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Financial Liabilities at Amortised Cost | 12 Months Ended
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Dec. 31, 2024
Financial Liabilities At Amortised Cost [Abstract] |
Financial Liabilities at Amortised Cost | FINANCIAL LIABILITIES AT AMORTISED COST
|  | As of December 31, |
|  | 2024 |  | 2023 |
|  | MCh$ |  | MCh$ |
Deposits and other demand liabilities |  |  |  |  |
Checking accounts |  | 11,898,457 |  |  | 11,014,748 |  |
Demand accounts |  | 450,202 |  |  | 500,723 |  |
Other demand deposits |  | 430,519 |  |  | 352,865 |  |
Obligation related to payments cards provision |  | 35,196 |  |  | 1,007 |  |
Other demand liabilities |  | 1,446,235 |  |  | 1,668,483 |  |
Subtotal |  | 14,260,609 |  |  | 13,537,826 |  |
Time deposits and other time liabilities |  |  |  |  |
Time deposits |  | 16,867,607 |  |  | 15,939,325 |  |
Time savings account |  | 221,973 |  |  | 189,757 |  |
Other time liabilities |  | 9,045 |  |  | 8,860 |  |
Subtotal |  | 17,098,625 |  |  | 16,137,942 |  |
Obligations under repurchase agreements |  |  |  |  |
Operation with foreign banks |  | – |  |  | – |  |
Operation with other Chilean entities |  | 276,588 |  |  | 282,584 |  |
Subtotal |  | 276,588 |  |  | 282,584 |  |
Interbank borrowings |  |  |  |  |
Loans from chilean financial institutions |  | 52,311 |  |  | 46,218 |  |
Loans from foreign financial institutions |  | 4,285,636 |  |  | 4,271,414 |  |
Loans from Chilean Central Bank |  | – |  |  | 6,048,867 |  |
Subtotal |  | 4,337,947 |  |  | 10,366,499 |  |
Issue debt instruments |  |  |  |  |
Mortgage finance bonds |  | 220 |  |  | 1,229 |  |
Senior bonds |  | 8,067,274 |  |  | 7,925,385 |  |
Mortgage bond |  | 65,781 |  |  | 74,431 |  |
Subtotal |  | 8,133,275 |  |  | 8,001,045 |  |
Other financial liabilities |  |  |  |  |
Other domestic obligations |  | 200,337 |  |  | 296,273 |  |
Foreign obligations |  | 204 |  |  | – |  |
Subtotal |  | 200,541 |  |  | 296,273 |  |
Total |  | 44,307,585 |  |  | 48,622,169 |  |
NOTE 17 - FINANCIAL LIABILITIES AT AMORTISED COST, continued a.Obligations under from repurchase agreements The Bank raises funds by selling financial instruments and committing itself to buy them back at future dates, plus interest at a predetermined rate. As of December 31, 2024 and 2023, obligations related to instruments sold under repurchase agreements are as follows:
|  | As of December 31, |
|  | 2024 |  | 2023 |
|  | From 1 day to less than 3 months |  | More than 3 months and less than 1 year |  | More than 1 year |  | Total |  | From 1 day to less than 3 months |  | More than 3 months and less than 1 year |  | More than 1 year |  | Total |
|  | MCh$ |  | MCh$ |  | MCh$ |  | MCh$ |  | MCh$ |  | MCh$ |  | MCh$ |  | MCh$ |
Chilean Central Bank and Government securities |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Chilean Treasury bonds and notes |  | 276,588 |  |  | - |  |  | - |  |  | 276,588 |  |  | 282,410 |  |  | 101 |  |  | - |  |  | 282,511 |  |
Subtotal |  | 276,588 |  |  | - |  |  | - |  |  | 276,588 |  |  | 282,410 |  |  | 101 |  |  | - |  |  | 282,511 |  |
Other Chilean debt financial securities |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Chilean Bank debt financial instruments |  | - |  |  | - |  |  | - |  |  | - |  |  | 73 |  |  | - |  |  | - |  |  | 73 |  |
Subtotal |  | - |  |  | - |  |  | - |  |  | - |  |  | 73 |  |  | - |  |  | - |  |  | 73 |  |
Foreign financial debt securities |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Other foreign debt financial instruments |  | - |  |  | - |  |  | - |  |  | - |  |  | - |  |  | - |  |  | - |  |  | - |  |
Subtotal |  | - |  |  | - |  |  | - |  |  | - |  |  | - |  |  | - |  |  | - |  |  | - |  |
Total |  | 276,588 |  |  | - |  |  | - |  |  | 276,588 |  |  | 282,483 |  |  | 101 |  |  | - |  |  | 282,584 |  |
NOTE 17 - FINANCIAL LIABILITIES AT AMORTISED COST, continued b.Interbank borrowings As of December 31, 2024 and 2023 the Interbank borrowings are as follows:
|  | As of December 31, |
|  | 2024 |  | 2023 |
|  | MCh$ |  | MCh$ |
Loans from Chilean Central Bank |  |  |  |  |
Other liabilities with Chilean Central Bank |  | - |  |  | 6,048,867 |  |
Subtotal |  | - |  |  | 6,048,867 |  |
Loans from chilean financial institutions |  |  |  |  |
Commercial interbank loans |  | 52,311 |  |  | 46,218 |  |
Subtotal |  | 52,311 |  |  | 46,218 |  |
Loans from foreign financial institutions |  |  |  |  |
State Bank Of India |  | 776,749 |  |  | 693,432 |  |
Wells Fargo Bank NA |  | 538,546 |  |  | 497,833 |  |
Hong Kong and Shanghai Banking |  | 397,288 |  |  | 126,075 |  |
Citibank N.A. |  | 385,461 |  |  | 378,760 |  |
International Finance Corporate |  | 296,139 |  |  | 173,417 |  |
Sumitomo Mitsui Banking Corporation |  | 249,618 |  |  | 451,646 |  |
The Bank Of New York Mellon |  | 220,051 |  |  | 222,953 |  |
Bank of America |  | 179,688 |  |  | 362,876 |  |
Standard Chartered Bank |  | 161,666 |  |  | 318,573 |  |
Commerzbank Ag |  | 151,921 |  |  | 170,966 |  |
Banco Bilbao Vizcaya Argentaria |  | 150,848 |  |  | 88,060 |  |
Zurcher Kantonalbank |  | 148,656 |  |  | 132,363 |  |
Caixabank Sa |  | 127,882 |  |  | - |  |
Saudi National Bank |  | 103,009 |  |  | 87,550 |  |
Corporacion Andina De Fomento |  | 101,000 |  |  | 44,674 |  |
Banco Santander Hong Kong |  | 55,982 |  |  | 9,641 |  |
Jpmorgan Chase Bank National A |  | 52,224 |  |  | - |  |
Bnp Paribas Sa |  | 51,235 |  |  | - |  |
Lloyds Bank Plc |  | 30,087 |  |  | - |  |
Banco Santander Singapur |  | 29,132 |  |  | 22,309 |  |
Abanca Corporacion Bancaria S.A. |  | 25,351 |  |  | 8,791 |  |
Bank Of Baroda |  | 19,900 |  |  | 70,521 |  |
Dz Bank Ag Deutsche Zentralgen |  | 14,918 |  |  | - |  |
Instituto De Credito Oficial |  | 5,519 |  |  | - |  |
Dresdner Bank Frankfurt |  | 3,243 |  |  | - |  |
Agricultural Bank Of China |  | 3,034 |  |  | 1,015 |  |
Bank Of China |  | 1,738 |  |  | 1,264 |  |
Banco De La Provincia De Bueno |  | 865 |  |  | - |  |
Industrial And Commercial Bank |  | 471 |  |  | 144 |  |
Mufg Bank, Ltd. |  | 460 |  |  | - |  |
Cassa Di Risparmio Di Parma E |  | 414 |  |  | 174 |  |
China Merchants Bank |  | 300 |  |  | 182 |  |
Kbc Bank Nv |  | 274 |  |  | - |  |
Itau Unibanco S/A |  | 262 |  |  | - |  |
Banco Santander Central Hispano |  | 209 |  |  | 1,734 |  |
Turkiye Garanti Bankasi |  | 187 |  |  | 70 |  |
Continued… NOTE 17 - FINANCIAL LIABILITIES AT AMORTISED COST, continued
|  | As of December 31, |
Continued... |  | 2024 |  | 2023 |
|  | MCh$ |  | MCh$ |
Loans from foreign financial institutions, continued |  |  |  |  |
Korea Exchange Bank |  | 171 |  |  | 2,416 |  |
Wachovia Bank Na |  | 163 |  |  | 266 |  |
Bank Of Communications,Co. Ltd |  | 157 |  |  | 71 |  |
The Industrial And Commercial |  | 152 |  |  | 121 |  |
Shinhan Bank |  | 139 |  |  | 27 |  |
Bank For Investment And Devel |  | 134 |  |  | - |  |
Finansbank A.S. |  | 90 |  |  | 38 |  |
China Construction Bank |  | 75 |  |  | 298 |  |
Hua Nan Commercial Bank, Ltd. |  | 71 |  |  | 211 |  |
Arab Bank Plc |  | 40 |  |  | - |  |
Intesa Sanpaolo Spa |  | 30 |  |  | - |  |
Icici Bank Limited |  | 28 |  |  | 166 |  |
National Bank Of Greece S.A. , |  | 21 |  |  | - |  |
Unicredit Bulbank Ad |  | 18 |  |  | - |  |
Deutsche Bank Ag |  | 18 |  |  | - |  |
Santander Madrid Rrhh Convenio Social |  | 2 |  |  | - |  |
The Toronto Dominion Bank |  | - |  |  | 136,525 |  |
Barclays Bank Plc London |  | - |  |  | 134,625 |  |
Bayerische Landesbank Ag Munic |  | - |  |  | 70,242 |  |
Bank Of Montreal |  | - |  |  | 49,945 |  |
Taishin International Bank Co. |  | - |  |  | 8,740 |  |
Bank of Tokio Mitsubishi |  | - |  |  | 443 |  |
Komercni Banka A.S. |  | - |  |  | 392 |  |
Australian And New Zeland Banking Group Ltd. |  | - |  |  | 354 |  |
Banca Intesa S.P.A. |  | - |  |  | 282 |  |
Banco Do Brasil |  | - |  |  | 281 |  |
Bbva Bancomer |  | - |  |  | 225 |  |
Bangkok Bank Public Company Limited |  | - |  |  | 219 |  |
E. Sun Commercial Bank Ltd. , |  | - |  |  | 121 |  |
Banco De Sabadell, S.A. |  | - |  |  | 107 |  |
Rhb Bank Berhad |  | - |  |  | 61 |  |
Export-Import Bank Of Thailand |  | - |  |  | 56 |  |
Banco Rio De La Plata S.A. |  | - |  |  | 50 |  |
Bank Of India |  | - |  |  | 47 |  |
Citic Industrial Bank |  | - |  |  | 37 |  |
Yapi Ve Kredi Bankasi A.S. |  | - |  |  | 21 |  |
Svenka Handelsbanken Estocolmo |  | - |  |  | 4 |  |
Subtotal |  | 4,285,636 |  |  | 4,271,414 |  |
Total |  | 4,337,947 |  |  | 10,366,499 |  |
NOTE 17 - FINANCIAL LIABILITIES AT AMORTISED COST, continued i.Loans from the Chilean Central Bank As part of the measures to address the Covid-19 pandemic, the Chilean Central Bank provided a Credit Facility Conditional on Increased Loans (FCIC) and a Liquidity Credit Line (LCL), with the objective that Chilean banks provide credit financing to households, SMEs and companies during the economic crisis generated by the pandemic. These facilities expired in April and July 2024, for more information see note No. 02. The loans balances from the Chilean Central Bank by maturity are as follows:
| As of December 31, |
| 2024 |  | 2023 |
| MCh$ |  | MCh$ |
Due within 1 year | - |  |  | 6,048,867 |  |
Due within 1 and 2 year | - |  |  | - |  |
Due within 2 and 3 year | - |  |  | - |  |
Due within 3 and 4 year | - |  |  | - |  |
Due after 5 years | - |  |  | - |  |
Total loans from Chilean Central Bank | - |  |  | 6,048,867 |  |
ii.Loans from Chilean financial institutions These obligations’ maturities are as follows:
| As of December 31, |
| 2024 |  | 2023 |
| MCh$ |  | MCh$ |
Due within 1 year | 12,311 |  |  | 46,218 |  |
Due within 1 and 2 year | 40,000 |  |  | - |  |
Due within 2 and 3 year | - |  |  | - |  |
Due within 3 and 4 year | - |  |  | - |  |
Due after 5 years | - |  |  | - |  |
Total loans from Chilean financial institutions | 52,311 |  |  | 46,218 |  |
iii.Foreign obligations
| As of December 31, |
| 2024 |  | 2023 |
| MCh$ |  | MCh$ |
Due within 1 year | 3,353,155 |  |  | 3,793,613 |  |
Due within 1 and 2 year | 630,918 |  |  | 304,384 |  |
Due within 2 and 3 year | 197,765 |  |  | - |  |
Due within 3 and 4 year | - |  |  | 173,417 |  |
Due after 5 years | 103,798 |  |  | - |  |
Total loans from foreign financial institutions | 4,285,636 |  |  | 4,271,414 |  |
NOTE 17 - FINANCIAL LIABILITIES AT AMORTISED COST, continued c.Issued debt instruments 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, 2024 |  | As of December 31, 2023 |
| Current |  | Non-current |  | Total |  | Current |  | Non-current |  | Total |
| MCh$ |  | MCh$ |  | MCh$ |  | MCh$ |  | MCh$ |  | MCh$ |
Mortgage finance bonds | 213 |  |  | 7 |  |  | 220 |  |  | 975 |  |  | 254 |  |  | 1,229 |  |
Senior bonds | 2,646,294 |  |  | 5,420,980 |  |  | 8,067,274 |  |  | 1,849,062 |  |  | 6,076,323 |  |  | 7,925,385 |  |
Mortgage bond | - |  |  | 65,781 |  |  | 65,781 |  |  | - |  |  | 74,431 |  |  | 74,431 |  |
Issued debt instruments | 2,646,507 |  |  | 5,486,768 |  |  | 8,133,275 |  |  | 1,850,037 |  |  | 6,151,008 |  |  | 8,001,045 |  |
Other financial liabilities | 200,541 |  |  | - |  |  | 200,541 |  |  | 296,095 |  |  | 178 |  |  | 296,273 |  |
Total | 2,847,048 |  |  | 5,486,768 |  |  | 8,333,816 |  |  | 2,146,132 |  |  | 6,151,186 |  |  | 8,297,318 |  |
i.Mortgage finance bonds These bonds are used to finance mortgage loans. Their principal amounts are amortised on a quarterly basis. The range of maturities of these bonds is between five and twenty years, Loans are indexed to UF and create a yearly interest yield of 5.18% as of December 31, 2024 (5.23% as of December 31, 2023).
| As of December 31, |
| 2024 |  | 2023 |
| MCh$ |  | MCh$ |
Due within 1 year | 213 |  |  | 975 |  |
Due after 1 year but within 2 years | 7 |  |  | 254 |  |
Due after 2 year but within 3 years | - |  |  | - |  |
Due after 3 year but within 4 years | - |  |  | - |  |
Due after 4 year but within 5 years | - |  |  | - |  |
Due after 5 years | - |  |  | - |  |
Total mortgage finance bonds | 220 |  |  | 1,229 |  |
ii.Senior bonds The following table shows senior bonds by currency:
| As of December 31, |
| 2024 |  | 2023 |
| MCh$ |  | MCh$ |
Santander bonds in UF | 3,830,030 |  |  | 3,632,979 |  |
Santander bonds in USD | 1,971,887 |  |  | 2,424,045 |  |
Santander bonds in CHF | 866,942 |  |  | 637,203 |  |
Santander bonds in Ch$ | 827,738 |  |  | 619,386 |  |
Santander bonds in AUD | 93,244 |  |  | 116,515 |  |
Current bonds in JPY | 296,831 |  |  | 323,922 |  |
Santander bonds in EUR | 180,602 |  |  | 171,335 |  |
Total senior bonds | 8,067,274 |  |  | 7,925,385 |  |
NOTE 17 - FINANCIAL LIABILITIES AT AMORTISED COST, continued 1.Placement of senior bonds In 2024, the Bank issued bonds for UF 21,302,000, CLP 145,550,000,000 and CHF 225,000,000, detailed as follows:
Series |  | Currency |  | Amount |  | Term (years) |  | Issuance rate (% annual) |  | Issuance date |  | Placement date |  | Maturity date
AA13 |  | UF |  | 1,795,000 |  |  | 6 years |  | 0.03 |  | 09-01-2023 |  | 01-03-2024 |  | 09-01-2029
AA14 |  | UF |  | 4,567,000 |  |  | 5 years |  | 0.03 |  | 12-01-2023 |  | 02-07-2024 |  | 12-01-2028
W3 |  | UF |  | 3,160,000 |  |  | 7.5 years |  | 0.02 |  | 12-01-2018 |  | 01-04-2024 |  | 06-01-2026
AA15 |  | UF |  | 1,615,000 |  |  | 4 years |  | 0.03 |  | 10-01-2023 |  | 05-09-2024 |  | 11-01-2030
AA16 |  | UF |  | 3,000,000 |  |  | 2.5 years |  | 0.03 |  | 04-01-2024 |  | 07-05-2024 |  | 10-01-2026
T21 |  | UF |  | 2,165,000 |  |  | 7.5 years |  | 2.75 |  | 06-01-2022 |  | 07-08-2024 |  | 12-01-2029
T19 |  | UF |  | 5,000,000 |  |  | 11 years |  | 2.65 |  | 08-01-2022 |  | 10-17-2024 |  | 08-01-2033
Total UF |  |  |  | 21,302,000 |  |  |  |  |  |  |  |  |  |  |
AA7 |  | CLP |  | 7,350,000,000 |  |  | 3.5 years |  | 0.07 |  | 02-24-2023 |  | 01-04-2024 |  | 08-01-2026
AA10 |  | CLP |  | 25,000,000,000 |  |  | 3 years |  | 0.07 |  | 03-01-2023 |  | 03-25-2024 |  | 03-01-2026
AA8 |  | CLP |  | 67,500,000,000 |  |  | 4.5 years |  | 0.07 |  | 03-01-2023 |  | 01-05-2024 |  | 09-01-2027
AA2 |  | CLP |  | 4,000,000,000 |  |  | 6.5 years |  | 0.06 |  | 12-01-2022 |  | 01-11-2024 |  | 06-01-2029
AA9 |  | CLP |  | 41,700,000,000 |  |  | 8 years |  | 0.06 |  | 11-01-2022 |  | 01-05-2024 |  | 11-01-2030
Total CLP |  |  |  | 145,550,000,000 |  |  |  |  |  |  |  |  |  |  |
Bonos CHF |  | CHF |  | 225,000,000 |  |  | 3 years |  | 0.02 |  | 01-11-2024 |  | 01-25-2024 |  | 01-25-2027
Total CHF |  |  |  | 225,000,000 |  |  |  |  |  |  |  |  |  |  |
In 2023, the Bank issued bonds for UF 7,719,000, CLP 424,400,000,000, USD 30,000,000 and JPY 25,500,000,000, detailed as follows:
Series |  | Currency |  | Amount |  | Term (years) |  | Issuance rate (% annual) |  | Issuance date |  | Placement date |  | Maturity date
W3 |  | UF |  | 2,724,000 |  |  | 7.5 years |  | 1.60 |  | 12-01-2018 |  | 02-21-2023 |  | 06-01-2026
W5 |  | UF |  | 3,790,000 |  |  | 9 years |  | 1.80 |  | 03-01-2019 |  | 01-19-2023 |  | 03-01-2028
AA13 |  | UF |  | 1,205,000 |  |  | 6 years |  | 3.40 |  | 09-01-2023 |  | 11-23-2023 |  | 09-01-2029
Total UF |  |  |  | 7,719,000 |  |  |  |  |  |  |  |  |  |  |
U7 |  | CLP |  | 3,000,000,000 |  |  | 5.5 years |  | 7.00 |  | 03-01-2022 |  | 02-24-2023 |  | 09-01-2027
T18 |  | CLP |  | 75,000,000,000 |  |  | 5.5 years |  | 7.50 |  | 06-01-2022 |  | 01-09-2023 |  | 12-01-2027
AA7 |  | CLP |  | 67,650,000,000 |  |  | 3.5 years |  | 6.80 |  | 02-24-2023 |  | 02-24-2023 |  | 08-01-2026
AA1 |  | CLP |  | 100,000,000,000 |  |  | 6 years |  | 6.60 |  | 03-13-2023 |  | 03-13-2023 |  | 12-01-2028
AA3 |  | CLP |  | 100,000,000,000 |  |  | 8 years |  | 6.20 |  | 03-16-2023 |  | 03-16-2023 |  | 09-01-2030
AA10 |  | CLP |  | 25,000,000,000 |  |  | 3 years |  | 7.10 |  | 03-01-2023 |  | 06-09-2023 |  | 03-01-2026
AA8 |  | CLP |  | 32,500,000,000 |  |  | 4.5 years |  | 6.70 |  | 03-01-2023 |  | 06-13-2023 |  | 09-01-2027
AA2 |  | CLP |  | 18,250,000,000 |  |  | 6.5 years |  | 6.20 |  | 12-01-2022 |  | 12-05-2023 |  | 06-01-2029
AA9 |  | CLP |  | 3,000,000,000 |  |  | 8 years |  | 6.30 |  | 11-01-2022 |  | 12-20-2023 |  | 11-01-2030
Total CLP |  |  |  | 424,400,000,000 |  |  |  |  |  |  |  |  |  |  |
Bono USD |  | USD |  | 30,000,000 |  |  | 1 year |  | 5.84 |  | 04-12-2023 |  | 04-19-2023 |  | 04-19-2024
Total USD |  |  |  | 30,000,000 |  |  |  |  |  |  |  |  |  |  |
Bono JPY |  | JPY |  | 10,500,000,000 |  |  | 1 year |  | 0.60 |  | 04-24-2023 |  | 04-28-2023 |  | 04-28-2024
Bono JPY |  | JPY |  | 7,000,000,000 |  |  | 2 years |  | 0.78 |  | 05-24-2023 |  | 05-30-2023 |  | 05-30-2025
Bono JPY |  | JPY |  | 8,000,000,000 |  |  | 2 years |  | 0.78 |  | 10-20-2023 |  | 10-27-2023 |  | 10-27-2025
Total JPY |  |  |  | 25,500,000,000 |  |  |  |  |  |  |  |  |  |  |
NOTE 17 - FINANCIAL LIABILITIES AT AMORTISED COST, continued 2.Repurchase of senior bonds During 2024, the Bank repurchased the following bonds:
Date |  | Type |  | Currency |  | Amount |
January 2024 |  | Senior |  | CLP |  | 1,270,000,000 |  |
January 2024 |  | Senior |  | UF |  | 2,137,000 |  |
January 2024 |  | Senior |  | USD |  | 18,368,000 |  |
March 2024 |  | Senior |  | CLP |  | 310,000,000 |  |
March 2024 |  | Senior |  | JPY |  | 10,500,000,000 |  |
March 2024 |  | Senior |  | UF |  | 932,000 |  |
June 2024 |  | Senior |  | UF |  | 216,000 |  |
October 2024 |  | Senior |  | UF |  | 4,365,000 |  |
Noviembre 2024 |  | Senior |  | USD |  | 4,938,000 |  |
During 2023, the Bank repurchased the following bonds:
Date |  | Type |  | Currency |  | Amount |
January 2023 |  | Senior |  | UF |  | 13,100 |  |
January 2023 |  | Senior |  | UF |  | 44,000 |  |
January 2023 |  | Senior |  | UF |  | 45,000 |  |
April 2023 |  | Senior |  | UF |  | 80,000 |  |
April 2023 |  | Senior |  | UF |  | 30,000 |  |
May 2023 |  | Senior |  | CLP |  | 91,000,000,000 |  |
July 2023 |  | Senior |  | UF |  | 50,000 |  |
December 2023 |  | Senior |  | UF |  | 73,000 |  |
December 2023 |  | Senior |  | UF |  | 1,000 |  |
3.The maturities of senior bonds are as follows:
| As of December 31, |
| 2024 |  | 2023 |
| MCh$ |  | MCh$ |
Due within 1 year | 2,646,294 |  |  | 1,849,062 |  |
Due after 1 year but within 2 years | 1,329,369 |  |  | 1,577,424 |  |
Due after 2 year but within 3 years | 991,289 |  |  | 1,395,929 |  |
Due after 3 year but within 4 years | 600,858 |  |  | 559,331 |  |
Due after 4 year but within 5 years | 530,873 |  |  | 573,349 |  |
Due after 5 years | 1,968,591 |  |  | 1,970,290 |  |
Total senior bonds | 8,067,274 |  |  | 7,925,385 |  |
iii.Mortgage bonds Detail of mortgage bonds per currency is as follows:
| As of December 31, |
| 2024 |  | 2023 |
| MCh$ |  | MCh$ |
Mortgage bonds in UF | 65,781 |  | 74,431 |
Total mortgage bonds | 65,781 |  | 74,431 |
NOTE 17 - FINANCIAL LIABILITIES AT AMORTISED COST, continued 1.Allocation of mortgage bonds During 2024 and 2023, the Bank has not placed any mortgage bonds. 2.The maturities of Mortgage bonds are as follows
| As of December 31, |
| 2024 |  | 2023 |
| MCh$ |  | MCh$ |
Due within 1 year | - |  |  | - |  |
Due after 1 year but within 2 years | - |  |  | 13,997 |  |
Due after 2 year but within 3 years | - |  |  | 14,398 |  |
Due after 3 year but within 4 years | 36,950 |  |  | 14,812 |  |
Due after 4 year but within 5 years | - |  |  | 15,240 |  |
Due after 5 years | 28,831 |  |  | 15,984 |  |
Total Mortgage bonds | 65,781 |  |  | 74,431 |  |
d.Other financial liabilities The composition of other financial obligations, by maturity, is detailed below:
| As of December 31, |
| 2024 |  | 2023 |
| MCh$ |  | MCh$ |
Non-current portion |  |  |  |
Due after 1 year but within 2 years | - |  |  | 78 |  |
Due after 2 year but within 3 years | - |  |  | 86 |  |
Due after 3 year but within 4 years | - |  |  | 14 |  |
Due after 4 year but within 5 years | - |  |  | - |  |
Due after 5 years | - |  |  | - |  |
Non-current portion subtotal | - |  |  | 178 |  |
Current portion |  |  |  |
Amounts due to credit card operators | 198,633 |  |  | 171,529 |  |
Acceptance of letters of credit | 204 |  |  | - |  |
Other long-term financial obligations, short-term portion | 1,704 |  |  | 124,566 |  |
Current portion subtotal | 200,541 |  |  | 296,095 |  |
Total other financial liabilities | 200,541 |  |  | 296,273 |  |

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