| Business Summary | | Banco
Santiago
is
a
bank
in
Chile,
operating
in
the
country's
entire
13
geographic
regions,
including
the
Santiago
Metropolitan
Region,
through
161
branches
as
of
December
31,
1999,
including
38
branches
or
offices
operating
under
the
BanSolucion
name.
Internationally,
Santiago
conducts
business
through
a
representative
office
in
New
York,
representatives
in
Argentina
and
Brazil
and
a
worldwide
network
of
more
than
400
correspondent
banks.
As
of
December
31,
1999,
Santiago
had
total
assets
of
$10,254.7
million,
deposits
of
$5,458.7
million
and
shareholders'
equity
of
$729.9
million. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Banco
Santiago
provides
a
broad
range
of
commercial
and
retail
banking
in
Chile,
Argentina,
Brazil,
Venezuela
and
the
U.S.
For
the
three
months
ended
3/31/01,
total
interest
income
fell
6%
to
CH$130.84
billion.
Net
interest
income
after
loan
loss
provision
rose
40%
to
CH$55.04
billion.
Net
income
rose
65%
to
CH$30.32
billion.
Net
interest
income
reflects
an
increase
in
average
spread
and
lower
loan
loss
provision.
Net
income
reflects
lower
loss
from
price
restatement. | More
from
Market Guide: Significant
Developments |
| Officers | |
| Position | Carlos Olivos Marchant | Chairman | Fernando Canas Berkowitz | CEO | Antonio Escamez Torres | Vice
Chairman | Marcial Portela Alvarez | Vice
Chairman | Benigno Rodriguez Rodriguez | Director
and Management Information Systems Director |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|