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Financial Liabilities for Trading at Fair Value Through Profit or Loss (Tables)
12 Months Ended
Dec. 31, 2024
Corporate information and statement of IFRS compliance [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,
 20242023
 MCh$MCh$
Financial derivative contracts
Forwards1,151,921 1,258,352 
Swaps10,995,608 8,255,283 
Call Options5,530 2,726 
Put Options1,965 5,214 
Total12,155,024 9,521,575 
Schedule of the Bank holds Portfolio of Financial Liabilities
As of December 31, 2024 and 2023 the Bank holds the following portfolio of financial liabilities derivative contracts:
 As of December 31, 2024
 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
TotalFair value
 MCh$MCh$MCh$MCh$MCh$MCh$MCh$MCh$MCh$
Currency forward11,564,755 9,439,120 14,191,034 10,403,238 1,680,685 1,598,835 48,877,667 1,151,921 
Interest rate swaps16,536,773 12,505,389 16,690,413 18,464,156 9,887,330 16,615,159 90,699,220 1,565,539 
Cross currency swaps1,325,472 2,195,962 8,993,722 19,955,223 11,501,296 19,704,815 63,676,490 9,430,069 
Call currency options81,510 143,946 58,826 284,282 5,530 
Put currency options248,733 106,519 138,505 8,921 502,678 1,965 
Total- 29,757,243 24,390,936 40,072,500 48,831,538 23,069,311 37,918,809 204,040,337 12,155,024 
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
TotalFair value
MCh$MCh$MCh$MCh$MCh$MCh$MCh$MCh$MCh$
Currency forward15,424,586 11,104,328 15,247,865 3,947,215 1,408,304 2,072,624 49,204,922 1,258,352 
Interest rate swaps5,149,926 15,399,286 19,835,190 18,565,396 7,666,659 11,349,882 77,966,339 1,940,320 
Cross currency swaps1,915,707 4,813,848 22,440,782 48,295,676 20,620,952 44,005,979 142,092,944 6,314,963 
Call currency options192,051 81,368 10,799 284,218 2,726 
Put currency options6,518 147,329 157,779 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