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Risk Management (Details) - Schedule of breakdown of bank's liquid assets by levels - CLP ($)
$ in Millions
Dec. 31, 2020
Dec. 31, 2019
Balance as of:    
Cash and cash equivalent $ 988,320 $ 1,305,534
Level 1 liquid assets [1] 2,490,810 2,452,599
Level 2 liquid assets [2] 12,681 15,105
Total liquid assets $ 3,491,811 $ 3,773,238
[1] Includes instruments issued by the Central Bank of Chile or other central banks with a AAA rating, instruments issued by the Chilean government or other sovereign with a AAA rating and instruments issued by development banks with a AAA rating. Assets encumbered through repurchase agreements are deducted from the liquidity portfolio including those left as collateral under the FCIC funding program with the Central Bank of Chile.
[2] Includes instruments issued by governments, central banks and development banks of foreign countries with a risk rating of A- to AA+ and mortgage bonds issued by Chilean banks that are acceptable at the Chilean Central Bank’s repo window.