Top Largest Banks in Chile

The top largest banks of Chile include Banco Santander Chile, Banco de Chile, Banco de Credito e Inversiones, Scotiabank, Deutsche Bank, among others.

Banco Santander Chile is the largest bank in Chile by assets. It is a division of Grupo Santander.

Founded in 1893 as result of the merger of Banco Nacional de Chile, Banco Agricola and Banco de Valparaiso, Banco de Chile has been one of the biggest and most profitable Chilean banks in terms of return on assets and shareholders' equity. In 2002, Banco de Chile merged with Banco de A. Edwards - respectively, the second and fourth largest private banks in terms of loans and, the third and fifth in terms of equity - thus creating, at the time, the largest Chilean bank as regards to both measures. Banco de Chile is also listed in the local stock exchanges and in the New York Stock Exchange (NYSE).

Banco de Credito e Inversiones (Bci) is one of the most important banks in the country, with numerous subsidiaries that complement and support its business.

Scotiabank maintains a strong presence in Chile through its subsidiary, Scotiabank Sud Americano, S.A., one of the country's leading financial institutions. It offers a broad range of corporate, commercial and retail banking services.

Deutsche Bank Chile is a leading global investment bank in Chile with a proven track record in a wide array of products. It provides Corporate and Investment Banking, Sales and Trading and Asset Management products to large local and multinational companies. It also offers Private Banking linkage with offshore locations.

* Next: Top Largest Banks in Argentina

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Kelvin Wong Loke Yuen is an experienced writer with a strong background in finance, specializing in the creation of informative and engaging content on topics such as investment strategies, financial ratio analysis, and more. With years of experience in both financial writing and education, Kelvin is adept at translating complex financial concepts into clear, accessible language for a wide range of audiences. Follow him on: LinkedIn.

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