Banco De Chile (NYSE:BCH), established in 1893 and headquartered in Santiago, is one of the largest and most diversified financial institutions in Chile. As a full-service bank, it serves a wide range of clients, from individual retail customers to large multinational corporations. Banco de Chile conducts its operations through various channels, including a network of branches, ATMs, digital platforms and corporate offices, offering seamless access to banking services across the country.
The bank’s core business activities span retail banking, corporate and commercial lending, treasury and markets, asset management and insurance. Retail customers can access deposit products, credit cards, personal loans, mortgages and wealth management solutions, while corporate clients benefit from working capital financing, structured trade finance, project financing and investment banking advisory services. Banco de Chile’s treasury unit provides foreign exchange, derivatives and fixed-income solutions, supporting both domestic enterprises and international investors.
Although its primary market is Chile, Banco de Chile maintains correspondent relationships and representative offices abroad, notably in Miami, to facilitate international trade and cross-border transactions. This global connectivity enhances the bank’s ability to serve exporters, importers and multinational firms, while also attracting foreign investment into Chile’s dynamic economy. Investment in digital channels has further strengthened the bank’s capacity to deliver online and mobile banking services, catering to evolving customer preferences.
Banco de Chile is majority owned by the conglomerate Quiñenco, controlled by the Luksic family, which brings strategic oversight and long-term investment support. The bank is governed by a board of directors and an executive leadership team focused on risk management, corporate governance and sustainable growth. With over a century of history, Banco de Chile remains committed to innovation, financial inclusion and contributing to the economic development of Chile.
