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Consolidated Statements of Cash Flows - CLP ($)
$ in Millions
 12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Statement of cash flows [abstract]      
NET INCOME FOR THE YEAR $ 593,837 $ 807,482 $ 852,428
Adjustments for non-cash items included in net income (1,306,901) (1,456,419) (1,440,550)
Depreciation and amortization 143,762 129,993 122,055
Impairment of property, plant, and equipment 1,912
Provision for loan losses 429,854 447,071 368,082
Mark to market of trading investments (125,613) (20,173) (18,031)
Income from investments in associates and other companies (8,763) (10,310) (2,383)
Net gain on sale of assets received in lieu of payment (8,452) (4,354) (5,479)
Provision on assets received in lieu of payment (858) 743 349
Net gain on sale of property, plant and equipment (5,281) (6,405) (673)
Net interest income (1,093,049) (1,570,112) (1,811,351)
Net fee and commission income (502,640) (407,268) (332,751)
Changes in deferred taxes (131,195) (52,181) 226,810
Other non-cash items (6,578) 36,577 12,822
Increase/decrease in operating assets and liabilities 2,028,822 289,949 (6,557)
(Increase)/decrease of loans and accounts receivables from customers, net (2,047,036) (2,026,071) (2,244,100)
(Increase)/decrease of financial investments (1,908,858) (647,482) (2,960,906)
Decrease/ (increase) of interbank loans (35,372) (32,527) 18,502
Decrease/(increase) of assets received or awarded in lieu of payment (5,685) (1,533) 4,822
Increase/(decrease) of debits in customers checking accounts (697,222) (2,673,664) 3,042,985
(Decrease)/increase of time deposits and other time liabilities 3,159,152 2,847,734 (450,736)
(Decrease)/increase of obligations with domestic banks 4,900 40,093 (215,876)
Increase/(decrease) of other demand liabilities or time obligations (162,301) (756,337) 190,050
Increase/(decrease) of obligations with foreign banks 1,032,051 25,445 2,061,681
Increase/(decrease) of obligations with Central Bank of Chile 464,784 (27,356) 652,179
(Decrease)/increase of obligations under repurchase agreements (32,771) 228,721 (883,174)
(Decrease)/increase in other financial liabilities 3,278 110,089 (1,411)
(Decrease)/increase of other assets and liabilities 940,645 1,989,113 (2,535,796)
Redemption of letters of credit (2,568) (3,681) (4,835)
Senior bond issuances 775,171 461,221 1,471,106
Redemption of senior bonds and payments of interest (266,794) (1,183,950) (6,483)
Redemption of mortgage bonds and payments of interest (7,545) (6,655) (289,173)
Redemption of perpetual bond and payments of interest (28,243)
Payment of interest on lease obligations (3,601) (31,118)
Interest received 4,662,944 4,086,656 2,921,097
Interest paid (4,135,540) (2,516,544) (1,109,746)
Dividends received from investments in other companies 2,944 526 506
Fees and commissions received 621,286 729,063 578,604
Fees and commissions paid (304,797) (321,794) (245,853)
Total cash flow (used in) provided by operating activities 1,315,758 (358,988) (594,679)
B - CASH FLOWS FROM INVESTMENT ACTIVITIES:      
Purchases of property, plant, and equipment (76,426) (58,393) (57,995)
Sales of property, plant, and equipment 1,643 18,690 2,498
Purchases of intangible assets (45,067) (54,899) (28,774)
Total cash flow used in investment activities (117,850) (94,602) (84,271)
C - CASH FLOW FROM FINANCING ACTIVITIES:      
Dividends paid (485,191) (464,977) (310,468)
Placement of subordinated bond   102,481  
Placement of perpetual bond     595,175
Lease obligations paid (30,101) (21,827) (46,046)
Total cash flow used in financing activities (515,292) (384,323) 238,661
D – NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS DURING THE YEAR 682,616 (837,913) (440,289)
E – EFFECTS OF FOREIGN EXCHANGE RATE FLUCTUATIONS (1,778) 25,904 437,564
F - INITIAL BALANCE OF CASH AND CASH EQUIVALENTS 2,079,886 2,891,895 2,894,620
FINAL BALANCE OF CASH AND CASH EQUIVALENTS 2,760,724 2,079,886 2,891,895
Provision for loan losses for cash flow purposes 429,854 447,071 368,227
Recovery of loans previously charged off (107,069) (90,577) (76,999)
Provision for loan losses – net $ 322,785 $ 356,494 $ 291,228