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September 03, 2015 4:19 AM ET


Company Overview of Banco Security

Company Overview

Banco Security, together with its subsidiaries, provides banking services to medium and large enterprises, and high-income individuals in Chile. The company operates through Corporate Banking, Private Banking, Treasury, Subsidiaries, and Other Services segments. The Corporate Banking segment offers financial services to medium and large enterprises, including commercial credit in domestic currency and foreign currency, operating leases, and foreign trade services, as well as current account and investment services. The Private Banking segment provides services to high-income individuals, including credit lines, current accounts, consumer credits, mortgage loans, investment services, and othe...

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Key Executives for Banco Security

General Manager
Controller and Member of Audit Committee
Chief Economist
Chief Accountant
Legal Counsel and Member of Audit Committee
Compensation as of Fiscal Year 2015.

Banco Security Key Developments

Banco Security Announces Earnings Results for the First Half Year 2015

Banco Security announced earnings results for the first half year 2015. For the half year, net income fell 3.2% to CLP a32.1 billion.

Banco Security Reports Earnings Results for the Year 2014

Banco Security reported earnings results for the year 2014. For the year, the company's earnings jump 70.4% last year to CLP 55.9 billion on the back of the performance of its treasury, consumer and corporate banking operations.

Banco Security to Open Representative Office in Hong Kong

Banco Security will open a representative office in Hong Kong over the next few months after receiving approval from the Hong Kong Monetary Authority in September. The move marks the bank's first expansion outside of its home market and aims at strengthening its trade finance business. The new office will allow the company to advise clients who wish to carry out business in Asia, particularly in China.

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Recent Private Companies Transactions

July 10, 2015
Penta Corredores de Bolsa and Penta Administradora general de Fondos and Investment Banking Business

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