Banco de Chile

It is a Chilean bank that exercises its banking operations in much of the country. It is responsible for offering insurance and financial services to people and small, medium and large companies.

History

The history of the bank began when Banco de Valparaíso was created in 1855, Banco Nacional de Chile in 1865 and Banco Agrícola in 1868. Those three banking institutions merged to form Banco de Chile in 1893 and began operating the following year. It had problems during the economic crisis of 1929 but was able to solve the financial issues. Since 1940, it started to buy shares of other critical commercial institutions of that time to consolidate even more. After several changes, it was reprivatized in 1975. In 1982, it expanded globally in the United States and later, in the 1990s, in Argentina, Brazil and Mexico. The Luksic Group took control of the bank in 2001. In 2002, it merged with Banco Edwards Citi and then with Citibank Chile in 2007.

Routing Number

The route number consists of 9 digits that represent the efficiency and guarantee in a bank transfer: 066014085.

Number of Employees

The bank has approximately 11,000 employees.

Rating

The rating is the evaluation of a bank and the risks it can take in case of not paying a debt. Moody’s, S&P, and Fitch are the agencies in charge of it.

Banco de Chile has a rating of:

  • Moody’s = A1.
  • S&P = A.
  • Fitch = AAA.

A1 (Moody’s) = It has medium-high quality, low credit risk, but with elements that suggest a susceptibility to long-term deterioration.

A (S&P Global) = The economic situation could affect financing.

AAA (Fitch) = The entity has maximum security.

Headquarters

The headquarters of the entity is in the city of Santiago, Chile.

Website

If you want to know more about this bank, enter through its website: http://www.bancochile.cl/.

Services

  • People: Some services offered by the bank include checking accounts, credit cards, credits, mortgages, savings, insurance, investments, online payments and more.
  • Companies: The entity provides mass payment services, fund transfers, collections, insurance, financial advice, international business and more to companies.

Besides, the bank offers additional services in the sector of preferential and private banking, SMEs and more.

Contact

  • Address:  Paseo Ahumada 251, Santiago, Chile
  • Phone Number: 
  • People: (600) 637 3737 or +56 2 26373737
  • Companies: (600) 637 38 38 or +56 2 26373838