Derivative Financial Instruments for Hedging Purposes (Tables)
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12 Months Ended |
Dec. 31, 2025 |
|---|
| Derivative Financial Instruments for Hedging Purposes [Abstract] |
|
| Schedule of Bank's Portfolio of Derivative Instruments |
As of December 31, 2025 and 2024, the Bank has the following
portfolio of financial derivative instruments for accounting hedging purposes:
| | |
Notional
amount of contract with final expiration date in | | |
| |
| | |
On
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 years and
up to 5 years | | |
Over
5 years | | |
Total | | |
Fair
value
Assets | |
| | |
2025 | | |
2024 | | |
2025 | | |
2024 | | |
2025 | | |
2024 | | |
2025 | | |
2024 | | |
2025 | | |
2024 | | |
2025 | | |
2024 | | |
2025 | | |
2024 | | |
2025 | | |
2024 | | |
2025 | | |
2024 | |
| | |
MCh$ | | |
MCh$ | | |
MCh$ | | |
MCh$ | | |
MCh$ | | |
MCh$ | | |
MCh$ | | |
MCh$ | | |
MCh$ | | |
MCh$ | | |
MCh$ | | |
MCh$ | | |
MCh$ | | |
MCh$ | | |
MCh$ | | |
MCh$ | | |
MCh$ | | |
MCh$ | |
| | |
| | |
| | |
| | |
| | |
| | |
| | |
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| Derivatives
held for fair value hedges | |
| — | | |
| — | | |
| — | | |
| — | | |
| — | | |
| — | | |
| — | | |
| — | | |
| — | | |
| — | | |
| — | | |
| — | | |
| — | | |
| — | | |
| — | | |
| — | | |
| — | | |
| — | |
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| | |
| Cash
flow hedge derivatives | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
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| | | |
| | | |
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| | | |
| | | |
| | |
| Interest
rate swap and cross currency swap | |
| — | | |
| — | | |
| — | | |
| — | | |
| — | | |
| — | | |
| — | | |
| 131,987 | | |
| 215,715 | | |
| 274,935 | | |
| — | | |
| 122,041 | | |
| 107,073 | | |
| 306,460 | | |
| 322,788 | | |
| 835,423 | | |
| 29,714 | | |
| 73,959 | |
| Total | |
| — | | |
| — | | |
| — | | |
| — | | |
| — | | |
| — | | |
| — | | |
| 131,987 | | |
| 215,715 | | |
| 274,935 | | |
| — | | |
| 122,041 | | |
| 107,073 | | |
| 306,460 | | |
| 322,788 | | |
| 835,423 | | |
| 29,714 | | |
| 73,959 | |
As of December 31, 2025 and 2024, the Bank has the following
debt portfolio of financial derivative instruments for accounting hedging purposes:
| | |
Notional
amount of contract with final expiration date in | | |
| |
| | |
On
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 years and
up to 5 years | | |
Over
5 years | | |
Total | | |
Fair
value
Liabilities | |
| | |
2025 | | |
2024 | | |
2025 | | |
2024 | | |
2025 | | |
2024 | | |
2025 | | |
2024 | | |
2025 | | |
2024 | | |
2025 | | |
2024 | | |
2025 | | |
2024 | | |
2025 | | |
2024 | | |
2025 | | |
2024 | |
| | |
MCh$ | | |
MCh$ | | |
MCh$ | | |
MCh$ | | |
MCh$ | | |
MCh$ | | |
MCh$ | | |
MCh$ | | |
MCh$ | | |
MCh$ | | |
MCh$ | | |
MCh$ | | |
MCh$ | | |
MCh$ | | |
MCh$ | | |
MCh$ | | |
MCh$ | | |
MCh$ | |
| | |
| | |
| | |
| | |
| | |
| | |
| | |
| | |
| | |
| | |
| | |
| | |
| | |
| | |
| | |
| | |
| | |
| | |
| |
| Derivatives
held for fair value hedges | |
| — | | |
| — | | |
| — | | |
| — | | |
| — | | |
| — | | |
| — | | |
| — | | |
| — | | |
| — | | |
| — | | |
| — | | |
| — | | |
| — | | |
| — | | |
| — | | |
| — | | |
| — | |
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| | |
| Cash flow
hedge derivatives | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | |
| Interest
rate swap and cross currency swap | |
| — | | |
| — | | |
| — | | |
| — | | |
| — | | |
| — | | |
| — | | |
| 134,806 | | |
| 230,019 | | |
| 34,060 | | |
| 254,545 | | |
| 132,265 | | |
| 1,350,496 | | |
| 875,618 | | |
| 1,835,060 | | |
| 1,176,749 | | |
| 297,817 | | |
| 141,040 | |
| Total | |
| — | | |
| — | | |
| — | | |
| — | | |
| — | | |
| — | | |
| — | | |
| 134,806 | | |
| 230,019 | | |
| 34,060 | | |
| 254,545 | | |
| 132,265 | | |
| 1,350,496 | | |
| 875,618 | | |
| 1,835,060 | | |
| 1,176,749 | | |
| 297,817 | | |
| 141,040 | |
|
| Schedule of Cash Flows of Borrowings From Banks and Bonds Issued Abroad |
Below are the cash flows of borrowings from banks and bonds
issued abroad objects of these hedges and the cash flows of the asset part of the derivative:
| | |
On
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 years and
up to 5 years | | |
Over
5 years | | |
Total | |
| | |
2025 | | |
2024 | | |
2025 | | |
2024 | | |
2025 | | |
2024 | | |
2025 | | |
2024 | | |
2025 | | |
2024 | | |
2025 | | |
2024 | | |
2025 | | |
2024 | | |
2025 | | |
2024 | |
| | |
MCh$ | | |
MCh$ | | |
MCh$ | | |
MCh$ | | |
MCh$ | | |
MCh$ | | |
MCh$ | | |
MCh$ | | |
MCh$ | | |
MCh$ | | |
MCh$ | | |
MCh$ | | |
MCh$ | | |
MCh$ | | |
MCh$ | | |
MCh$ | |
| Hedged
item | |
| | |
| | |
| | |
| | |
| | |
| | |
| | |
| | |
| | |
| | |
| | |
| | |
| | |
| | |
| | |
| |
| Outflows: | |
| | |
| | |
| | |
| | |
| | |
| | |
| | |
| | |
| | |
| | |
| | |
| | |
| | |
| | |
| | |
| |
| Corporate
Bond | |
| — | | |
| — | | |
| (1,017 | ) | |
| (472 | ) | |
| (9,291 | ) | |
| (7,576 | ) | |
| (52,425 | ) | |
| (213,764 | ) | |
| (572,565 | ) | |
| (444,033 | ) | |
| (297,431 | ) | |
| (357,141 | ) | |
| (1,437,654 | ) | |
| (1,297,164 | ) | |
| (2,370,383 | ) | |
| (2,320,150 | ) |
| Obligation
USD | |
| — | | |
| — | | |
| — | | |
| — | | |
| — | | |
| — | | |
| — | | |
| (104,466 | ) | |
| — | | |
| — | | |
| — | | |
| — | | |
| — | | |
| — | | |
| — | | |
| (104,466 | ) |
| | |
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| Hedging
instrument | |
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| | | |
| | | |
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| Inflows: | |
| | | |
| | | |
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| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | |
| Cross
Currency Swap | |
| — | | |
| — | | |
| 1,017 | | |
| 472 | | |
| 9,291 | | |
| 7,576 | | |
| 52,425 | | |
| 318,230 | | |
| 572,565 | | |
| 444,033 | | |
| 297,431 | | |
| 357,141 | | |
| 1,437,654 | | |
| 1,297,164 | | |
| 2,370,383 | | |
| 2,424,616 | |
| Net
cash flows | |
| — | | |
| — | | |
| — | | |
| — | | |
| — | | |
| — | | |
| — | | |
| — | | |
| — | | |
| — | | |
| — | | |
| — | | |
| — | | |
| — | | |
| — | | |
| — | |
|
| Schedule of Cash Flows of the Underlying Assets Portfolio and the Cash Flow of the Liability |
Below are the cash flows of the underlying assets portfolio
and the cash flow of the liability part of the derivatives:
| | |
On
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 years and
up to 5 years | | |
Over
5 years | | |
Total | |
| | |
2025 | | |
2024 | | |
2025 | | |
2024 | | |
2025 | | |
2024 | | |
2025 | | |
2024 | | |
2025 | | |
2024 | | |
2025 | | |
2024 | | |
2025 | | |
2024 | | |
2025 | | |
2024 | |
| | |
MCh$ | | |
MCh$ | | |
MCh$ | | |
MCh$ | | |
MCh$ | | |
MCh$ | | |
MCh$ | | |
MCh$ | | |
MCh$ | | |
MCh$ | | |
MCh$ | | |
MCh$ | | |
MCh$ | | |
MCh$ | | |
MCh$ | | |
MCh$ | |
| Hedged
item | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | |
| Inflows: | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | |
| Cash
flows in CLF | |
| — | | |
| — | | |
| 2,270 | | |
| 1,588 | | |
| 2,881 | | |
| 2,804 | | |
| 41,030 | | |
| 306,543 | | |
| 527,973 | | |
| 377,477 | | |
| 320,395 | | |
| 304,794 | | |
| 1,549,936 | | |
| 1,280,412 | | |
| 2,444,485 | | |
| 2,273,618 | |
| | |
| | | |
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| | | |
| | | |
| | |
| Hedging
instrument | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | |
| Outflows: | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | |
| Cross
Currency Swap | |
| — | | |
| — | | |
| (2,270 | ) | |
| (1,588 | ) | |
| (2,881 | ) | |
| (2,804 | ) | |
| (41,030 | ) | |
| (306,543 | ) | |
| (527,973 | ) | |
| (377,477 | ) | |
| (320,395 | ) | |
| (304,794 | ) | |
| (1,549,936 | ) | |
| (1,280,412 | ) | |
| (2,444,485 | ) | |
| (2,273,618 | ) |
| Net
cash flows | |
| — | | |
| — | | |
| — | | |
| — | | |
| — | | |
| — | | |
| — | | |
| — | | |
| — | | |
| — | | |
| — | | |
| — | | |
| — | | |
| — | | |
| — | | |
| — | |
|