Friday , April 23 2021

Banco de Chile is going to surpass Santander's profits




One month after the end of the year, the Banco de Chile is positioned as the company reporting the highest profit for the year, which could disrupt Santander, which in 2017 closed the Chilean market leader on this item.

According to the November preliminary results reported by the four largest banks, its profit is now $ 1,609,379 million (US $ 2.357 million).

The biggest monthly increase was the company controlled by Luxic and the other group after a 15% increase, reaching $ 539.017 million.

Second, Santander was very close, with a profit of $ 536,607 million, an increase of + 10%.

Itaú (in which the Saehe family, the Copesa manager issuing PULSO) in November, is 171,921 million, while BCI accumulates 361,834 million. US Dollar Profit

Placements

Despite the profit, Santander continues to lead the placements. Last month, its loans and receivables rose by 0.5% to US $ 29,510,432 million.

At the same time, the Banco de Chile grew by 1.2% to US $ 27,068,613 million. On the other hand, the ITU and BCI marked the November poverty, as the first place dropped by 0.3% to 21.185.676 million lats, and the latter reduced it by 1.5% to US $ 29 352 196 million.


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