Expected Credit Losses

12 Months Ended

Dec. 31, 2025

39.	Expected credit losses:

(a)

The detail of this line item is as follows:

	2025			2024			2023
	MCh$			MCh$			MCh$

Expense of allowances established for credit risk		462,123			421,210			321,829
Expense of provisions for contingent loans		(290	)		(4,200	)		(53,875	)
Recovery of written-off loans		(71,383	)		(65,313	)		(63,256	)
Impairments for credit risk of other financial assets at amortized cost and financial assets at FVTOCI		4,412			1,009			(2,754	)
Total		394,862			352,706			201,944

(b)

Summary of the expense of allowances constituted for credit risk and expected credit losses:

	Expense of allowances constituted in the year
	Evaluation
As of December 31, 2025	Individual			Group		Total
	MCh$			MCh$		MCh$
Loans to Banks
Allowances established		—			—		—
Allowances released		(154	)		—		(154	)
Subtotal		(154	)		—		(154	)
Commercial loans
Allowances established		26,000			63,617		89,617
Allowances released		—			—		—
Subtotal		26,000			63,617		89,617
Residential mortgage loans
Allowances established		—			10,326		10,326
Allowances released		—			—		—
Subtotal		—			10,326		10,326
Consumer loans
Allowances established		—			362,334		362,334
Allowances released		—			—		—
Subtotal		—			362,334		362,334
Expense of allowances established for credit risk		25,846			436,277		462,123

Contingent loans
Loans to banks							—
Commercial loans							2,716
Consumer loans							(3,006	)
Expenses of provisions for contingent loans							(290	)

Impairments for credit risk from financial assets at fair value through other comprehensive income							4,412

Recovery of written-off loans
Loans to banks							—
Commercial loans							(18,127	)
Residential mortgage loans							(7,981	)
Consumer loans							(45,275	)
Subtotal							(71,383	)
Total Expected Credit Losses							394,862

	Expense of allowances constituted in the year
	Evaluation
As of December 31, 2024	Individual		Group		Total
	MCh$		MCh$		MCh$
Loans to Banks
Allowances established		559		—		559
Allowances released		—		—		—
Subtotal		559		—		559
Commercial loans
Allowances established		25,039		66,749		91,788
Allowances released		—		—		—
Subtotal		25,039		66,749		91,788
Residential mortgage loans
Allowances established		—		4,976		4,976
Allowances released		—		—		—
Subtotal		—		4,976		4,976
Consumer loans
Allowances established		—		323,887		323,887
Allowances released		—		—		—
Subtotal		—		323,887		323,887
Expense of allowances established for credit risk		25,598		395,612		421,210

Contingent loans
Loans to banks						—
Commercial loans						(5,258	)
Consumer loans						1,058
Expenses of provisions for contingent loans						(4,200	)

Impairments for credit risk from financial assets at fair value through other comprehensive income						1,009

Recovery of written-off loans
Loans to banks						—
Commercial loans						(19,752	)
Residential mortgage loans						(6,941	)
Consumer loans						(38,620	)
Subtotal						(65,313	)
Total Expected Credit Losses						352,706

	Expense of allowances constituted in the year
	Evaluation
As of December 31, 2023	Individual			Group			Total
	MCh$			MCh$			MCh$
Loans to Banks
Allowances established		—			—			—
Allowances released		(270	)		—			(270	)
Subtotal		(270	)		—			(270	)
Commercial loans
Allowances established		—			65,734			65,734
Allowances released		(28,145	)		—			(28,145	)
Subtotal		(28,145	)		65,734			37,589
Residential mortgage loans
Allowances established		—			(8,422	)		(8,422	)
Allowances released		—			—			—
Subtotal		—			(8,422	)		(8,422	)
Consumer loans
Allowances established		—			292,932			292,932
Allowances released		—			—			—
Subtotal		—			292,932			292,932
Expense of allowances established for credit risk		(28,415	)		350,244			321,829

Contingent loans
Loans to banks								—
Commercial loans								(15,670	)
Consumer loans								(38,205	)
Expenses of provisions for contingent loans								(53,875	)

Impairments for credit risk from financial assets at fair value through other comprehensive income								(2,754	)

Recovery of written-off loans
Loans to banks								—
Commercial loans								(19,660	)
Residential mortgage loans								(11,716	)
Consumer loans								(31,880	)
Subtotal								(63,256	)
Total Expected Credit Losses								201,944