BANK OF CHILE | CIK:0001161125 | 3

  • Filed: 4/27/2018
  • Entity registrant name: BANK OF CHILE (CIK: 0001161125)
  • Generator: Merrill
  • SEC filing page: http://www.sec.gov/Archives/edgar/data/1161125/000110465918027756/0001104659-18-027756-index.htm
  • XBRL Instance: http://www.sec.gov/Archives/edgar/data/1161125/000110465918027756/bch-20171231.xml
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  • ifrs-full:DisclosureOfLoansAndAdvancesToBanksExplanatory

    10.   Loans and Advance to Banks, net:

     

    (a)   As of December 31, 2016 and 2017, these amounts are detailed as follows:

     

     

     

     

    2016

     

    2017

     

     

     

    MCh$

     

    MCh$

     

    Domestic Banks

     

     

     

     

     

    Interbank loans

     

    208,403

     

    120,017

     

    Other credits with domestic banks

     

     

     

    Provisions for loans to domestic banks

     

    (49

    )

    (19

    )

     

     

     

     

     

     

    Subtotal

     

    208,354

     

    119,998

     

     

     

     

     

     

     

    Foreign Banks

     

     

     

     

     

    Loans to foreign banks

     

    129,904

     

    187,006

     

    Credits with third countries

     

    77,049

     

    61,091

     

    Chilean export trade banks

     

    57,749

     

    41,255

     

    Provisions for loans to foreign banks

     

    (210

    )

    (245

    )

     

     

     

     

     

     

    Subtotal

     

    264,492

     

    289,107

     

     

     

     

     

     

     

    Central Bank of Chile

     

     

     

     

     

    Central Bank deposits

     

    700,000

     

    350,000

     

    Other Central Bank credits

     

    341

     

    916

     

     

     

     

     

     

     

    Subtotal

     

    700,341

     

    350,916

     

     

     

     

     

     

     

    Total

     

    1,173,187

     

    760,021

     

     

     

     

     

     

     

     

    (b)   Provisions for loans to banks are detailed below:

     

     

     

    Bank’s Location

     

     

     

     

     

    Chile

     

    Abroad

     

    Total

     

    Detail

     

    MCh$

     

    MCh$

     

    MCh$

     

    Balance as of January 1, 2016

     

    36

     

    317

     

    353

     

    Charge-offs

     

     

     

     

    Provisions established (released), net

     

    13

     

    (107

    )

    (94

    )

     

     

     

     

     

     

     

     

    Balance as of December 31, 2016

     

    49

     

    210

     

    259

     

    Charge-offs

     

     

     

     

    Provisions established (released), net

     

    (30

    )

    35

     

    5

     

     

     

     

     

     

     

     

     

    Balance as of December 31, 2017

     

    19

     

    245

     

    264