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Banco de Chile (Chile)

Main Activities: Commercial Banking | Credit Card Issuing | Mortgage and Nonmortgage Loan Brokers
Full name: Banco de Chile Profile Updated: October 28, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English & Spanish Download a sample report

Since 1893 when it was founded, Banco de Chile has become one of the biggest competitors in the Chilean banking market. In the year 2002, it merged with the Banco Edwards (the second largest bank in the country at that point), positioning the Banco de Chile as the main competitor in the industry. In 2008, it was authorized to acquire the local subsidiary of Citibank. This company belongs to the Luksic Group, with interests in finance, mining, manufacturing, food and vineyards.

Headquarters
Agustinas 975, Oficina 541, Piso 5
Santiago; Metropolitana; Postal Code: 8320206

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Website: http://www.bancochile.cl

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
October 28, 1893
Key Executives
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President
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Vice President
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Vice President
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Director/Member of the Board
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Director/Member of the Board
Ownership Details
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28.306%
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12.016%
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6.512%
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3.405%
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3.127%
Subsidiaries
Banchile Administradora General De Fondos S.A.
99.98%
Banchile Asesoria Financiera S.A
99.96%
Banchile Corredores De Seguros Ltda.
99.83%
Company Performance
Financial values in the chart are available after Banco de Chile report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency CLP. Absolute financial data is included in the purchased report.
Net interest income
24.25%
Net fee and commission income
3.12%
Operating profit (EBIT)
4.93%
Net Profit (Loss) for the Period
3.87%
Total assets
-1.3%
Loans and advances to customers
4.24%
Total equity
9.58%
Total Assets Trend
-1.25%
Net Interest Income Trend
6.23%
Cost to Income Ratio
-3.1%
Loans to Deposits Ratio
6.57%
Loans to Asset Ratio
4.08%

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