Banks in Chile

Banco de Chile BancoEstado BBVA Chile Banco de Credito e Inversiones Corpbanca Santander Chile
Banco de Chile BancoEstado BBVA Chile BCI Corpbanca Santander Chile
  • ABN AMRO Chile – ABN AMRO commenced operations in Chile in 1990 under the name of ABN Tanner Bank. In 1995 it became ABN AMRO (Chile) SA.
  • Banco Central de Chile (BCCH) – BCCH was established on 21 August 1925 by Decree Law 486. The Bank is an autonomous organization of a technical nature, with full legal capacity. The Bank’s objective is to ensure stability of both the currency and the normal operations of domestic and foreign payments.
  • Banco de Chile – The largest Chilean bank in terms of current accounts, shareholders' equity and the second bank largest in terms of total loans.
  • BancoEstado – The third largest bank in the country with US$40.354 billion in total assets as of December 31, 2011. It is the only government-owned bank in Chile.
  • BBVA Chile – A part of Spanish financial group BBVA and one of the ten largest banks in the country with assets of over US$18.25 billion as of March 31, 2012.
  • BCI (Banco de Crédito e Inversiones) – The third largest private bank in terms of bank loans and fourth in number of clients, behind Banco Santander-Chile, Banco de Chile and the State BancoEstado.
  • Corpbanca (BCA) – BCA provides a broad array of financial services to personal and business customers through more than 100 branches nationwide.
  • HSBC Bank Chile, the Chilean banking unit of UK-based HSBC Group, has been present in the country since 1981. The Bank focuses on corporate banking and global treasury.
  • PreviRed – A private company owned by the Chilean pension funds, that supports the payment of social security contributions through the Internet.
  • Santander Chile – The largest bank in Chile by assets and shareholders’ equity. It operates more than 500 branches across the country and serves more than 2.4 million customers. The Bank employs over 11,000 people.
  • Scotiabank Chile (formerly Scotiabank Sud Americano) – The eighth largest bank in the country. It offers a broad range of corporate, commercial and retail banking services through a nationwide network of over 140 branches.

 See also:  SWIFT Codes for Chilean Banks

Top Banks in Chile

Bank Total assets (US$b, 6/2009)
1 Santander Chile 36.679
2 Banco de Chile 30.751
3 Banco Estado 29.131
4 Banco Central de Chile 29.037*
5 BCI (Banco de Credito Inversiones) 22.782
6 BBVA 13.003
7 CorpBanca 11.054
8 Scotiabank Chile 10.764
9 Banco Security 7.810
10 Itau Chile 5.705
11 Banco BICE 5.021
12 Deutsche bank 1.899
13 Falabella 1.787
14 HSBC Chile 1.753
15 RBS Chile 1.509
16 Banco Internacional 0.969
17 JP Morgan Chase 0.862
(source: Américaeconomía Intelligence;  *Dec. 2008)