Banco de Chile
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/