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Scotiabank Chile (Chile)

Main Activities: Commercial Banking | International Trade Financing | Securities Brokerage
Secondary Activities: Insurance Agencies and Brokerages
Full name: Scotiabank Chile Profile Updated: November 12, 2025
Buy our report for this company USD 29.95 Most recent financial data: 2024 Available in: English & Spanish Download a sample report

Scotiabank Chile, incorporated in 1944, is a leading financial institution headquartered in Santiago, Chile. It operates in the banking and financial services sector, offering a wide range of products including retail and corporate banking, wealth management, capital markets, and insurance brokerage. The bank is controlled by The Bank of Nova Scotia (Canada), which holds 99.8% ownership, making it part of one of the largest international banking groups in the Americas. Scotiabank Chile’s most important products include personal and business loans, savings and investment accounts, credit cards, digital banking services, and trade financing solutions. Its most recognizable brand is Scotiabank, associated with innovation, customer trust, and strong digital capabilities. Scotiabank entered Chile by acquiring Banco Sud Americano and later consolidated its position through the 2018 merger with BBVA Chile, becoming one of the top banks in the country. The bank has emphasized digital transformation, sustainability, and inclusive growth, reporting strong financial performance and maintaining high credit ratings. It continues to play a key role in Chile’s financial system, serving millions of clients through physical branches and advanced digital platforms.

Headquarters
Av. Costanera Sur 2710 Tower A
Santiago; Metropolitana; Postal Code: 8340423

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Website: https://www.scotiabankchile.cl/

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
January 01, 1944
Key Executives
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President
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Vice President
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Director/Member of the Board
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Director/Member of the Board
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Director/Member of the Board
Ownership Details
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99.8%
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0.2%
Subsidiaries
Bandesarrollo Sociedad De Leasing Inmobiliario S.A
99.91%
Scotia Corredora De Bolsa Chile S.A.
99.82%
Scotia Administradora General De Fondos Chile S.A.
99.13%
Company Performance
Financial values in the chart are available after Scotiabank Chile 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
2.54%
Net fee and commission income
15.49%
Operating profit (EBIT)
-19.86%
Net Profit (Loss) for the Period
-17.62%
Total assets
-4.23%
Loans and advances to customers
-2.37%
Total equity
3.8%
Total Assets Trend
-2.81%
Net Interest Income Trend
-16.72%
Cost to Income Ratio
10.05%
Loans to Deposits Ratio
3.5%
Loans to Asset Ratio
1.43%

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