| Schedule of Composition of Expected Credit Loss |
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 | |
|
| Schedule of Expense of Allowances Constituted for Credit Risk and Expected Credit Losses |
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 | |
|