The Chile Financial Market Commission published its September 2025 report on the performance of supervised banks and savings and credit cooperatives, covering activity, credit risk and results. Banking system loans continued to expand in real terms over 12 months, while aggregate credit risk indicators moved in different directions month on month. In the banking system, total loans rose 2.19% in real terms over 12 months to USD 286,424 million, driven mainly by commercial lending, with consumer loans rising for a fifth consecutive month and housing loans slightly accelerating versus August. Aggregate risk measures were mixed versus the prior month: the 90+ days arrears ratio increased from 2.27% to 2.38%, the loan-loss provisions index edged down from 2.56% to 2.55%, and the impaired portfolio ratio slipped from 6.01% to 5.99%; AR90 increased across all portfolios, while provisions and impairment fell in commercial loans, rose in consumer loans, and were unchanged in housing loans. Profits increased to USD 464 million (5.17% real growth over 12 months), supported by lower taxes, higher fee income and a better net financial result, offsetting declines in interest and readjustment margins; ROAE fell to 15.48% while ROAA rose to 1.36%. For savings and credit cooperatives, loans increased 6.7% in real terms over 12 months to USD 3,551 million, led by the consumer portfolio (69.27% of operations) which grew 4.9%. Versus August, the provisions index rose from 4.10% to 4.13%, the impaired portfolio ratio fell from 8.19% to 8.12%, and AR90 was unchanged at 2.20%; profits rose to USD 8 million (14.08% real growth over 12 months), while ROAE declined to 13.22% and ROAA to 2.75%.

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