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Banco Itau Chile (Chile)

Main Activities: Commercial Banking | Investment Banking and Securities Dealing | Securities Brokerage
Full name: Banco Itau Chile Profile Updated: October 30, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English & Spanish Download a sample report

Banco Itaú Chile is a Chilean banking company that is a subsidiary of the Brazilian banking group Itaú. In 2016, it merged with Corpbanca to form Itaú Corpbanca. The current ownership structure of Banco Itaú Chile is as follows: 38.14% owned by Itaú Unibanco, 28.57% owned by the Saieh Family, and 33.29% owned by minority shareholders. Itaú Unibanco is the sole controlling shareholder of the merged bank. Itaú Unibanco and CorpGroup have also signed a shareholders' agreement regarding corporate governance, dividend policy, share transfers, liquidity, and other matters.

Headquarters
5537 Ave. Presidente Riesco
Las Condes; Metropolitana;

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Website: https://ir.itau.cl/

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
1871
Key Executives
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President
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Vice President
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Director/Member of the Board
Ownership Details
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Subsidiaries
Itau Corpbanca New York Branch (United States)
100%
Itau Administradora General De Fondos S.A.
99.994%
Corplegal S.A,.
99.99%
Company Performance
Financial values in the chart are available after Banco Itau 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
7.4%
Net fee and commission income
-35.09%
Operating profit (EBIT)
51.21%
Net Profit (Loss) for the Period
-8.74%
Total assets
7.58%
Loans and advances to customers
8.94%
Total equity
8.94%
Total Assets Trend
6.97%
Net Interest Income Trend
-9.73%
Cost to Income Ratio
7.62%
Loans to Deposits Ratio
1.17%
Loans to Asset Ratio
0.84%

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