XML 68 R41.htm IDEA: XBRL DOCUMENT v3.24.0.1
Expected Credit Losses Allowance
 12 Months Ended
Dec. 31, 2023
Expected Credit Losses Allowance [Abstract]  
EXPECTED CREDIT LOSSES ALLOWANCE

NOTE 33 - EXPECTED CREDIT LOSSES ALLOWANCE

 

As of December 31, 2023, 2022 and 2021, under the 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, 2023 *  Stage 1   Stage 2   Stage 3    
   Corporate   Other **
commercial		   Corporate  

Other **

commercial

   Corporate   Other **
commercial		   TOTAL 
   MCh$   MCh$   MCh$   MCh$   MCh$   MCh$   MCh$ 
Commercial loans   132    (3,898)   (19,358)   4,686    92,539    81,616    155,717 
Mortgage loans   
-
    (4,582)   
-
    (1,213)   
-
    97,364    91,569 
Consumer loans   
-
    29,029    
-
    57,262    
-
    119,881    206,172 
Contingent loans   (1,184)   (14,256)   (6,316)   (1,834)   816    (1,589)   (24,363)
Loans and account receivable at FVOCI   (201)   
-
    
-
    
-
    
-
    
-
    (201)
Debt at FVOCI   
-
    (78)   
-
    
-
    
-
    
-
    (78)
Debt at amortised cost   
-
    1,038    
-
    
-
    
-
    
-
    1,038 
Subtotal   (1,253)   7,253    (25,674)   58,901    93,355    297,272    429,854 
Recovery of loans previously charged-off    (107,069)
TOTAL    322,785 

 

*Includes overlays for an amount of MCh$93,614 to cover certain defaulted loans from mortgage and other commercial portfolios. See Note 37, Risk management.
**Includes Other Commercial, Mortgages and Consumer.

 

For the year ended December 31, 2022 *  Stage 1   Stage 2   Stage 3     
   Corporate   Other **
commercial		   Corporate   Other **
commercial		   Corporate   Other **
commercial		   TOTAL 
   MCh$   MCh$   MCh$   MCh$   MCh$   MCh$   MCh$ 
Commercial loans   
4,3245
    8,734    272    515    90,349    93,961    198,156 
Mortgage loans   
-
    (5,010)   
-
    (4,936)   
-
    51,327    41,381 
Consumer loans   
-
    16,234    
-
    72,115    
-
    113,510    201,859 
Contingent loans   453    2,864    (837)   (231)   1,511    1,429    5,189 
Loans and account receivable at FVOCI   58    
-
    
-
    
-
    
-
    
-
    58 
Debt at FVOCI   
-
    (529)   
-
    
-
    
-
    
-
    (529)
Debt at amortised cost   
-
    957    
-
    
-
    
-
    
-
    957 
Subtotal   4,836    23,250    -565    67,463    91,860    260,227    447,071 
Recovery of loans previously charged-off    (90,577)
TOTAL    356,494 

 

*Includes overlays for an amount of MCh$91,351 for future macro-economic information and scenarios updates. See Note 37, Risk management.

**Includes Other Commercial, Mortgages and Consumer

 

For the year ended December 31, 2021  Stage 1   Stage 2   Stage 3     
   Corporate   Others **
commercial		   Corporate   Others
commercial		   Corporate   Others**
commercial		   TOTAL 
   MCh$   MCh$   MCh$   MCh$   MCh$   MCh$   MCh$ 
Commercial loans   22,469    6,625    37,952    3,445    48,013    58,030    176,534 
Mortgage loans   
-
    7,134    
-
    7,540    
-
    29,763    44,437 
Consumer loans   
-
    56,994    
-
    17,710    
-
    59,963    134,667 
Contingent loans   1,607    7,397    5,167    (1,420)   (279)   (218)   12,254 
Loans and account receivable at FVOCI   59    
-
    
-
    
-
    
-
    
-
    59 
Debt at FVOCI   
-
    (435)   
-
    
-
    
-
    
-
    (435)
Debt at amortised cost   
-
    711    
-
    
-
    
-
    
-
    711 
Total   24,135    78,426    43,119    27,275    47,734    147,538    368,227 
Recovery of loans previously charged-off    (76,999)
TOTAL    291,228 

 

**Includes Other Commercial, Mortgages and Consumer.