XML 90 R63.htm IDEA: XBRL DOCUMENT v3.24.0.1
Financial Liabilities for Trading at Fair Value through Profit or Loss (Tables)
 12 Months Ended
Dec. 31, 2023
Financial Liabilities for Trading at Fair Value through Profit or Loss [Abstract]  
Schedule of Financial Liability Trading A financial liability is held for trading if it is incurred principally for the purpose of repurchasing it in the near term or it is a derivative. The Bank only has derivatives under this classification, whose purpose is to hedge the exchange rate and interest rate risk related to future obligations.
   As of December 31, 
   2023   2022 
   MCh$   MCh$ 
Financial derivative contracts        
Forwards   1,258,352    1,818,024 
Swaps   8,255,283    9,497,035 
Call Options   2,726    2,794 
Put Options   5,214    1,467 
Total   9,521,575    11,319,320 
Schedule of the Bank holds Portfolio of Financial Liabilities As of December 31, 2023 and 2022 the Bank holds the following portfolio of financial liabilities derivative contracts:
   As of December 31, 2023 
   Notional amount 
  

On

Demand

  

Up to

1 month 

   Between
1 and
3 months		   Between
3 and
12 months		  

Between
1 and
 3 years

  

Between
3 and
5 years

  

More than

5 years

   Total   Fair value 
   MCh$   MCh$   MCh$   MCh$   MCh$   MCh$   MCh$   MCh$   MCh$ 
Currency forward   
        -
    15,424,586    11,104,328    15,247,865    3,947,215    1,408,304    2,072,624    49,204,922    1,258,352 
Interest rate swaps   
-
    5,149,926    15,399,286    19,835,190    18,565,396    7,666,659    11,349,882    77,966,339    1,940,320 
Cross currency swaps   
-
    1,915,707    4,813,848    22,440,782    48,295,676    20,620,952    44,005,979    142,092,944    6,314,963 
Call currency options   
-
    192,051    81,368    10,799    
-
    
-
    
-
    284,218    2,726 
Put currency options   
-
    6,518    147,329    157,779    36,650    
-
    
-
    348,276    5,214 
Total   
-
    22,688,788    31,546,159    57,692,415    70,844,937    29,695,915    57,428,485    269,896,699    9,521,575 
   As of December 31, 2022 
   Notional amount 
  

On

Demand

  

Up to

1 month 

   Between
1 and 3
months		   Between
3 and 12
months		  

Between
1 and 3
years

  

Between
3 and 5
years

  

More than

5 years

   Total   Fair value 
   MCh$   MCh$   MCh$   MCh$   MCh$   MCh$   MCh$   MCh$   MCh$ 
Currency forward   
         -
    10,130,103    7,474,471    10,559,457    4,725,547    1,913,113    2,034,929    36,837,620    1,818,024 
Interest rate swaps   
-
    4,042,822    9,226,258    26,018,228    25,470,384    11,344,275    15,274,620    91,376,587    3,935,401 
Cross currency swaps   
-
    726,140    1,580,644    5,192,387    18,051,948    10,879,098    20,229,246    56,659,463    5,561,634 
Call currency options   
-
    289,795    70,941    10,365    -    
-
    
-
    371,101    2,794 
Put currency options   
-
    68,099    11,304    27,612    
-
    
-
    
-
    107,015    1,467 
Total   
-
    15,256,959    18,363,618    41,808,049    48,247,879    24,136,486    37,538,795    185,351,786    11,319,320