collateral, or credit improvements |
|  | As of December 31, |
|  | 2022 |  |  | 2021 |
|  | MCh$ |  |  | MCh$ |
Non-impaired financial assets |  |  |  |  |  |
Properties/mortgages |  |  | 28,012,572 |  |  |  | 27,013,636 |
Investments and others |  |  | 4,441,058 |  |  |  | 1,813,714 |
Impaired financial assets |  |  |  |  |  |  |  |
Properties/ mortgages |  |  | 2,009,968 |  |  |  | 1,715,628 |
Investments and others |  |  | 274,296 |  |  |  | 69,083 |
Total |  |  | 34,737,894 |  |  |  | 30,612,061 |
Schedule of exposure to liquidity risk |
|  | As of December 31, |
|  | 2022 |  |  | 2021 |
|  | % |  |  | % |
30-day |  |  | - |  |  |  | 1 |
30-day foreign currency |  |  | - |  |  |  | 2 |
90-day |  |  | - |  |  |  | 2 |
Schedule of breakdown of bank's fixed income by levels |
|  | As of December 31, |
ALAC |  | 2022 |  |  | 2021 |
|  | MCh$ |  |  | MCh$ |
Level 1: cash and cash equivalent |  |  | 1,453,265 |  |  |  | 1,106,152 |
Level 2: fixed income |  |  | 5,424,452 |  |  |  | 1,223,824 |
Level 2: fixed income |  |  | 8,066 |  |  |  | 9,792 |
Total |  |  | 6,885,783 |  |  |  | 2,339,768 |
Schedule of liquidity coverage ratio |
|  | As of December 31, |
Liquidity Coverage Ratio |  | 2022 |  |  | 2021 |
|  | % |  |  | % |
LCR |  |  | 175 |  |  |  | 149 |
Schedule of net stable funding ratio |
|  | As of December 31, |
Net Stable Funding Ratio |  | 2022 |  |  | 2021 |
|  | % |  |  | % |
NSFR |  |  | 116 |  |  |  | 111 |
Schedule of breakdown by maturity |
|  | As of December 31, 2022 |
|  | Individual |  |  | Consolidated |
|  | Up to 7 days |  |  | Up to 15 days |  |  | Up to 30 days |  |  | Up to 7 days |  |  | Up to 15 days |  |  | Up to 30 days |
|  | MCh$ |  |  | MCh$ |  |  | MCh$ |  |  | MCh$ |  |  | MCh$ |  |  | MCh$ |
Cash flow receivable (assets) and income |  |  | 9,123,887 |  |  |  | 1,805,516 |  |  |  | 3,552,792 |  |  |  | 9,269,188 |  |  |  | 1,804,580 |  |  |  | 3,514,336 |
Cash flow payable (liabilities) and expenses |  |  | 9,295,580 |  |  |  | 1,855,664 |  |  |  | 2,702,150 |  |  |  | 9,320,125 |  |  |  | 1,855,664 |  |  |  | 2,707,135 |
Mismatch |  |  | (171,693 | ) |  |  | (50,148 | ) |  |  | 850,642 |  |  |  | (50,937 | ) |  |  | (51,084 | ) |  |  | 807,201 |
Mismatch affected by limits |  |  |  |  |  |  |  |  |  |  | 628,801 |  |  |  |  |  |  |  |  |  |  |  | 705,180 |
Limits: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
1 time capital |  |  |  |  |  |  |  |  |  |  | 4,128,808 |  |  |  |  |  |  |  |  |  |  |  | 4,238,372 |
Margin available |  |  |  |  |  |  |  |  |  |  | 4,757,609 |  |  |  |  |  |  |  |  |  |  |  | 4,943,552 |
% used |  |  |  |  |  |  |  |  |  |  | 15 | % |  |  |  |  |  |  |  |  |  |  | 17 | %
|  | As of December 31, 2021 |
|  | Individual |  |  | Consolidated |
|  | Up to 7 days |  |  | Up to 15 days |  |  | Up to 30 days |  |  | Up to 7 days |  |  | Up to 15 days |  |  | Up to 30 days |
|  | MCh$ |  |  | MCh$ |  |  | MCh$ |  |  | MCh$ |  |  | MCh$ |  |  | MCh$ |
Cash flow receivable (assets) and income |  |  | 8,075,378 |  |  |  | 2,192,356 |  |  |  | 2,098,212 |  |  |  | 8,239,806 |  |  |  | 2,156,255 |  |  |  | 2,052,735 |
Cash flow payable (liabilities) and expenses |  |  | 10,499,423 |  |  |  | 1,558,043 |  |  |  | 1,717,827 |  |  |  | 10,655,776 |  |  |  | 1,557,680 |  |  |  | 1,714,384 |
Mismatch |  |  | (2,424,045 | ) |  |  | 634,313 |  |  |  | 380,385 |  |  |  | (2,415,970 | ) |  |  | 598,575 |  |  |  | 338,351 |
Mismatch affected by limits |  |  |  |  |  |  |  |  |  |  | (1,409,346 | ) |  |  |  |  |  |  |  |  |  |  | (1,479,044 | )
Limits: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
1 time capital |  |  |  |  |  |  |  |  |  |  | 3,359,436 |  |  |  |  |  |  |  |  |  |  |  | 3,359,436 |
Margin available |  |  |  |  |  |  |  |  |  |  | 1,950,090 |  |  |  |  |  |  |  |  |  |  |  | 1,880,392 |
% used |  |  |  |  |  |  |  |  |  |  | 42 | % |  |  |  |  |  |  |  |  |  |  | 44 | %
Schedule of main sources of financing with third parties |
|  | As of December 31, |
Main sources of financing |  | 2022 |  |  | 2021 |
|  | MCh$ |  |  | MCh$ |
Deposits and other demand obligations |  |  | 14,086,226 |  |  |  | 17,900,938 |
Time deposits |  |  | 12,978,790 |  |  |  | 10,131,055 |
Bank obligations |  |  | 8,864,765 |  |  |  | 8,826,583 |
Debt instruments issued and regulatory capital |  |  | 9,490,009 |  |  |  | 8,989,528 |
Total |  |  | 45,419,790 |  |  |  | 45,848,104 |
Schedule of net losses from operational risks |
|  | As of December 31, |
|  | 2022 |  |  | 2021 |
|  | MCh$ |  |  | MCh$ |
Expenses for the gross loss period due to operational risk events |  |  |  |  |  |
Internal fraud |  |  | 91 |  |  |  | 51 |
External fraud |  |  | 8,513 |  |  |  | 5,469 |
Labor Practices and Business Safety |  |  | 8,095 |  |  |  | 4,089 |
Clients, products and business practices |  |  | 789 |  |  |  | 256 |
Damage to physical assets |  |  | 221 |  |  |  | 236 |
Business interruption and system failures |  |  | 981 |  |  |  | 177 |
Process execution, delivery and management |  |  | 3,624 |  |  |  | 11,185 |
Subtotal |  |  | 22,314 |  |  |  | 21,463 |
Recoveries of expenses in the period due to operational risk events |  |  |  |  |  |  |  |
Internal fraud |  |  | - |  |  |  | 568 |
External fraud |  |  | 2,194 |  |  |  | 3,975 |
Labor Practices and Business Safety |  |  | 1,391 |  |  |  | 874 |
Clients, products and business practices |  |  | 673 |  |  |  | 243 |
Damage to physical assets |  |  | - |  |  |  | 8 |
Business interruption and system failures |  |  | 2 |  |  |  | 33 |
Process execution, delivery and management |  |  | 809 |  |  |  | 2,934 |
Subtotal |  |  | 5,069 |  |  |  | 8,635 |
Net loss from operational risk events |  |  | 17,245 |  |  |  | 12,828 |
Schedule of total assets, risk-weighted assets, and components of effective equity |
|  | Total assets, risk-weighted assets and components of effective equity according to Basel III |  | Consolidated global |  |  | Consolidated global |
|  | 31-12-2022 |  |  | 31-12-2021 |
|  | MCh$ |  |  | MCh$ |
1 |  | Total assets according to the statement of financial position |  |  | 68,164,604 |  |  |  | 63,971,270 |
2 |  | Investment in subsidiaries that are not consolidated |  |  | - |  |  |  | - |
3 |  | Assets discounted from regulatory capital, other than item 2 |  |  | 12,270,810 |  |  |  | 10,014,280 |
4 |  | Credit equivalents |  |  | 2,890,350 |  |  |  | 2,795,989 |
5 |  | Contingent credits |  |  | 2,776,542 |  |  |  | 4,605,506 |
6 |  | Assets generated by the intermediation of financial instruments |  |  | 243,345 |  |  |  | 25,731 |
7 |  | = (1-2-3+4+5-6) Total assets for regulatory purposes |  |  | 61,317,340 |  |  |  | 61,332,754 |
8.a |  | Assets weighted for credit risk, estimated according to the standard methodology (RAW) |  |  | 28,401,718 |  |  |  | 29,019,933 |
8.b |  | Assets weighted for credit risk, estimated according to internal methodologies (AWCR) |  |  | - |  |  |  | - |
8 |  | Market Risk Weighted Assets (MRWA) |  |  | 5,554,604 |  |  |  | 5,599,484 |
10 |  | Operational Risk Weighted Assets (OPWA) |  |  | 4,070,594 |  |  |  | 3,316,895 |
11.a |  | = (8.a/8.b+9+10) Risk Weighted Assets (RWA) |  |  | 38,026,916 |  |  |  | 37,936,312 |
11.b |  | = (8.a/8.b+9+10) Risk-weighted assets, after applying the output floor (RWA) |  |  | 38,026,916 |  |  |  | 37,936,312 |
12 |  | Shareholders equity |  |  | 4,128,808 |  |  |  | 3,400,220 |
13 |  | Non-controlling interest |  |  | 109,563 |  |  |  | 94,360 |
14 |  | Goodwill |  |  | - |  |  |  | - |
15 |  | Excess minority investment |  |  | - |  |  |  | - |
16 |  | = (12+13-14-15) Common Equity Equivalent Tier 1 Capital (CET1) |  |  | 4,238,371 |  |  |  | 3,494,580 |
17 |  | Additional deductions to common equity tier 1, other than item 2 |  |  | 25,455 |  |  |  | - |
18 |  | = (16-17-2) Common Equity Tier 1 (CET1) |  |  | 4,212,916 |  |  |  | 3,494,580 |
19 |  | Voluntary (additional) provisions charged as additional capital tier 1 (AT1) |  |  | - |  |  |  | - |
20 |  | Subordinated bonds imputed as additional capital level 1 (AT1) |  |  | 190,135 |  |  |  | 364,262 |
21 |  | Preferred shares attributed to additional capital tier 1 (AT1) |  |  | - |  |  |  | - |
22 |  | Perpetual bonds attributed to additional capital level 1 (AT1) |  |  | 590,247 |  |  |  | 592,468 |
23 |  | Discounts applied to AT1 |  |  | - |  |  |  | - |
24 |  | = (19+20+21+22-23) Additional Tier 1 Capital (AT1) |  |  | 780,382 |  |  |  | 956,730 |
25 |  | = (18+24) Equity Tier 1 |  |  | 4,993,298 |  |  |  | 4,451,310 |
26 |  | Voluntary (additional) provisions allocated as Tier 2 (T2) capital |  |  | 293,000 |  |  |  | 258,000 |
27 |  | Subordinated bonds imputed as Tier 2 capital (T2) |  |  | 1,472,749 |  |  |  | 1,067,521 |
28 |  | = (26+27) Capital nivel 2 equivalente (T2) |  |  | 1,765,749 |  |  |  | 1,325,521 |
29 |  | Discounts applied to T2 |  |  | - |  |  |  | - |
30 |  | = (28-29) Tier 2 Capital (T2) |  |  | 1,765,749 |  |  |  | 1,325,521 |
31 |  | = (25+30) Effective equity |  |  | 6,759,047 |  |  |  | 5,776,831 |
32 |  | Additional basic capital required for the constitution of the conservation buffer |  |  | 444,662 |  |  |  | 294,249 |
33 |  | Additional basic capital required to set up the countercyclical buffer |  |  | - |  |  |  | - |
34 |  | Additional core capital required for banks rated as systemic |  |  | 142,601 |  |  |  | - |
35 |  | Additional capital required for the evaluation of the adequacy of effective capital (Pillar 2) |  |  | - |  |  |  | - |
Schedule of solvency indicators and regulatory compliance indicators according to Basel III |
|  | Solvency indicators and regulatory compliance indicators according to Basel III |  | Consolidated global |  |  | Consolidated global |
|  |  |  | 31-12-2022 |  |  | 31-12-2021 |
|  |  |  | % |  |  | % |
1 |  | Leverage indicator (T1_I18/T1_I7) |  |  |  |  |  |
1,a |  | Leverage indicator that the bank must meet, considering the minimum requirements |  |  | 6.87 | % |  |  | 5.70 | %
2 |  | Basic capital indicator (T1_I18/T1_I11,b) |  |  |  |  |  |  |  |
2,a |  | Basic capital indicator that the bank must meet, considering the minimum requirements |  |  | 11.08 | % |  |  | 9.21 | %
2,b |  | Capital buffer shortfall |  |  | - |  |  |  | - |
3 |  | Tier 1 capital indicator (T1_I25/T1_I11,b) |  |  |  |  |  |  |  |
3,a |  | Tier 1 capital indicator that the bank must meet, considering the minimum requirements |  |  | 13.13 | % |  |  | 11.73 | %
4 |  | Effective equity indicators (T1_I31/T1_I11,b) |  |  |  |  |  |  |  |
4,a |  | Effective equity indicator that the bank must meet, considering the minimum requirements |  |  | 8.00 | % |  |  | 8.00 | %
4,b |  | Effective equity indicator that the bank must meet, considering the charge for article 35 bis, if applicable |  |  | 9.50 | % |  |  | 9.50 | %
4,c |  | Effective equity indicator that the bank must meet, considering the minimum requirements, conservation buffer and anti-cyclical buffer |  |  | 10.50 | % |  |  | 10.90 | %
5 |  | Credit rating |  |  |  |  |  |  |  |
|  | Regulatory compliance indicators for solvency |  |  |  |  |  |  |  |
6 |  | Voluntary (additional) provisions allocated to Tier 2 capital (T2) in relation to APRCs (T1_I26/ (T1_I8,a or I8,b) |  |  | 1.03 | % |  |  | 0.89 | %
7 |  | Subordinated bonds allocated to Tier 2 (T2) capital in relation to Tier 2 capital |  |  | 34.96 | % |  |  | 30.55 | %
8 |  | Additional Tier 1 capital (AT1) in relation to basic capital (T1_I24/T1_I18) |  |  | 18.52 | % |  |  | 27.38 | %
9 |  | Voluntary provisions (additional) and subordinated bonds that are charged to additional capital level 1 (AT1) in relation to the RWAs (T1_I19+T1_I20 / T1_I11,b) |  |  | 0.50 | % |  |  | 0.96 | %

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