Banco Santander Chile is a subsidiary of the Santander Group, a Spanish multinational financial services company based in Madrid and Santander in Spain. By loans and deposits, it is the largest bank in Chile. With 504 branches networked all over the region, including 70 WorkCafe, and 1480 ATMs, it is also the largest private branch network in the country that serves more than four million retail, small business, and corporate clients.

Banco Santander Chile offers its customers commercial and retail banking services, including loans in Chilean pesos and foreign currencies to support business activities, trade, foreign currency forward contracts, and credit lines, as well as retail banking services such as home financing. The bank provides financial services in addition to standard banking activities, such as financial leasing, financial advice services, mutual fund management, securities brokerage, insurance brokerage, investment management, mobile and online banking, private banking, foreign exchange, money transfers, and more.

Banco Santander Chile reported total assets of CLP 75 trillion (US$77 billion) as of September 30, 2022, gross customer loans of CLP 39 trillion (US$40 billion), deposits of CLP 28 trillion (US$29 billion), and shareholders' equity of CLP 3.9 trillion. Santander Chile shares are listed on the Santiago Stock Exchange (Bolsa de Comercio de Santiago) and the New York Stock Exchange (NYSE), and the bank has a market value of $7.6 billion as of January 13, 2023.

Founded: 1978
Headquarters: Santiago, Chile

Website: https://banco.santander.cl/

Banco del Estado de Chile, also known as BancoEstado is a government-owned financial institution and was created in 1953 as the only Public Bank in Chile. This bank is the second-largest Chilean bank by total assets and one of the highest-rated banks in Latin America. It is also the largest issuer of debit cards in Chile and the second-largest mortgage lender in the country, with a market share of over 18%. Furthermore, through the accounts maintained by the General Treasury of the Republic of Chile, BancoEstado performs part of the Chilean government's financial activities. The bank has over 500 branches and 2,360 ATMs, complemented by private ATMs (Redbanc), 120 Express offices (former ServiEstado), and 35,900 CajaVecina point-of-sale units.

BancoEstado provides retail, corporate, investment, and private banking services to over 15 million clients in the region. The bank's offerings include savings and current accounts; consumer, student, and microfinance loans; mortgages, credit cards, insurance, assets and wealth management, treasury, brokerage and payment services, mobile and online solutions, and more.

According to Global Finance in 2012, Banco del Estado de Chile is The safest bank in Latin America. In 2015 it was ranked as the 48th-safest bank in the world (6th-safest in the Southern Hemisphere) in Global Finance's World's Safest Banks 2015 Issue. Banco De Chile's total assets for 2022 were US$ 60.62 billion.

Founded: 1953
Headquarters: Santiago, Chile

Website: https://www.bancoestado.cl/

Banco de Chile, headquartered in Santiago is a Chilean commercial bank and financial services company that provides a range of financial services to clients throughout the region. The bank is jointly controlled by the Chilean conglomerate Quiñenco group and US bank Citigroup since 2018, and now is the third largest bank in the country by assets. As of December 31, 2012, the bank has a national network of 434 branches, 1,915 ATMs, and other electronic channels of distribution. Outside of Chile, the bank has had a branch in New York City for over 20 years and has foreign branches in Miami, So Paulo, Buenos Aires, Mexico City, and Hong Kong.

Banco de Chile has 4 main divisions including BanChile Corredores de Bolsa, Banco CrediChile, Banco Edwards - Citi, and BanChile Seguros. The bank provides a wide array of financial products and services to corporations, large companies, SMEs, and individuals. It offers deposit and lending products, international and treasury banking, securities brokerage, mutual funds, investment management, insurance, and financial advisory services.

In 2017, Banco de Chile has a total of US$ 3.8 billion in revenue, US$ 888.4 million in Net income, and US$ 55.0 billion in total assets. Despite having some big controversies including the US money laundering and Pinochet funds, the bank stands strong as one of the largest and strongest financial services companies in Chile.

Founded: 1893
Headquarters: Santiago, Chile

Website: https://portales.bancochile.cl/

Banco de Credito e Inversiones, also called Banco BCI or BCI is the fourth largest bank in Chile by total assets. The bank was formed and is still owned by the Yarur family since 1937. BCI is a member of the multinational Confederation of Popular Banks (CIBP), a Brussels-based multinational organization that links together cooperative banks from throughout the world. The bank operates through approximately 260 local branches and 1,090 ATMs. Since 2013, it has had 26 more foreign branches in South Florida and Orlando after buying the City National Bank of Florida.

Banco de Crédito e Inversiones specializes in savings & deposits, securities brokerage, asset management, and insurance. The bank provides a wide array of retail, corporate, and investment banking services to its customers. It offers deposit and lending products, mortgages, credit cards, securities brokerage, asset management, factoring, leasing, SME banking, insurance products, mobile and online banking, foreign exchange, and other financial services.

BCI’s shares are traded in Bolsa de Comercio de Santiago, Bolsa Electrónica de Chile, and Bolsa de Valores de Valparaíso. Banco de Crédito e Inversiones has a total of US$ 3.1 billion in revenue and US$ 602.8 million in Net income as of 2017, and US$ 54.0 billion in total assets as of 2018.

Founded: 1937
Headquarters: Santiago, Chile

Website: https://www.bci.cl/

The last bank on this list is Scotiabank Chile, one of the largest financial institutions in Chile in terms of assets, loans, and deposits. The bank operates as a subsidiary in Chile of Scotiabank (also known as Canadian The Bank of Nova Scotia), a Canadian multinational banking and financial services company headquartered in Toronto, Ontario, as well as one of Canada's Big Five banks. At the moment, the bank has a network of approximately 130 branches and 270 ATMs from Arica to Punta Arenas. Especially, the bank has 8 pet-friendly branches, which proves the quality of its customer service.

Scotiabank Chile offers a full range of consumer, business, and corporate banking services. It provides savings and current accounts, personal and mortgage loans, SME lending, term deposits, microfinance loans, MasterCard and Visa credit cards; life, health, travel, and auto insurance, investment services, wealth management, mutual funds, international payments, mobile and online banking, foreign exchange and more.

Scotiabank Chile finalized the acquisition of Royal Bank of Scotland's corporate and commercial banking division in Chile in 2010. It purchased a controlling share in BBVA Chile in 2018. As of December 31, 2022, Scotiabank Chile reported US $57 billion in total assets. In the next few years, the banks are believed to grow faster and claim a higher position in Chile's banking sector.

Founded: 1944
Headquarters: Santiago, Chile

Website: https://www.scotiabankchile.cl/