Santander Chile

Key details

• Parent: assets

Overview

Santander Chile is BCS: BSAN + NYSE: BSAC + Banco Santander Spain Chilean subsidiary + Chile's largest private commercial bank by assets + ~3.5M+ Chilean customers [1, cl-cro].

History

1978 — Banco Santander Spain acquires Banco de Santiago Chilean operations.

2002 — Banco Santander Chile + Banco Santiago merger forms today's Banco Santander Chile distinctive Chilean banking consolidation.

2010 — Santander Chile mobile banking app launch.

Ownership & operator

Operating entity: Banco Santander Chile (Chilean commercial bank; Banco Santander Spain subsidiary).

Major shareholders: Banco Santander Spain (BME: SAN + NYSE: SAN; Spanish global banking group; ~165M+ customers globally) ~67% controlling + Chilean retail + institutional + foreign investors free float.

Regulators: CMF Chile + BCCh.

Technical integration

Santander Chile mobile app (iOS + Android; ~3.5M+ Chilean customers) + banco.santander.cl online + Santander Chile branch network across Chile + Santander Chile Visa + Mastercard cards; CL IBAN + TEF CL (Transferencia Electrónica de Fondos Chilean payment system).

Implementations & partners

Banco Santander parent: [[santander-spain]] (Banco Santander Spain; BME: SAN + NYSE: SAN; Spanish global banking group).

Major Chilean banking + payments competitors: [[banco-de-chile]] (Banco de Chile; BCS: CHILE + NYSE: BCH; Chile's #2 commercial bank by assets; Quiñenco + Citigroup major shareholders) + [[banco-estado-chile]] (BancoEstado; Chilean federal government fully owned; Chile's largest state-owned commercial bank by branches) + [[bci-chile]] (BCI Banco de Crédito e Inversiones; BCS: BCI; one of Chile's largest commercial banks) + [[scotia-cl]] (Scotiabank Chile; Scotiabank Canadian parent subsidiary) + [[itau-chile]] (Itaú Chile; Itaú Unibanco Brazilian parent Chilean subsidiary) + [[banco-bbva-chile]] (BBVA Chile; BBVA Spain Chilean subsidiary) + [[banco-falabella]] (Banco Falabella; Falabella Chilean retail conglomerate banking subsidiary) + mach (MACH; Banco BCI Chilean digital wallet) + [[mercado-pago-cl]] (Mercado Pago Chile; MercadoLibre group; Chilean operations).

Regulators: CMF Chile + BCCh.

Status

Active, BCS:BSAN + NYSE:BSAC + Banco Santander Spain Chilean subsidiary + Chile's largest private commercial bank by assets + ~3.5M+ Chilean customers [1, 2].

Sources

• 1 Santander Chile — official
• 2 Santander Chile — Wikipedia
• cl-cro In-corpus: reports/countries/CL-chile.md

Source

Biography extracted from santander-chile.md. See matrix.md for standards-support matrix if present.