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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  • EDGAR Dashboard: https://edgardashboard.xbrlcloud.com/edgar-dashboard/?cik=0001161125
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  • ifrs-full:DescriptionOfAccountingPolicyForSegmentReportingExplanatory

    (af)   Segment reporting:

     

    The Bank’s operating segments are defined based on its different business units, considering the following factors:

     

    (i)   That it develops business activities from which income is obtained and expenses are incurred (including income and expenses relating to transactions with other components of the same entity);

     

    (ii)   That its operating results are reviewed regularly by the entity’s highest decision-making authority for operating decisions, to determine resource allocation for the segment and evaluate its performance; and

     

    (iii)   That separate financial information is available.