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Equity (Tables)
 12 Months Ended
Dec. 31, 2023
Equity [Abstract]  
Schedule of Activity with Respect to Shares The activity with respect to shares during 2023, 2023 and 2022 was as follows:
    SHARES
As of December 31,		  
    2023     2022     2021  
Issued as of January 1     188,446,126,794       188,446,126,794       188,446,126,794  
Issuance of paid shares    
-
      
-
      
-
  
Issuance of outstanding shares    
-
      
-
      
-
  
Stock options exercised    
-
      
-
      
-
  
Issued as of December 31,     188,446,126,794       188,446,126,794       188,446,126,794  
Schedule of Shareholder Composition As of December 31, 2023, the shareholder composition was as follows:
Corporate Name or Shareholder’s Name   Shares     ADRs (*)     Total     % of
equity holding		  
                         
Santander Chile Holding S.A.     66,822,519,695      
-
       66,822,519,695      
35,46
  
Teatinos Siglo XXI Inversiones S.A.     59,770,481,573      
-
       59,770,481,573      
31,72
  
The Bank of New York Mellon    
 
       12,799,964,871       12,799,964,871      
6,79
  
Bancos por cuenta de terceros     19,416,795,808       -       19,416,795,808      
10,30
  
AFP por cuentas de terceros     18,392,349,767       -       18,392,349,767      
9,76
  
Corredoras de bolsa por cuenta de terceros     5,029,151,233       -       5,029,151,233      
2,67
  
Otros accionistas minoritarios     6,214,863,847      
-
       6,214,863,847      
3,30
  
Total     175,646,161,923       12,799,964,871       188,446,126,794      
100,00
  
(*)American Depository Receipts (ADR) are certificates issued by a U.S. commercial bank to be traded on the U.S. securities markets.
Corporate Name or Shareholder’s Name   Shares     ADRs (*)     Total     % of
equity holding		  
Santander Chile Holding S.A.     66,822,519,695      
-
       66,822,519,695       35.46  
Teatinos Siglo XXI Inversiones S.A.     59,770,481,573      
-
       59,770,481,573       31.72  
The Bank New York Mellon    
-
       19,845,850,871       19,845,850,871       10.53  
Banks on behalf of third parties     16,841,385,216      
-
       16,841,385,216       8.94  
Pension funds (AFP) on behalf of third parties     13,742,809,166      
-
       13,742,809,166       7.29  
Stock brokers on behalf of third parties     6,122,497,451      
-
       6,122,497,451       3.25  
Other minority holders     5,300,582,822      
-
       5,300,582,822       2.81  
Total     168,600,275,923       19,845,850,871       188,446,126,794       100.00  
Corporate Name or Shareholder’s Name  Shares   ADRs (*)   Total   % of
equity holding		 
Santander Chile Holding S.A.   66,822,519,695    
-
    66,822,519,695    35.46 
Teatinos Siglo XXI Inversiones S.A.   59,770,481,573    
-
    59,770,481,573    31.72 
The Bank New York Mellon   
-
    20,710,338,871    20,710,338,871    10.99 
Banks on behalf of third parties   17,318,500,798    
-
    17,318,500,798    9.19 
Pension funds (AFP) on behalf of third parties   11,949,134,854    
-
    11,949,134,854    6.34 
Stock brokers on behalf of third parties   5,870,596,720    
-
    5,870,596,720    3.12 
Other minority holders   6,004,554,283    
-
    6,004,554,283    3.18 
Total   167,735,787,923    20,710,338,871    188,446,126,794    100.00 
Schedule of Basic and Diluted Earnings Per Share As of December 31, 2023, 2022 and 2021 the basic and diluted earnings per share were as follows:
   As of December 31, 
   2023   2022   2021 
   MCh$   MCh$   MCh$ 
             
a) Basic earnings per share            
Total attributable to the shareholders of the Bank   579,427    792,276    842,467 
Weighted average number of outstanding shares   188,446,126,794    188,446,126,794    188,446,126,794 
Basic earnings per share (in Ch$)   3.075    4.204    4.471 
Basic earnings per share from continuing operations (in Ch$)   3.075    4.204    4.471 
Basic earnings per share from discontinued operations (in Ch$)   
 
    
-
    
-
 
                
b) Diluted earnings per share               
Total attributable to the shareholders of the Bank   579,427    792,276    842,467 
Weighted average number of outstanding shares   188,446,126,794    188,446,126,794    188,446,126,794 
Adjusted number of shares   188,446,126,794    188,446,126,794    188,446,126,794 
Diluted earnings per share (in Ch$)   3.075    4.204    4.471 
Diluted earnings per share from continuing operations (in Ch$)   3.075    4.204    4.471 
Diluted earnings per share from discontinued operations (in Ch$)   
-
    
-
    
-
 
Schedule of Other Comprehensive Income from Available for Sale Investments and Cash Flow Hedges Other comprehensive income from available for sale investments and cash flow hedges:
   For the years ended December 31, 
   2023   2022   2021 
   MCh$   MCh$   MCh$ 
             
Debt instruments at FVOCI            
As of January 1,   (109,392)   (112,223)   102,855 
Gain (losses) on the re-measurement of debt instruments at FVOCI, before tax   145,257    23,004    (233,109)
Recycling from other comprehensive income to income for the year   
-
    
-
    
-
 
Net realized gains   (125,613)   (20,173)   18,031 
Subtotals   19,644    2,831    (215,078)
Total   (89,748)   (109,392)   (112,223)
                
Cash flow hedges               
As of January 1,   (118,838)   (373,581)   (136,765)
Gains (losses) on the re-measurement of cash flow hedges, before tax   243,366    298,029    (211,122)
Recycling adjustments on cash flow hedges, before tax   (40,112)   (43,286)   (25,694)
Amounts removed from equity and included in carrying amount of non-financial asset (liability) which acquisition or incurrence was hedged as a highly probable transaction   
-
    
-
    
-
 
Subtotals   203,254    254,743    (236,816)
Total   84,416    (118,838)   (373,581)
                
Other comprehensive income, before taxes   (5,332)   (228,230)   (485,804)
                
Income tax related to other comprehensive income components               
Income tax relating to debt instruments at FVOCI   24,231    29,536    31,650 
Income tax relating to cash flow hedges   (22,792)   32,086    100,867 
Total   1,439    61,622    132,517 
                
Other comprehensive income, net of tax   (3,893)   (166,608)   (353,287)
Attributable to:               
Shareholders of the Bank   (5,242)   (167,147)   (353,849)
Non-controlling interest   1,349    539    562 
Schedule of Perpetual Bonds As of December 31, 2023 and 2022 the balance of the perpetual bonds was as follow:
   As of December 31, 
   2023   2022 
   MCh$   MCh$ 
         
Perpetual bond   608,721    590,247 
Totals   608,721    590,247 
   As of December 31, 
   2023   2022 
   MCh$   MCh$ 
US$ Bonds   608,721    590,247 
Total   608,721    590,247 
Schedule of Bank’s Debts, both Current and Non-Current Debts classified as current are either demand obligations or will mature in one year or less. All other debts are classified as non-current. The Bank’s debts, both current and non-current, are summarised below:
   As of December 31, 2023   As of December 31, 2022 
   Current   Non-current   Total   Current   Non-current   Total 
   MCh$   MCh$   MCh$   MCh$   MCh$   MCh$ 
Perpetual bonds   
-
    608,721    608,721    
-
    590,247    590,247 
Total   
-
    608,721    608,721    
-
    590,247    590,247 
Schedule of Placement of Perpetual Bond The terms of the perpetual bonds were as follows:
Series  Currency  Amount   Terms (years)  

Interest Rate

(Annual)

   Issuance
date		 

Principal
Amount

USD

   Maturity
date		 
AT1 Bond  USD   700,000,000    
-
    4.63   10-21-2021   700,000,000    
-
 
Total USD      700,000,000                 700,000,000      
Schedule of Regulatory Capital Financial Instruments The movement of the balance of regulatory capital financial instruments issued as of December 31, 2023 and 2022, is as follows:
   2023   2022   2021 
   MCh$   MCh$   MCh$ 
Balances as of January 01,   590,247    598,136    
-
 
New issuances   
 
    
-
    564,356 
Interest rate and fx exchange   18,474    (7,889)   33,780 
Balances as of December 31,   608,721    590,247    598,136