v3.25.4
Summary of Significant Accounting Policies (Tables)
 12 Months Ended
Dec. 31, 2025
Summary of Significant Accounting Policies [Abstract]  
Schedule of Subsidiaries Entities controlled by the Bank through participation in equity
Percent ownership share
As of December 31,
Name of the SubsidiaryMain ActivityPlace of incorporation and operation202520242023
DirectIndirectTotalDirectIndirectTotalDirectIndirectTotal
%%%%%%%%%
Santander Corredora de Seguros LimitadaInsurance brokerageSantiago, Chile99.75 0.01 99.76 99.75 0.01 99.76 99.75 0.01 99.76 
Santander Corredores de Bolsa LimitadaFinancial instruments brokerageSantiago, Chile50.59 0.41 51.00 50.59 0.41 51.00 50.59 0.41 51.00 
Santander Asesorias Financieras LimitadaSecurities brokerageSantiago, Chile99.03 - 99.03 99.03 - 99.03 99.03 - 99.03 
Santander S.A. Sociedad SecuritizadoraPurchase of credits and issuance of debt instrumentsSantiago, Chile99.64 - 99.64 99.64 - 99.64 99.64 - 99.64 
Klare Corredora de Seguros S.A.Insurance brokerageSantiago, Chile- - - - - - 50.10 - 50.10 
Santander Consumer Chile S.A.FinancingSantiago, Chile51.00 - 51.00 51.00 - 51.00 51.00 - 51.00 
Sociedad operadora de Tarjetas de Pago Santander Getnet Chile S.A.Card operatorSantiago, Chile99.99 0.01 100.00 99.99 0.01 100.00 99.99 0.01 100.00 
Schedule of Associates
The following companies are considered “Associates” in which the Bank accounts for its participation using the equity method:
Percentage of ownership share
AssociatesMain activityPlace of incorporation and operationsAs of December 31,
202520242023
%%%
Redbanc S.A.ATM servicesSantiago, Chile33.43 33.43 33.43 
Transbank S.A.Debit and credit card servicesSantiago, Chile25.00 25.00 25.00 
Centro de Compensación Automatizado S.A.Electronic fund transfer and compensation servicesSantiago, Chile33.33 33.33 33.33 
Sociedad Interbancaria de Depósito de Valores S.A.Delivery of securities on public offerSantiago, Chile29.29 29.29 29.29 
Cámara Compensación de Pagos de Alto Valor S.A.Payments clearingSantiago, Chile13.72 13.72 15.00 
Administrador Financiero del Transantiago S.A.Administration of boarding passes for public transportationSantiago, Chile20.00 20.00 20.00 
Servicios de Infraestructura de Mercado OTC S.A.Administration of the infrastructure for the financial market of derivative instrumentsSantiago, Chile12.48 12.48 12.48 
Schedule of Useful Lives for Tangible Assets
The Bank applies the following useful lives for the tangible assets that comprise its assets:
ITEMUseful life
(Months)
Land– 
Paintings and works of art– 
Carpets and curtains36 months
Computers and hardware36 months
Vehicles36 months
IT systems and software36 months
Machines and general equipment60 months
Office furniture60 months
Telephone and communication systems60 months
Security systems60 months
Rights over telephone lines64 months
Air conditioning systems84 months
ATMs and teleconsultations120 months
Other installations120 months
Buildings1200 months
As of December 31, 2025 and 2024, the composition of property, plant, and equipment balances is as follows:
 As of December 31, 2025
 Net opening balance as of January 1, 2025Gross balanceAccumulated depreciationNet balance
 MCh$MCh$MCh$MCh$
Buildings142,114 291,710 (173,904)117,806 
Land14,020 11,343 - 11,343 
Equipment71,155 375,982 (324,408)51,574 
Other24,557 134,950 (73,151)61,799 
Total251,846 813,985 (571,463)242,522 
 As of December 31, 2024
 Net opening balance as of January 1, 2024Gross balanceAccumulated depreciationNet balance
 MCh$MCh$MCh$MCh$
Buildings145,618 327,607 (185,493)142,114 
Land14,631 14,020 - 14,020 
Equipment67,751 371,128 (299,973)71,155 
Other23,823 100,972 (76,415)24,557 
Total251,823 813,727 (561,881)251,846 
Schedule of Loan and Accounts Receivable Write-Offs
Loan and accounts receivable write-offs are recorded for overdue and current installments based on the time periods expired since reaching overdue status, as described below:
Type of loanTerm
Consumer loans with or without collateral6 months
Other transactions without collateral24 months
Commercial loans with collateral36 months
Mortgage loans48 months
Consumer leasing6 months
Other non-mortgage leasing transactions12 months
Mortgage leasing (household and business)36 months