Banco de Chile
New York Stock ExchangeCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Company Description
- CEO
- Eduardo Ebensperger Orrego
- Full Time Employees
- 11,156
- Sector
- Financial Services
- Industry
- Banks - Regional
- Address
- Ahumada 251 Santiago de Chile SA Chile 8320000
- IPO Date
- Aug 2, 2002
- CIK
- 0001161125
- Website
- portales.bancochile.cl
- Similar Companies
- Business
- Banco de Chile (NYSE: BCH), Chile's second-largest full-service commercial bank, provides a comprehensive range of banking products and services to individuals, small and medium-sized enterprises, large corporations, and institutional clients through its four principal segments: Retail Banking, Wholesale Banking, Treasury, and Subsidiaries; core offerings include consumer loans, commercial loans, mortgage loans, checking and savings accounts, credit cards, debit cards, lines of credit, debt instruments, foreign trade financing, derivative contracts, leases, securities brokerage, mutual funds, insurance brokerage, financial advisory services, acquiring and processing services via B-Pago, and collection services via Socofin. The bank maintains a multichannel distribution network featuring 235 branches, 1,868 ATMs, internet banking, mobile applications, and phone banking, serving approximately 7.0 million debtors, 12.6 million checking accounts, and 28.9 million debit cards across Chile, with total loans of USD 42.6 billion, demand deposits of USD 14.7 billion, and assets under management of USD 19.7 billion as of September 2024. Founded in 1893 and headquartered at Ahumada 251 in Santiago, Chile, Banco de Chile operates exclusively within the Chilean market, where it holds leading positions including 16% market share in total loans, 21% in demand deposits, 24% in net income, and 23% in assets under management; majority control rests with Quiñenco S.A. at approximately 51%, alongside strategic technology partnerships with Microsoft Azure, IBM, Visa, Mastercard, and Transbank. Recent developments include the extension of key agreements with Citigroup Inc. encompassing the Cooperation Agreement, Global Connectivity Agreement, and Amended and Restated Trademark License Agreement as of November 2025; implementation of Integral's technology platform in November 2025 to optimize foreign exchange operations and enhance multi-channel foreign currency distribution; launch of 17 new financial products in 2024 spanning digital credit offerings, sustainable finance products, and solutions for personal and corporate banking; accelerated digital initiatives such as FAN Clan accounts for teenagers, FAN Emprende for SMEs, FAN Ahorro savings accounts, and a new university student digital account, alongside B-Pago subsidiary rollout for acquiring services; and strengthened sustainability efforts through social bonds for women-owned enterprises, green finance frameworks, and C-Level ESG committee formation, positioning the bank as the local industry leader in Sustainalytics ESG Risk Ratings.
Company News
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