Banco Santander-Chile SA
Banco Santander Chile SA provides commercial and retail banking services. It also offers financial services, such as financial leasing, financial advisory services, mutual fund management, securities brokerage, insurance brokerage, and investment management. The company operates its business through the following segments: Individuals, Small and Mid-Sized Companies (PYMEs), Institutional, Companies, Global Banking and Markets, and Corporate Activities. The Individuals segment is divided into Santander Banefe and Commercial Banking sub-segments. The PYMEs segment offers small companies services, such as consumer loans, credit cards, auto loans, mortgage loans, debit cards, savings products, mutual funds, commercial loans, foreign trade, checking accounts, insurance, and stock brokerage. The Institutional segment serves include universities, government agencies, and municipal and regional governments. The Companies segment include Commercial Banking and Company Banking. Its sub-segment are Medium-sized companies (Companies), Real Estate Companies (Real Estate), and Large Corporations. The Global Banking and Markets segment comprises of Corporate and Treasury sub-segments. The Corporate sub-segment deals with foreign multinational or Chilean corporations. The Treasury sub-segment gives sophisticated financial products to companies in the wholesale banking area and the Companies segment. It also handles intermediation of positions and manages the bank's investment portfolio. The Corporate Activities segment specializes in financial management and manages bank's personal funds, capital allocation by unit, and the financing of investments made. The company was founded on September 7, 1977 and is headquartered in Santiago, Chile.