| Schedule of Intangible Assets |
As of December 31, 2025 and 2024 intangible assets are detailed as follows: | | | Useful Life | | | Average remaining amortization period | | | Gross balance | | | Accumulated Amortization | | | Net balance | | | | | 2025 | | | 2024 | | | 2025 | | | 2024 | | | 2025 | | | 2024 | | | 2025 | | | 2024 | | | 2025 | | | 2024 | | | | | Years | | | Years | | | Years | | | Years | | | MCh$ | | | MCh$ | | | MCh$ | | | MCh$ | | | MCh$ | | | MCh$ | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Other Intangible Assets: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Goodwill | | | — | | | | — | | | | — | | | | — | | | | 16,714 | | | | 16,714 | | | | — | | | | — | | | | 16,714 | | | | 16,714 | | | Intangible assets arising from business combinations | | | — | | | | — | | | | — | | | | — | | | | 56,249 | | | | 56,249 | | | | (39,553 | ) | | | (39,553 | ) | | | 16,696 | | | | 16,696 | | | Software or computer programs | | | 6 | | | | 6 | | | | 4 | | | | 4 | | | | 433,569 | | | | 379,572 | | | | (258,991 | ) | | | (221,016 | ) | | | 174,578 | | | | 158,556 | | | Total | | | | | | | | | | | | | | | | | | | 506,532 | | | | 452,535 | | | | (298,544 | ) | | | (260,569 | ) | | | 207,988 | | | | 191,966 | |
|
| Schedule of Changes in Intangible Assets |
Changes in intangible assets during the year 2025 and 2024 are as follows:
| | |
Goodwill (1) | | |
Intangible assets
arising from
business
combinations (2) | | |
Software or computer programs | | |
Total | |
| | |
MCh$ | | |
MCh$ | | |
MCh$ | | |
MCh$ | |
| Gross Balance | |
| | |
| | |
| | |
| |
| Balance as of January 1, 2025 | |
| 16,714 | | |
| 56,249 | | |
| 379,572 | | |
| 452,535 | |
| Acquisitions | |
| — | | |
| — | | |
| 58,597 | | |
| 58,597 | |
| Disposals/write-downs | |
| — | | |
| — | | |
| (9,474 | ) | |
| (9,474 | ) |
| Transfers | |
| — | | |
| — | | |
| 5,567 | | |
| 5,567 | |
| Impairment (*) | |
| — | | |
| — | | |
| (693 | ) | |
| (693 | ) |
| Total | |
| 16,714 | | |
| 56,249 | | |
| 433,569 | | |
| 506,532 | |
| | |
| | | |
| | | |
| | | |
| | |
| Accumulated Amortization | |
| | | |
| | | |
| | | |
| | |
| Balance as of January 1, 2025 | |
| — | | |
| (39,553 | ) | |
| (221,016 | ) | |
| (260,569 | ) |
| Amortization for the year (**) | |
| — | | |
| — | | |
| (41,453 | ) | |
| (41,453 | ) |
| Disposals/write-downs | |
| — | | |
| — | | |
| 8,304 | | |
| 8,304 | |
| Transfers | |
| — | | |
| — | | |
| (5,055 | ) | |
| (5,055 | ) |
| Impairment (*) | |
| — | | |
| — | | |
| 229 | | |
| 229 | |
| Total | |
| — | | |
| (39,553 | ) | |
| (258,991 | ) | |
| (298,544 | ) |
| Balance as of December 31, 2025 | |
| 16,714 | | |
| 16,696 | | |
| 174,578 | | |
| 207,988 | |
| | |
Goodwill (1) | | |
Intangible assets arising from business combinations (2) | | |
Software or computer programs | | |
Total | |
| | |
MCh$ | | |
MCh$ | | |
MCh$ | | |
MCh$ | |
| Gross Balance | |
| | |
| | |
| | |
| |
| Balance as of January 1, 2024 | |
| 16,714 | | |
| 56,249 | | |
| 322,174 | | |
| 395,137 | |
| Acquisitions | |
| — | | |
| — | | |
| 57,617 | | |
| 57,617 | |
| Disposals/write-downs | |
| — | | |
| — | | |
| (219 | ) | |
| (219 | ) |
| Reclassification | |
| — | | |
| — | | |
| — | | |
| — | |
| Impairment (*) | |
| — | | |
| — | | |
| — | | |
| — | |
| Total | |
| 16,714 | | |
| 56,249 | | |
| 379,572 | | |
| 452,535 | |
| | |
| | | |
| | | |
| | | |
| | |
| Accumulated Amortization | |
| | | |
| | | |
| | | |
| | |
| Balance as of January 1, 2024 | |
| — | | |
| (39,553 | ) | |
| (184,970 | ) | |
| (224,523 | ) |
| Amortization for the year (**) | |
| — | | |
| — | | |
| (36,265 | ) | |
| (36,265 | ) |
| Disposals/write-downs | |
| — | | |
| — | | |
| 219 | | |
| 219 | |
| Reclassification | |
| — | | |
| — | | |
| — | | |
| — | |
| Impairment (*) | |
| — | | |
| — | | |
| — | | |
| — | |
| Total | |
| — | | |
| (39,553 | ) | |
| (221,016 | ) | |
| (260,569 | ) |
| Balance as of December 31, 2024 | |
| 16,714 | | |
| 16,696 | | |
| 158,556 | | |
| 191,966 | |
| (1) | Goodwill corresponds mainly to business combination with Citibank Chile whose amount is of MCh$12,576
that represents the value of synergies to be generated in the combination process and the acquisition of know-how. |
| (2) | Intangible assets arising from business combinations include assets with indefinite useful lives acquired
in the business combination with Citibank Chile. |
| (*) | See Note No. 38 Impairment of non-financial assets. |
| (**) | See Note No. 37 Depreciation and Amortization. |
|
| Schedule of Goodwill Allocated to Individual Business Segments |
Accordingly, for goodwill impairment
testing purposes, goodwill acquired through business combinations has been allocated to four individual business segments, as follows:
| Business Segments | |
2025 | | |
2024 | |
| | |
MCh$ | | |
MCh$ | |
| Retail Banking | |
| 5,928 | | |
| 5,928 | |
| Wholesale Banking | |
| 2,135 | | |
| 2,135 | |
| Treasury | |
| 4,513 | | |
| 4,513 | |
| Subsidiaries | |
| 4,138 | | |
| 4,138 | |
| Total | |
| 16,714 | | |
| 16,714 | |
|