January 16, 2017 6:08 AM ET

Banks

Company Overview of Banco Santander-Chile

Company Overview

Banco Santander-Chile provides commercial and retail banking products and services in Chile. The company operates through Retail Banking, Middle-market, and Global Corporate Banking segments. The Retail Banking segment provides consumer, auto, commercial, and mortgage loans; credit and debit cards, and foreign exchange services; checking accounts, savings products, mutual funds, and stock and insurance brokerage to individuals and small to middle-sized entities (SMEs). This segment also provides government-guaranteed loans, leasing, and factoring products and services to SMEs. The Middle-market segment provides commercial and mortgage loans, leasing, factoring, foreign trade, credit cards, c...

Bandera 140

20th Floor

Santiago,  

Chile

Founded in 1977

Phone:

56 2 320 2000

Key Executives for Banco Santander-Chile

Banco Santander-Chile does not have any Key Executives recorded.

Banco Santander-Chile Key Developments

Banco Santander-Chile, Special/Extraordinary Shareholders Meeting, Jan 09, 2017

Banco Santander-Chile, Special/Extraordinary Shareholders Meeting, Jan 09, 2017, at 20:00 Coordinated Universal Time. Location: Bandera No. 140, floor 12 Santiago Chile Agenda: To consider modify the name or corporate name of the Bank, only with the purpose of eliminating the possibility of using the names Banco Santander Santiago or Santander Santiago; to decrease the number of Board of Directors from 11 to 9 members; to update the capital stock established in the bylaws (Article 5) in accordance with the revaluation of own capital produced between January 1, 2002 and December 31, 2008; to elimination of transitional statutory clauses that have already produced all their effects; to modify other aspects of the statutes in order to adapt them to the current legal standards; to consider the modifications of the previous numbers, approve an updated consolidated text of the Bank's by-laws; to report on the transactions referred to in Title XVI of Law 18,046, on Public Companies; and to adopt all other agreements and grant the powers necessary to comply with and implement the resolutions adopted at this meeting.

Banco Santander Chile Announces Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 30, 2016; Reports Impairment Charges for the Third Quarter of 2016

Banco Santander Chile announced unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2016. For the third quarter, the company reported net interest income of CLP 323,407 million, net fee and commission income of CLP 64,424 million, net operating profit before provision for loan losses of CLP 432,504 million, net operating profit of CLP 338,293 million, operating income of CLP 150,823 million, income before tax of CLP 151,899 million and net profit attributable to equity holders of the bank of CLP 121,979 million or CLP 0.647 per basic and diluted share against net interest income of CLP 331,383 million, net fee and commission income of CLP 64,745 million, net operating profit before provision for loan losses of CLP 437,039 million, net operating profit of CLP 334,420 million, operating income of CLP 148,274 million, income before tax of CLP 148,979 million and net profit attributable to equity holders of the bank of CLP 129,254 million or CLP 0.686 per basic and diluted share for the same period a year ago. For the nine months, the company reported net interest income of CLP 964,717 million, net fee and commission income of CLP 191,287 million, net operating profit before provision for loan losses of CLP 1,272,658 million, net operating profit of CLP 1,017,085 million, operating income of CLP 443,229 million, income before tax of CLP 445,477 million and net profit attributable to equity holders of the bank of CLP 363,718 million or CLP 1.930 per basic and diluted share against net interest income of CLP 936,535 million, net fee and commission income of CLP 178,480 million, net operating profit before provision for loan losses of CLP 1,238,033 million, net operating profit of CLP 974,596 million, operating income of CLP 441,402 million, income before tax of CLP 443,380 million and net profit attributable to equity holders of the bank of CLP 365,095 million or CLP 1.937 per basic and diluted share for the same period a year ago. Total cash flow used in operating activities was CLP 150,059 million against total cash flow provided by operating activities of CLP 103,627 million for the same period a year ago. Purchases of property, plant, and equipment was CLP 25,159 million against CLP 28,133 million for the same period a year ago. Purchases of intangible assets was CLP 20,607 million against CLP 15,440 million for the same period a year ago. For the quarter, the company reported impairment of property, plant, and equipment of CLP 10 million.

Banco Santander-Chile Presents at UBS Global Emerging Markets One-on-One Conference, Nov-29-2016

Banco Santander-Chile Presents at UBS Global Emerging Markets One-on-One Conference, Nov-29-2016 . Venue: InterContinental New York Times Square, 300 West 44th Street at 8th Avenue, New York, United States. Speakers: Raimundo Monge Zegers, Member of Asset & Liability Committee, Member of Strategy Committee and Member of Integral Risk Committee.

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