• aumento capital
  • Our Vision
  • International Presence

Banco de Chile Viewpoint

Arturo Tagle (CEO): ‘We have started 2013 with positive results. Beyond a net income that amounted to Ch$121 billion and affirms our leadership in income-generating capacity, we attained significant achievements in this quarter. On the one hand we completed the capital increase undertaken by the end of 2012, which enabled us to raise gross proceeds of Ch$253 billion. As we have said, this capital enhancement will allow us to sustainably deal with our growth opportunities by maintaining the prudent approach that has characterized our way of doing business. On the other hand, the 1Q13 has not been a friendly quarter for local banks in terms of inflation. However, a well-defined business strategy has enabled us to overcome this scenario by focusing our growth on more profitable segments and keeping an upward trend in core operating revenues. Besides, this strategy allowed us to end the 1Q13 as market leader in total loans by holding a 19.1%* market share without deteriorating our risk-return relationship, which demonstrates that a comprehensive strategy is able to bring about profitable growth. That is our aim.’

Quick Facts

Established in 1893

A leading Chilean financial institution

Strongest market recognition amongst Chilean Banks

Second largest bank in terms of total loans

Largest bank in terms of current accounts

Solid tier I & II capital adequacy ratios