| Financial Assets Held for Trading at Fair Value through Profit or Loss |
| 8. | Financial Assets Held for Trading at Fair Value through Profit or Loss: |
The item detail is as follows:
| | |
2024 | | |
2023 | |
| | |
MCh$ | | |
MCh$ | |
| | |
| | |
| |
| Financial derivative contracts | |
| 2,303,353 | | |
| 2,035,540 | |
| Debt Financial Instruments | |
| 1,714,381 | | |
| 3,363,624 | |
| Other financial instruments | |
| 411,689 | | |
| 409,328 | |
| Total | |
| 4,429,423 | | |
| 5,808,492 | |
| (a) | The Bank as of December 31, 2024 and 2023, maintains the following portfolio of derivative instruments: |
| | |
Notional amount of contract with final expiration date in | | |
| | |
| | |
| | |
| |
| | |
Demand | | |
Up to 1 month | | |
Over 1 month and up to 3 months | | |
Over 3 months and up to 12 months | | |
Over 1 year and up to 3 years | | |
Over 3 year and up to 5 years | | |
Over 5 years | | |
Total | | |
Fair Value Assets | |
| | |
2024 | | |
2023 | | |
2024 | | |
2023 | | |
2024 | | |
2023 | | |
2024 | | |
2023 | | |
2024 | | |
2023 | | |
2024 | | |
2023 | | |
2024 | | |
2023 | | |
2024 | | |
2023 | | |
2024 | | |
2023 | |
| | |
MCh$ | | |
MCh$ | | |
MCh$ | | |
MCh$ | | |
MCh$ | | |
MCh$ | | |
MCh$ | | |
MCh$ | | |
MCh$ | | |
MCh$ | | |
MCh$ | | |
MCh$ | | |
MCh$ | | |
MCh$ | | |
MCh$ | | |
MCh$ | | |
MCh$ | | |
MCh$ | |
| | |
| | |
| | |
| | |
| | |
| | |
| | |
| | |
| | |
| | |
| | |
| | |
| | |
| | |
| | |
| | |
| | |
| | |
| |
| Currency forward | |
| — | | |
| — | | |
| 3,289,559 | | |
| 3,659,459 | | |
| 1,712,274 | | |
| 2,410,522 | | |
| 2,589,278 | | |
| 2,517,954 | | |
| 916,016 | | |
| 355,774 | | |
| 26,575 | | |
| 13,536 | | |
| 4,442 | | |
| — | | |
| 8,538,144 | | |
| 8,957,245 | | |
| 227,670 | | |
| 212,639 | |
| Interest rate swap | |
| — | | |
| — | | |
| 376,933 | | |
| 847,401 | | |
| 2,249,606 | | |
| 1,859,664 | | |
| 5,133,205 | | |
| 6,593,100 | | |
| 7,253,517 | | |
| 7,157,777 | | |
| 4,172,518 | | |
| 3,743,282 | | |
| 4,250,312 | | |
| 4,709,682 | | |
| 23,436,091 | | |
| 24,910,906 | | |
| 732,395 | | |
| 883,689 | |
| Interest rate and cross currency swap | |
| — | | |
| — | | |
| 107,571 | | |
| 167,667 | | |
| 249,871 | | |
| 305,181 | | |
| 2,198,760 | | |
| 987,931 | | |
| 2,164,528 | | |
| 2,724,924 | | |
| 1,449,064 | | |
| 1,112,311 | | |
| 2,686,049 | | |
| 2,410,153 | | |
| 8,855,843 | | |
| 7,708,167 | | |
| 1,338,086 | | |
| 934,466 | |
| Call currency options | |
| — | | |
| — | | |
| 11,551 | | |
| 7,019 | | |
| 42,692 | | |
| 26,243 | | |
| 57,908 | | |
| 87,429 | | |
| 11,340 | | |
| 7,325 | | |
| — | | |
| — | | |
| — | | |
| — | | |
| 123,491 | | |
| 128,016 | | |
| 4,949 | | |
| 3,435 | |
| Put currency options | |
| — | | |
| — | | |
| 10,208 | | |
| 3,012 | | |
| 16,989 | | |
| 24,464 | | |
| 23,301 | | |
| 51,132 | | |
| — | | |
| 6,558 | | |
| — | | |
| — | | |
| — | | |
| — | | |
| 50,498 | | |
| 85,166 | | |
| 253 | | |
| 1,311 | |
| Total | |
| — | | |
| — | | |
| 3,795,822 | | |
| 4,684,558 | | |
| 4,271,432 | | |
| 4,626,074 | | |
| 10,002,452 | | |
| 10,237,546 | | |
| 10,345,401 | | |
| 10,252,358 | | |
| 5,648,157 | | |
| 4,869,129 | | |
| 6,940,803 | | |
| 7,119,835 | | |
| 41,004,067 | | |
| 41,789,500 | | |
| 2,303,353 | | |
| 2,035,540 | |
| b) | The detail of Debt Financial Instruments is the following: |
| | |
2024 | | |
2023 | |
| | |
MCh$ | | |
MCh$ | |
| Instruments issued by the Chilean Government and Central Bank of Chile | |
| | |
| |
| Debt financial instruments from the Central Bank of Chile | |
| 1,217,317 | | |
| 2,799,442 | |
| Bonds and Promissory notes from the General Treasury of the Republic | |
| 278,140 | | |
| 227,871 | |
| | |
| | | |
| | |
| Other instruments issued in Chile | |
| | | |
| | |
| Debt financial instruments from other domestic banks | |
| 217,948 | | |
| 336,311 | |
| Instruments issued Abroad | |
| | | |
| | |
| Financial instruments from foreign governments or Central Banks | |
| 976 | | |
| — | |
| Total | |
| 1,714,381 | | |
| 3,363,624 | |
Under “Instruments issued by the
Chilean Government and Central Bank of Chile” are classified instruments sold under repurchase agreements to clients and financial
institutions, by an amount of Ch$10,038 million as of December 31, 2024 (as of December 31, 2023, the bank doesn´t maintain balances
for this type of transactions). The repurchase agreements have an average maturity of 2 days at the end of the year 2024. As part of the
FCIC program, instruments delivered as collateral are included for an approximate amount of Ch$245,620 million as of December 31, 2023.
There is no collateral delivered as of December 31, 2024 for this concept given that the program came to an end on July 1, 2024.
Under “Other instruments issued
in Chile” are included instruments sold under repurchase agreements to clients and financial institutions by an amount of Ch$89,223
million as of December 31, 2024 (Ch$121,586 million in December 2023). The repurchase agreements have an average maturity of 7 days at
the end of the year 2024 (4 days in December 2023).
Additionally, the Bank has investments
in own-issued letters of credit for an amount equivalent to Ch$998 million as of December 31, 2024 (Ch$1,733 million in December 2023),
which are presented as a reduction of the liability item “Debt financial instruments issued”.
| c) | The detail of other financial instruments is as follows: |
| | |
2024 | | |
2023 | |
| | |
MCh$ | | |
MCh$ | |
| Mutual fund investments | |
| | |
| |
| Funds managed by related companies | |
| 408,121 | | |
| 405,752 | |
| Funds managed by third-party | |
| — | | |
| — | |
| | |
| | | |
| | |
| Equity instruments | |
| | | |
| | |
| Domestic equity instruments | |
| 1,039 | | |
| 2,058 | |
| Foreign equity instruments | |
| — | | |
| 485 | |
| | |
| | | |
| | |
| Loans originated and acquired by the entity | |
| | | |
| | |
| Loans and advances to banks | |
| — | | |
| — | |
| Commercial loans | |
| — | | |
| — | |
| Residential mortgage loans | |
| — | | |
| — | |
| Consumer loans | |
| — | | |
| — | |
| Others | |
| 2,529 | | |
| 1,033 | |
| Total | |
| 411,689 | | |
| 409,328 | |
|