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Banco de Chile (BCH)

74.36 Down 0.04(0.05%) Aug 21, 4:02PM EDT
|After Hours : 74.35 Down 0.01 (0.01%) Aug 21, 4:41PM EDT
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Banco de Chile
Paseo Ahumada 251
Chile - Map
Phone: 56 2 2637 1111

Index Membership:N/A
Industry:Foreign Regional Banks
Full Time Employees:N/A

Business Summary 

Banco de Chile provides traditional banking products and specialized financial services to large corporations, companies, and individuals in Chile. The company offers various deposit products, including current accounts, demand deposits, savings accounts, and time deposits. Its loan products portfolio comprises installment, residential mortgage, and non-residential mortgage loans; short- and long-term financing, working capital loans, project financing, long-term syndicated loans, and factoring; leasing contracts; foreign trade loans; and credit and debit cards, and lines of credit and other loans. The company also offers liquidity management services, debt instruments, foreign trade, derivative contracts, and leases, as well as corporate finance solutions; and capital market, cash management, and payment and collection services. It addition, it provides treasury and money market services, which include currency intermediation services, forward contracts, interest rate swaps, and transactions under repurchase agreements, as well as investment products based on bonds, mortgage finance bonds, and deposits. Further, the company offers securities brokerage, mutual and investment fund management, financial advisory and other investment banking services, insurance brokerage services, securitization services, and direct trade services. As of December 31, 2013, it delivered financial products and services through a distribution network of 430 branches and 1,804 ATMs. Banco de Chile was founded in 1893 and is headquartered in Santiago, Chile. Banco de Chile is a subsidiary of LQ Inversiones Financieras S.A.

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Key Executives 
Mr. Pablo Lavin Granifo , 55
Chairman, Pres, Member of Portfolio Committee, Member of Direction Committee, Member of Credit Committee, Member of Fin., International & Market Risk Committee, Member of Asset Laundering & Financing of Terrorism Prevention Committee and Member of Portfolio Risk Committee
Mr. Andronico Luksic Craig , 60
Vice Chairman and Vice-Pres
Mr. Jacob Ergas Ergas , 79
Advisor to the Board
Mr. Arturo Tagle Quiroz , 55
Chief Exec. Officer, Chairman of Operational Risk Exec. Committee, Member of Fin., International & Market Risk Committee, Member of Portfolio Committee, Member of Asset Laundering & Financing of Terrorism Prevention Committee, Member of Board Loan Committee, Member of Portfolio Risk Committee and Member of Direction Committee
Mr. Francisco Alberto Aristeguieta Silva , 58
Vice Chairman and Vice-Pres
Amounts are as of Dec 31, 2013 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc.Exercised is the value of options exercised during the fiscal year.
Currency in USD.