NOTE 08
INTERBANK LOANS
| a) | As of December 31, 2017 and 2016, balances of “Interbank loans”are as follows: |
| As of December 31, | |||
| 2017 | 2016 | ||
| MCh$ | MCh$ | ||
| Domestic banks | |||
| Interbank loans | - | 23 | |
| Other domestic bank loans | - | 51 | |
| Foreign Interbank Loans | |||
| Interbank loans – Foreign | 162,685 | 272,733 | |
| Provisions and impairment for foreign bank loans | (472) | (4,135) | |
| Total | 162,213 | 268,672 | |
| b) | The amount in each period for provisions and impairment of interbank loans is shown below: |
| As of December 31, | |||||||
| 2017 | 2016 | ||||||
| Domestic banks | Foreign banks |
Total | Domestic banks | Foreign banks | Total | ||
| MCh$ | MCh$ | MCh$ | MCh$ | MCh$ | MCh$ | ||
| Balance as of January 1 | - | 4,135 | 4,135 | - | 1,166 | 1,166 | |
| Provisions established | 251 | 56 | 307 | 1 | 3,051 | 3,052 | |
| Provisions released | (251) | (3,719) | (3,970) | (1) | (82) | (83) | |
| Total | - | 472 | 472 | - | 4,135 | 4,135 | |