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Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Disclosure of intangible assets [text block] [Abstract]    
Schedule of composition of intangible assets
      As of December 31, 2020
 

Average

remaining useful

life

Net opening balance as of

January 1, 2020

Gross balance Accumulated amortization Net balance
    MCh$ MCh$ MCh$ MCh$
           
Licenses - - 35,997 (35,997) -
Software development 2 73,389 248,537 (166,000) 82,537
           
Total   73,389 284,534 (201,997) 82,537
      As of December 31, 2019
 

Average

remaining useful

life

Net opening balance as of

January 1, 2019

Gross balance Accumulated amortization Net balance
    MCh$ MCh$ MCh$ MCh$
           
Licenses - 82 35,997 (35,997) -
Software development 2 66,841 214,005 (140,616) 73,389
           
Total   66,923 250,002 (176,613)

73,389

,

 
Schedule of changes in the value of intangible assets  

Gross balances

Licenses

Software

development

Total
  MCh$ MCh$ MCh$
       
Balances as of January 1, 2020 35,997 214,005 250,002
Acquisitions - 35,170 35,170
Disposals and impairment - (638) (638)
Other - - -
Balances as of December 31, 2020 35,997 248,537 284,534
       
Balances as of January 1, 2019 37,224 181,191 218,415
Acquisitions - 32,860 32,860
Disposals and impairment (1,227) - (1,227)
Other - (46) (46)
Balances as of December 31, 2019 35,997 214,005 250,002

Accumulated amortization

Licenses Software development Total
  MCh$ MCh$ MCh$
       
Balances as of January 1, 2020 (35,997) (140,616) (176,613)
Year’s amortization - (25,384) (25,384)
Other changes - - -
Balances as of December 31, 2020 (35,997) (166,000) 201,997
       
Balances as of January 1, 2019 (37,142) (114,350) (151,492)
Year’s amortization (82) (26,266) (26,348)
Other changes 1,227 - 1,227
Balances as of December 31, 2019 (35,997) (140,616) (176,613)