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Banco De Chile ADS

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About

Banco de Chile is Chile's second-largest private bank, providing comprehensive financial services including commercial banking, consumer lending, corporate banking, investment banking, and treasury services. Founded in 1893, the bank serves individuals, small and medium-sized enterprises, and large corporations throughout Chile through extensive branch networks and digital channels. Banco de Chile offers checking and savings accounts, credit cards, mortgages, business loans, foreign exchange, securities brokerage, and wealth management services. The bank is majority-owned by Citigroup through a joint venture structure and benefits from access to international banking expertise and technology. Headquartered in Santiago, Chile, Banco de Chile maintains market-leading positions in key segments including corporate banking and treasury operations. The bank has invested significantly in digital banking capabilities to improve customer experience and operational efficiency. Banco de Chile navigates Chile's economic cycles, political developments, and competitive banking sector while maintaining strong credit quality and capital levels. The bank continues to focus on profitable growth, digital transformation, and serving the evolving needs of Chilean businesses and consumers.