Chile’s Financial Market Commission (CMF) released its October 2025 Report on the Performance of the Banking System and Cooperatives, summarising activity, risk and results for supervised banks and savings and credit cooperatives. The report shows banking-system loan growth flattening as commercial lending fell, while cooperative lending expanded, led by consumer credit; bank credit-risk indicators rose slightly and profitability improved, and cooperatives recorded lower headline risk ratios and higher profitability. In the banking system, total loans increased 0.16% in real terms over 12 months to USD 291,679 million, with consumer loans rising for a sixth consecutive month and housing loans up slightly but at a slower pace than in September. Aggregate credit-risk indices moved marginally higher versus September, with the loan-loss provisions index at 2.56% (2.55% in September) and the 90+ days arrears ratio at 2.39% (2.38%), while the impaired portfolio ratio was unchanged at 5.99%; provisions coverage increased compared with both September and a year earlier. Cumulative profits rose to USD 466 million (6.61% real variation over 12 months), supported by lower tax expenses due to deferred-tax accounting adjustments and increases in net financial results and fee income, offsetting lower interest and readjustment margins, lifting ROAA to 1.37% and ROAE to 15.66%. Savings and credit cooperatives reported total loans of USD 3,665 million, up 6.7% in real terms over 12 months, driven mainly by the consumer portfolio (69.1% of operations) which grew 4.57% in real terms. Credit-risk indices fell versus September, including a decline in the provisions index to 4.12% (from 4.13%) and in the 90+ days arrears ratio to 2.07% (from 2.2%), while portfolio-level movements were mixed; monthly results improved on higher interest margins despite higher support expenses, with ROAA at 2.73% and ROAE at 13.16% and results of USD 6 million (12.66% real variation over 12 months).

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