Scotiabank Chile

Scotiabank Chile

Scotiabank Chile (formerly Scotiabank Sud Americano, SSA) was created by a group of prominent Chilean businessmen in 1944 under the name Banco Sud Americano. The company provides a full range of retail and commercial banking services with focus on the commercial and corporate sectors and international trade. It offers deposit products, consumer and business loans, mortgages, credit and debit cards, insurance products, foreign exchange, mutual funds, factoring, leasing, cash management, wealth management, financial advisory services, internet banking and more. With over 3,800 employees, Scotiabank Chile operates a network of more than 130 branches and 190 ATMs across the country. About half of the branches are located in and around Santiago. In September 2010, the Bank announced its agreement to acquire the Royal Bank of Scotland’s corporate and commercial banking operations in Chile. As of March 31, 2016, Scotiabank Chile had total assets of CLP 11.050 trillion (US$16.6 billion).

 Financials

Total assets CLP 10.800 trillion (2015)
Revenue CLP 281.328 billion (2014)
Net Profit CLP 76.407 billion (2015)
Total Equity CLP 776.381 billion (2015)
Market cap CLP 646 billion (May 6, 2016)
Company size 3,800 employees

Scotiabank Chile Subsidiaries:

Scotia Corredores de Bolsa SA
Scotia Administradora General de Fondos Chile
Scotia Sud Americano Asesorias Financieras Ltda
Scotia Corredores de Seguros Chile Ltda
Centro de Recuperacion y Cobranza Limitada

Head office address:
Morande 226
Santiago, Chile
Phone: +56 2 692 6000
Fax: +56 2 692 6065
Website: www.scotiabank.cl