The Chile Financial Market Commission published its Performance of the Banking System and Cooperatives report as of November 2025, setting out activity, risk and results indicators for supervised banks and savings and credit cooperatives. The banking system’s loan book ended its upward trend, with total loans down 0.02% in real terms over 12 months, driven by a contraction in commercial lending while consumer loans rose for a seventh consecutive month and housing loans increased slightly but at a slower pace than in October. For banks, aggregate credit risk indices rose marginally versus October, with the loan-loss provisions index at 2.59% (2.56% in October) and the impaired portfolio ratio at 6.02% (5.99%), while the 90+ days arrears ratio eased to 2.37% (2.39%). Cumulative profits were USD 328 million (2.41% real growth over 12 months), supported by lower tax expenses linked to accounting adjustments shifting part of taxes to future periods, alongside stronger net financial results and fee income that offset weaker interest and readjustment margins; ROAA increased to 1.32% while ROAE fell to 15.06%. For savings and credit cooperatives, total loans were USD 3,741 million, up 7.04% in real terms over 12 months, led by the consumer portfolio (68.97% of operations), which expanded 4.97%. Most credit risk indices declined versus October, with the provisions index at 4.04% (4.12%) and the impaired portfolio ratio at 7.95% (8.1%), while the 90+ days arrears ratio increased to 2.14% (2.07%). Cumulative results reached USD 11 million (5.98% real growth over 12 months), with higher interest margins partly offset by higher support expenses; profitability indicators declined to ROAA of 2.61% and ROAE of 12.58%.
Chile Financial Market Commission 2025-12-30
Chile Financial Market Commission publishes November 2025 performance report showing banking loan growth turns slightly negative and risk metrics edge up
The Chile Financial Market Commission's report on the banking system and cooperatives as of November 2025 highlights a 0.02% real-term decline in total bank loans over 12 months, driven by reduced commercial lending despite rising consumer and housing loans. Banks saw marginal increases in credit risk indices and a 2.41% real growth in cumulative profits, while savings and credit cooperatives experienced a 7.04% real-term loan growth, primarily in consumer loans, with mixed credit risk trends and a 5.98% rise in results.