Banco Santander-Chile

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Santander Chile Holding S.A.
Type Sociedad Anónima
Traded as BCS: BSANTANDER
NYSEBSAC
Industry Finance and Insurance
Founded 1937
Headquarters Santiago, Chile
Key people Mauricio Larraín, (CEO)
Products Banking
Revenue Decrease US$ 2.1 billion (2012)
Net income Decrease US$ 808.6 million (2012)
Total assets Increase US$ 51.6 billion (2013)
Employees 11,001
Parent Santander Group
Website www.santander.cl

Banco Santander-Chile is the largest bank in Chile by loans and deposits.[1] The bank has 504 branches network. It is a subsidiary of the Santander Group. The bank main competitors is Banco de Chile, Itaú Corpbanca and BCI.

It provides a range of commercial and retail banking services to its customers, including Chilean peso and foreign currency denominated loans to finance a variety of commercial transactions, trade, foreign currency forward contracts and credit lines, and a variety of retail banking services, including mortgage financing. In addition to its traditional banking operations, the Bank offers a variety of financial services, including financial leasing, financial advisory services, mutual fund management, securities brokerage, insurance brokerage and investment management. The Bank's clients are divided into three segments: Retail, Middle-Market, and Global Banking and Markets.

References[edit]

  1. ^ "Fitch Affirms Banco Santander Chile's IDR at 'A+'; Outlook Remains Negative". Manufacturing Close-Up  – via HighBeam Research (subscription required). 9 February 2013. Retrieved 28 August 2013.