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Banco Bice (Chile)

Main Activities: Commercial Banking | Credit Card Issuing | Real Estate Credit
Full name: Banco Bice Profile Updated: February 28, 2023
Buy our report for this company USD 29.95 Most recent financial data: 2022 Available in: English & Spanish Download a sample report

Banco Bice provides various banking products and services in Chile. It operates in Business Banking, Retail Banking, Treasury, and Subsidiaries and Others segments. The Business Banking segment provides current accounts, commercial leases, deposits, working capital financing, financing of projects or foreign trade activities, and revolving credit facilities, as well as non-credit services, such as collections, payment of supplies, payroll payment management, and a range of treasury products to companies, multinational corporations, financial institutions, state-owned companies, and subsidiaries of economic groups. The Retail Banking segment offers current and savings accounts, deposits, custody services, credit and debit cards, consumer loans, and housing mortgage loans to private individuals and investment companies. The Treasury segment is involved in the management and intermediation of its own investments and derivatives; and management and optimization of the financing structure, rate, term, and foreign currency mismatches. The Subsidiaries and Others segment provides funds management, stock market trading and brokerage, and life insurance brokerage services, as well as fraud, life, travel, and homeowner’s insurance. The company was founded in 1979 and is based in Santiago, Chile. Banco Bice (Chile) operates as a subsidiary of Bicecorp S.A.

Headquarters
Av. Apoquindo 3846
Santiago; Metropolitana; Postal Code: 8340434

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Website: http://www.bancobice.cl

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
1979
Key Executives
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President
Ownership Details
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99.908%
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0.064%
Subsidiaries
Sociedad Operadora de La Camara de Compensacion de Pagos de Alto Valor S.A.
6.88%
Company Performance
Financial values in the chart are available after Banco Bice report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency CLP. Absolute financial data is included in the purchased report.
Net interest income
-29.62%
Net fee and commission income
-2.91%
Operating profit (EBIT)
51.26%
Net Profit (Loss) for the Period
64.41%
Total assets
6.68%
Loans and advances to customers
27.31%
Total equity
26.53%
Cost to Income Ratio
5.65%
Loans to Deposits Ratio
-25.82%
Loans to Asset Ratio
13.44%

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