Other Provisions

12 Months Ended

Dec. 31, 2023

Other Provisions [Abstract]

Other Provisions

24. Other provisions:

As of December 31, 2023 and 2022, this item is composed as follows: 

	2023		2022
	MCh$		MCh$
Provisions for obligations of customer loyalty and merit programs		36,242		33,609
Provisions for operational risk		1,514		2,838
Provisions for lawsuits and litigation		—		—
Other provisions for contingencies		264		264
Total		38,020		36,711

(a) The following table shows the changes in provisions during the year 2023 and 2022:

	Provisions for obligations of customer loyalty and merit programs			Provisions for operational risk			Provisions for lawsuits and litigation		Other provisions for contingencies		Total
	MCh$			MCh$			MCh$		MCh$		MCh$
Balances as of January 1, 2022		35,937			694			—		264		36,895
Provisions established		—			2,144			—		—		2,144
Provisions used		—			—			—		—		—
Provisions released		(2,328	)		—			—		—		(2,328	)
Balances as of December 31, 2022		33,609			2,838			—		264		36,711
Balances as of January 1, 2023		33,609			2,838			—		264		36,711
Provisions established		2,633			746			—		—		3,379
Provisions used		—			(1,592	)		—		—		(1,592	)
Provisions released		—			(478	)		—		—		(478	)
Balances as of December 31, 2023		36,242			1,514			—		264		38,020