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CorpBanca S.A. (BCA)On Nov 20: 33.7501   0.00 (0.00%)  
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CorpBanca S.A.
Rosario Norte 660
7th Floor
Santiago,  
Chile - Map
Phone: 56 2 660 2240
Fax: 56 2 660 2206
Web Site: http://www.corpbanca.cl

DETAILS 
Index Membership:N/A
Sector:Financial
Industry:Foreign Regional Banks
Full Time Employees:3,022

BUSINESS SUMMARY 
CORPBANCA and its subsidiaries provide various commercial and retail banking services in Chile. The company accepts checking accounts, savings accounts, and time deposits. Its loan portfolio includes commercial loans; working capital loans; mortgage loans, including residential mortgages for the purchase of new and existing homes, and other mortgages for other purposes secured by real property owned by the customer; consumer loans that comprise personal loans, automotive financing, and university and post-graduate education loans; and syndicated loans. The company also offers trade financing, on-lending of financing, overdraft credit lines, letters of credit, cash flow management services, currency forwards, credit and debit cards, ATM cards, and Internet and telephone banking services. In addition, CORPBANCA provides financial and legal advisory, mutual fund management, insurance brokerage, and securities brokerage services. Further, it offers leasing services relating to commercial real estate, vehicles, and machinery, as well as factoring services by purchasing customers’ debt portfolios, such as bills, notes, and contracts. As of December 31, 2008, the company operated 109 branch offices in Chile, which include 54 branches operating under the CorpBanca name, and 55 branches operating under the Banco Condell name. It also operated 205 ATMs in Chile. The company was founded in 1871 and is based in Santiago, Chile.
Key Statistics

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    KEY EXECUTIVES 
     PayExercised
    Mr. Mario Chamorro Carrizo , 51
    Chief Exec. Officer, Chairman of Compliance Committee and Member of Asset & Liability Committee
    N/A N/A
    Jaime Córdova Fernández ,
    Chairman of Corp. S A and Chief Exec. Officer of Corp. S A
    N/A N/A
    Mr. Julio Henríquez Banto , 44
    Interim Chief Financial Officer, Division Mang. of Risk and Member of Asset & Liability Committee
    N/A N/A
    Mr. Sergio Benavente Riobó , 48
    Chief Financial Officer
    N/A N/A
    Mr. Ramiro Fernández Zanetti ,
    Chief Exec. Officer of Corp. Corredores de Bolsa S A
    N/A N/A
    Dollar amounts are as of 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.


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