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. Its main competitors are Banco de Chile, Itaú Corpbanca and BCI.

It provides commercial and retail banking services to its customers, including Chilean peso and foreign currency denominated loans to finance commercial transactions, trade, foreign currency forward contracts and credit lines, and retail banking services, including mortgage financing. In addition to its traditional banking operations, the bank offers financial services, including financial leasing, financial advisory services, mutual fund management, securities brokerage, insurance brokerage and investment management.

Its 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.