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Banco Estado (Chile)

Main Activities: Commercial Banking
Full name: Banco del Estado de Chile Profile Updated: October 30, 2019
Buy our report for this company USD 29.95 Most recent financial data: 2018 Available in: English & Spanish Download a sample report

Banco del Estado de Chile (better known as Banco Estado) is the only state-owned commercial bank in Chile, legally created in 1953. It provides financial services to individuals and businesses. Its main business turns are savings, mortgages, SMEs and businesses in general. Also through the Single Tax Account, administered by the General Treasury of the Republic, it is the institution that carries out all financial activities of the State of Chile. Has its antecedents in the National Savings Bank that was created in 1855.

Headquarters
Alameda 1111
Santiago; Metropolitana; Postal Code: 8320000

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Website: http://www.bancoestado.cl

Basic Information
Total Employees:
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Financial Auditors:
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Ratings:
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Incorporation Date:
January 01, 1970
Key Executives
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President
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President of the Board of Directors
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Vice President
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Vice President
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General Manager
Subsidiaries
BancoEstado - Sucursal New York (United States)
100%
BancoEstado S.A. Corredores de Bolsa
99.99%
Sociedad de Servicios Transaccionales Caja Vecina S.A.
99.85%
Company Performance
Financial values in the chart are available after Banco Estado 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
13.02%
Net fee and commission income
11.26%
Operating profit (EBIT)
42.24%
Net Profit (Loss) for the Period
28.64%
Total assets
6.62%
Loans and advances to customers
7.31%
Total equity
5.99%
Total Assets Trend
3.6%
Net Interest Income Trend
5.19%
Cost to Income Ratio
-1.35%
Loans to Deposits Ratio
3.08%
Loans to Asset Ratio
0.48%

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