v3.25.1
Financial Assets at Fair Value Through Other Comprehensive Income (Tables)
 12 Months Ended
Dec. 31, 2024
Financial Assets at Fair Value Through Other Comprehensive Income [Abstract]  
Schedule of Financial Asset

As of December 31, 2024 and 2023, financial assets are detailed as follows:

 

   2024   2023 
   MCh$   MCh$ 
Debt Financial Instruments   2,088,345    3,786,525 
Equity Instruments   9,492    11,912 
Total   2,097,837    3,798,437 
Schedule of Debt Financial Instruments

As of December 31, 2024 and 2023 the detail of debt financial instruments is as follows:

 

   2024   2023 
   MCh$   MCh$ 
Instruments issued by the Chilean Government and Central Bank of Chile        
Debt financial instruments from the Central Bank of Chile   
—
    473,642 
Bonds and Promissory notes from the Chilean Government   660,321    1,362,510 
Other fiscal debt financial instruments   456    1,500 
           
Other Instruments Issued in Chile          
Debt financial instruments from other domestic banks   1,321,030    1,681,744 
Bonds and trade effects from domestic companies   54,600    59,921 
Other debt financial instruments issued in the country   
—
    
—
 
           
Instruments Issued Abroad          
Financial instruments from foreign Central Banks   
—
    
—
 
Financial instruments from foreign governments and fiscal entities   48,883    43,294 
Debt financial instruments from other foreign banks   
—
    163,914 
Bonds and trade effects from foreign companies   3,055    
—
 
Other debt financial instruments issued abroad   
—
    
—
 
Total   2,088,345    3,786,525 
Schedule of Credit Ratings of the Issuers of Debt Instruments The credit ratings of the issuers of debt instruments as of December 31, 2024 and 2023, are as follows:
    As of December 31, 2024     As of December 31, 2023  
    Stage 1
Individual		     Stage 2
Individual		     Stage 3
Individual		     Total
Individual		     Stage 1
Individual		     Stage 2
Individual		     Stage 3
Individual		     Total
Individual		  
    MCh$     MCh$     MCh$     MCh$     MCh$     MCh$     MCh$     MCh$  
Debt Instrument                                                
Investment grade     2,088,345      
—
      
—
       2,088,345       3,786,525      
—
      
—
       3,786,525  
Non-investment grade    
—
      
—
      
—
      
—
      
—
      
—
      
—
      
—
  
Without rating    
—
      
—
      
—
      
—
      
—
      
—
      
—
      
—
  
Total     2,088,345      
—
      
—
       2,088,345       3,786,525      
—
      
—
       3,786,525  
Schedule of Changes in Fair Value and Corresponding Allowance for ECL Analysis of changes in the fair value and corresponding allowance for ECL by stage for debt instruments measured at FVOCI as of December 31, 2024 and 2023, is as follows:
    Stage 1 Individual     Stage 2 Individual     Stage 3 Individual     Total  
    Fair value     ECL     Fair value     ECL     Fair value     ECL     Fair value     ECL  
    MCh$     MCh$     MCh$     MCh$     MCh$     MCh$     MCh$     MCh$  
Balance as of January 1, 2023     3,967,392       9,496      
—
      
—
      
—
      
—
       3,967,392       9,496  
Net change on Balance *     (159,617 )     (3,996 )     (30,124 )     (1,921 )    
—
      
—
       (189,741 )     (5,917 )
Change in fair value     8,718      
—
       156      
—
      
—
      
—
       8,874      
—
  
Transfer to Stage 1    
—
      
—
      
—
      
—
      
—
      
—
      
—
      
—
  
Transfer to Stage 2     (29,968 )    
—
       29,968      
—
      
—
      
—
      
—
      
—
  
Transfer to Stage 3    
—
      
—
      
—
      
—
      
—
      
—
      
—
      
—
  
Impact on year-end ECL of exposures transferred between stages during the year **    
—
      
—
      
—
       1,921      
—
      
—
      
—
       1,921  
Impact of net re-measurement of year-end ECL    
—
      
—
      
—
      
—
      
—
      
—
      
—
      
—
  
Amounts written off    
—
      
—
      
—
      
—
      
—
      
—
      
—
      
—
  
Foreign exchange adjustments    
—
      
—
      
—
      
—
      
—
      
—
      
—
      
—
  
Balance as of December 31, 2023     3,786,525       5,500      
—
      
—
      
—
      
—
       3,786,525       5,500  
                                                                 
Balance as of January 1, 2024     3,786,525       5,500      
—
      
—
      
—
      
—
       3,786,525       5,500  
Net change on Balance *     (1,694,790 )     (1,274 )    
—
      
—
      
—
      
—
       (1,694,790 )     (1,274 )
Change in fair value     (3,390 )    
—
      
—
      
—
      
—
      
—
       (3,390 )    
—
  
Transfer to Stage 1    
—
      
—
      
—
      
—
      
—
      
—
      
—
      
—
  
Transfer to Stage 2    
—
      
—
      
—
      
—
      
—
      
—
      
—
      
—
  
Transfer to Stage 3    
—
      
—
      
—
      
—
      
—
      
—
      
—
      
—
  
Impact on year-end ECL of exposures transferred between stages during the year **    
—
      
—
      
—
      
—
      
—
      
—
      
—
      
—
  
Impact of net re-measurement of year-end ECL    
—
      
—
      
—
      
—
      
—
      
—
      
—
      
—
  
Amounts written off    
—
      
—
      
—
      
—
      
—
      
—
      
—
      
—
  
Foreign exchange adjustments    
—
      
—
      
—
      
—
      
—
      
—
      
—
      
—
  
Balance as of December 31, 2024     2,088,345       4,226      
—
      
—
      
—
      
—
       2,088,345       4,226  

 

*Net change between assets purchased and assets derecognized.
**Represents the change in the year-end ECLs of exposures that were transferred from one stage to another during the year.
Schedule of Detail of Equity Instruments

As of December 31, 2024 and 2023, the detail of equity instruments is as follows:

 

   2024   2023 
   MCh$   MCh$ 
Equity instruments issued in Chile (*)   7,277    10,601 
Equity instruments issued by foreign institutions   2,215    1,311 
Total   9,492    11,912 
(*)On May 3, 2024, the subsidiary Banchile Corredores de Bolsa sold 546,278 shares of the entity. The fair value of the shares sold and the accumulated gain at the moment of disposal were Ch$2,294 and Ch$1,899 million, respectively. The result obtained has been recorded as a credit in equity accounts.
Schedule of Gross Realized Gains and Losses on the Sale of Debt Financial Instruments

Gross realized gains and losses on the sale of debt financial instruments, as of December 31, 2024, 2023 and 2022 are reported under “Net Financial income (expense)” (See Note No. 31). The realized gains and losses at the end of both periods are the following:

 

   2024   2023   2022 
   MCh$   MCh$   MCh$ 
Unrealized gains (losses)   3,386    4,352    (15,325)
Realized losses (gains) reclassified to income   (8,050)   4,522    63,401 
Subtotal   (4,664)   8,874    48,076 
Income tax on other comprehensive income   (710)   (1,806)   798 
Net effect in other comprehensive income   (5,374)   7,068    48,874