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Consolidated Statements of Income - CLP ($)
$ in Millions
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
OPERATING INCOME      
Interest income and inflation $ 4,086,656 $ 2,904,520 $ 2,215,980
Interest expense and inflation (2,516,544) (1,109,746) (638,479)
Net interest income 1,570,112 1,794,774 1,577,501
Fee and commission income 729,063 595,181 467,509
Fee and commission expense (321,794) (245,853) (183,884)
Net fee and commission income 407,269 349,328 283,625
NET OPERATING INCOME BEFORE INCOME TAX 901,106 1,074,092 695,263
Income tax expense (93,624) (221,664) (142,533)
Result of continuing operations 807,482 852,428 552,730
Result of discontinued operations
NET INCOME FOR THE YEAR 807,482 852,428 552,730
Attributable to:      
Shareholders of the Bank 792,276 842,467 547,614
Non-controlling interest $ 15,206 $ 9,961 $ 5,116
Earnings per share from continued operations attributable to shareholders of the Bank:      
Basic earnings (in Pesos per share) $ 4.204 $ 4.471 $ 2.906
Diluted earnings (in Pesos per share) 4.204 4.471 2.906
Earnings per share attributable to shareholders of the Bank:      
Basic earnings (in Pesos per share) 4.204 4.471 2.906
Diluted earnings (in Pesos per share) $ 4.204 $ 4.471 $ 2.906
Net income/(expense) from financial assets and liabilities for trading $ 78,191 $ (28,602) $ 43,246
Net income from derecognising financial assets and liabilities at amortised cost and financial assets at fair value through other comprehensive income (1,628) 22,199 47,554
Net income from exchange, adjustment and hedge accounting of foreign exchange 140,615 125,431 58,997
Net income from financial operations 217,178 119,028 149,797
Income from investments in associates and other companies 10,310 (475) 1,388
Net income from non-current assets and groups available for sale not admissible as discontinued operations 8,518 2,297 2,326
Other operating income 5,539 1,662 861
TOTAL OPERATING INCOME 2,218,926 2,266,614 2,015,498
Personnel salaries and expenses (414,808) (397,675) (408,670)
Administrative expenses (310,219) (280,134) (250,450)
Depreciation and amortisation (129,993) (122,055) (109,426)
Impairment of property, plant, and equipment     (638)
Other operating expenses (106,306) (101,430) (73,290)
TOTAL OPERATING EXPENSES (961,326) (901,294) (842,474)
NET OPERATING INCOME BEFORE CREDIT LOSSES 1,257,600 1,365,320 1,173,024
Provisions for loan losses for interbank loans and account receivable from customers (441,396) (355,638) (546,873)
Provisions for loan losses for contingent loans and others (5,189) (12,254) (4,503)
Recovery of loans previously charged-off 90,577 76,999 74,926
Provision for loan losses for other financial assets at amortised cost and financial assets at fair value through OCI (486) (335) (1,311)
Provision for loan losses $ (356,494) $ (291,228) $ (477,761)