XML 108 R85.htm IDEA: XBRL DOCUMENT v3.22.4

Risk Management (Tables)

12 Months Ended

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	%

X

- Definition

The disclosure of detailed information about description of managing liquidity risk.

+ References

No definition available.

+ Details

Name:	bsac_DescriptionOfDetailedInformationManagingLiquidityRiskExplanatory
Namespace Prefix:	bsac_
Data Type:	dtr:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

The disclosure of allowance and exposure at default (EAD) of the loans.

+ References

No definition available.

+ Details

Name:	bsac_DisclosureOfAllowanceAndExposureAtDefaultEADOfLoans
Namespace Prefix:	bsac_
Data Type:	dtr:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	bsac_DisclosureOfClassificationOfReliefMeasureExplanatory
Namespace Prefix:	bsac_
Data Type:	dtr:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

The disclosure of detailed information about credit risk exposure.

+ References

No definition available.

+ Details

Name:	bsac_DisclosureOfDetailedInformationCreditRiskExposureExplanatory
Namespace Prefix:	bsac_
Data Type:	dtr:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

The disclosure of exposures of financial assets and liabilities impacted by IBOR reform.

+ References

No definition available.

+ Details

Name:	bsac_DisclosureOfExposuresOfFinancialAssetsAndLiabilitiesExplanatory
Namespace Prefix:	bsac_
Data Type:	dtr:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	bsac_DisclosureOfFinancialRiskManagementTextBlockAbstract
Namespace Prefix:	bsac_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Schedule of liquidity coverage ratio.

+ References

No definition available.

+ Details

Name:	bsac_DisclosureOfLiquidityCoverageRatioExplanatory
Namespace Prefix:	bsac_
Data Type:	dtr:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

The disclosure of main sources of financing with third parties.

+ References

No definition available.

+ Details

Name:	bsac_DisclosureOfMainSourcesOfFinancingWithThirdPartiesTextBlock
Namespace Prefix:	bsac_
Data Type:	dtr:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Schedule of market risk trading protfolio.

+ References

No definition available.

+ Details

Name:	bsac_DisclosureOfMarketRiskTradingProtfolioExplanatory
Namespace Prefix:	bsac_
Data Type:	dtr:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	bsac_DisclosureOfNetLossesFromOperationalRisksExplanatory
Namespace Prefix:	bsac_
Data Type:	dtr:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

The disclosure of net stable funding ratio.

+ References

No definition available.

+ Details

Name:	bsac_DisclosureOfNetStableFundingRatioExplanatory
Namespace Prefix:	bsac_
Data Type:	dtr:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

The disclosure of detailed information about sensitivity analysis.

+ References

No definition available.

+ Details

Name:	bsac_DisclosureOfSensitivityAnalysisExplanatory
Namespace Prefix:	bsac_
Data Type:	dtr:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Schedule of total assets, risk-weighted assets, and components of effective equity.

+ References

No definition available.

+ Details

Name:	bsac_DisclosureOfTotalAssetsRiskweightedAssetsAndComponentsOfEffectiveEquityExplanatory
Namespace Prefix:	bsac_
Data Type:	dtr:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Schedule of solvency indicators and regulatory compliance indicators according to basel III.

+ References

No definition available.

+ Details

Name:	bsac_DisclsoureOfSolvencyIndicatorsAndRegulatoryComplianceIndicatorsAccordingToBasellllExplanatory
Namespace Prefix:	bsac_
Data Type:	dtr:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure for allowance sensibility.

+ References

No definition available.

+ Details

Name:	bsac_ScheduleOfAllowancesSensibility
Namespace Prefix:	bsac_
Data Type:	dtr:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Schedule of breakdown of bank's fixed income by levels.

+ References

No definition available.

+ Details

Name:	bsac_ScheduleOfBreakdownOfBanksFixedIncomeByLevelsTextBlock
Namespace Prefix:	bsac_
Data Type:	dtr:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure for financial assets and associated collateral.

+ References

No definition available.

+ Details

Name:	bsac_ScheduleOfFinancialAssetAndAssociatedCollateral
Namespace Prefix:	bsac_
Data Type:	dtr:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure for macro economical forward.

+ References

No definition available.

+ Details

Name:	bsac_ScheduleOfMacrosEconomicalForward
Namespace Prefix:	bsac_
Data Type:	dtr:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

The tabular disclosure of modified loans.

+ References

No definition available.

+ Details

Name:	bsac_ScheduleOfModifiedLoans
Namespace Prefix:	bsac_
Data Type:	dtr:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure for probabilities.

+ References

No definition available.

+ Details

Name:	bsac_ScheduleOfProbabilitie
Namespace Prefix:	bsac_
Data Type:	dtr:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure for risk concentration.

+ References

No definition available.

+ Details

Name:	bsac_ScheduleOfRiskConcentration
Namespace Prefix:	bsac_
Data Type:	dtr:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

The disclosure of the credit risk exposure. Credit risk exposure is the credit risk inherent in an entity’s financial assets and commitments to extend credit.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Name IFRS
-Number 7
-IssueDate 2022-03-24
-Paragraph 35M
-URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&num=7&code=ifrs-tx-2022-en-r&anchor=para_35M&doctype=Standard
-URIDate 2022-03-24

+ Details

Name:	ifrs-full_DisclosureOfCreditRiskExposureExplanatory
Namespace Prefix:	ifrs-full_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

The disclosure of financial liabilities. [Refer: Financial liabilities]

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Name IFRS
-Number 7
-IssueDate 2022-03-24
-Paragraph 7
-URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&num=7&code=ifrs-tx-2022-en-r&anchor=para_7&doctype=Standard
-URIDate 2022-03-24

+ Details

Name:	ifrs-full_DisclosureOfFinancialLiabilitiesExplanatory
Namespace Prefix:	ifrs-full_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

The disclosure of operating segments. [Refer: Operating segments [member]]

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Name IFRS
-Number 8
-IssueDate 2022-03-24
-Paragraph 23
-URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&num=8&code=ifrs-tx-2022-en-r&anchor=para_23&doctype=Standard
-URIDate 2022-03-24

+ Details

Name:	ifrs-full_DisclosureOfOperatingSegmentsExplanatory
Namespace Prefix:	ifrs-full_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

The explanation of the credit risk management practices and how they relate to the recognition and measurement of expected credit losses.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Name IFRS
-Number 7
-IssueDate 2022-03-24
-Paragraph 35F
-URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&num=7&code=ifrs-tx-2022-en-r&anchor=para_35F&doctype=Standard
-URIDate 2022-03-24

+ Details

Name:	ifrs-full_ExplanationOfCreditRiskManagementPracticesAndHowTheyRelateToRecognitionAndMeasurementOfExpectedCreditLossesExplanatory
Namespace Prefix:	ifrs-full_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

The disclosure of information about the collateral held as security and other credit enhancements (for example, quantification of the extent to which collateral and other credit enhancements mitigate credit risk) for financial assets that are credit-impaired at the reporting date.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Name IFRS
-Number 7
-IssueDate 2022-03-24
-Paragraph 35K
-Subparagraph c
-URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&num=7&code=ifrs-tx-2022-en-r&anchor=para_35K_c&doctype=Standard
-URIDate 2022-03-24

+ Details

Name:	ifrs-full_InformationAboutCollateralHeldAsSecurityAndOtherCreditEnhancementsForCreditimpairedFinancialAssetsExplanatory
Namespace Prefix:	ifrs-full_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

The disclosure of the sensitivity analysis for types of market risk to which the entity is exposed, showing how profit or loss and equity would have been affected by changes in the relevant risk variable that were reasonably possible at that date. [Refer: Market risk [member]]

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Name IFRS
-Number 7
-IssueDate 2022-03-24
-Paragraph 40
-Subparagraph a
-URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&num=7&code=ifrs-tx-2022-en-r&anchor=para_40_a&doctype=Standard
-URIDate 2022-03-24

+ Details

Name:	ifrs-full_SensitivityAnalysisForEachTypeOfMarketRisk
Namespace Prefix:	ifrs-full_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration