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Banco Santander Chile

From Simple English Wikipedia, the free encyclopedia

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.

Santander Chile Holding S.A.
Company typeSociedad Anónima
NYSEBSAC
IndustryFinance and Insurance
Founded1978
HeadquartersSantiago, Chile
Key people
Mauricio Larraín, (CEO)
ProductsBanking
RevenueIncrease US$ 4.1 billion (2017)
Increase US$ 871.1 million (2018)
Total assetsIncrease US$ 58.0 billion (2018)
Number of employees
11,001
ParentSantander Group
Websitewww.santander.cl

Currently, in the country, with 310 branches throughout the national territory, US$74.8 billion in assets and a net profit of US$923.2 million. It currently occupies position 4 in the ranking of Chilean companies. Its main competitors are Banco de Chile, Bci and Itaú. It is one of the companies with the best risk ratings in Latin America with an A1 rating from Moody's, and A- from Standard and Poor's. Likewise, in stock market matters, the bank is listed on the Santiago Stock Exchange and also on the New York Stock Exchange (NYSE).

References

[change | change source]
  1. "Fitch Affirms Banco Santander Chile's IDR at 'A+'; Outlook Remains Negative". Manufacturing Close-Up. 9 February 2013. Archived from the original on 24 September 2015. Retrieved 28 August 2013.