BSAC

Banco Santander Chile Announces Redemption of Notes

Retrieved on: 
Wednesday, February 28, 2024

SANTIAGO, Chile, Feb. 28, 2024 (GLOBE NEWSWIRE) -- Banco Santander Chile (“Santander Chile” or the “Company”) (NYSE: BSAC; SSE: Bsantander) announced today that it has given notice to Citibank, N.A., London Branch, as fiscal agent and paying agent (in such capacity, the “Fiscal and Paying Agent”) that the Company is redeeming all Santander Chile’s outstanding JPY 10,500,000,000 0.60% Senior Fixed Rate Notes due 2024 (the “Notes”).

Key Points: 
  • SANTIAGO, Chile, Feb. 28, 2024 (GLOBE NEWSWIRE) -- Banco Santander Chile (“Santander Chile” or the “Company”) (NYSE: BSAC; SSE: Bsantander) announced today that it has given notice to Citibank, N.A., London Branch, as fiscal agent and paying agent (in such capacity, the “Fiscal and Paying Agent”) that the Company is redeeming all Santander Chile’s outstanding JPY 10,500,000,000 0.60% Senior Fixed Rate Notes due 2024 (the “Notes”).
  • A notice of redemption has been issued by Santander Chile today through Euroclear Bank S.A. and N.V., Clearstream Banking, S.A.
  • The redemption date will be March 29, 2024 (the “Redemption Date”) and the redemption price of 100% of the principal amount of the Notes, plus accrued and unpaid interest up to, but excluding, the Redemption Date will be paid in accordance with the final terms of the Notes.

Banco Santander Chile Announces the Filing of Its Annual Report on Form 20-F With the United States Securities and Exchange Commission for Fiscal Year 2023

Retrieved on: 
Thursday, February 22, 2024

SANTIAGO, Chile, Feb. 22, 2024 (GLOBE NEWSWIRE) -- Banco Santander Chile (“Santander Chile” or the “Company”) (NYSE: BSAC; SSE: Bsantander) announced today that its Annual Report on Form 20-F for the fiscal year ended December 31, 2023 (the “2023 Annual Report”) has been filed with the U.S. Securities and Exchange Commission (the “SEC”).

Key Points: 
  • SANTIAGO, Chile, Feb. 22, 2024 (GLOBE NEWSWIRE) -- Banco Santander Chile (“Santander Chile” or the “Company”) (NYSE: BSAC; SSE: Bsantander) announced today that its Annual Report on Form 20-F for the fiscal year ended December 31, 2023 (the “2023 Annual Report”) has been filed with the U.S. Securities and Exchange Commission (the “SEC”).
  • The 2023 Annual Report can be accessed either by visiting the SEC's website at www.sec.gov or Santander Chile’s corporate website at www.santander.cl.
  • In addition, shareholders may receive a hard copy of the 2023 Annual Report, which includes the Company's complete audited financial statements, free of charge by requesting a copy from Santander Chile's Investor Relations Office by email at: [email protected] .

The Santander Chile subsidiary Santander Consumer signs agreement to acquire Mundo Crédito's auto loan portfolio

Retrieved on: 
Monday, February 12, 2024

SANTIAGO, Chile, Feb. 12, 2024 (GLOBE NEWSWIRE) -- Banco Santander Chile's (NYSE: BSAC) announced that its subsidiary Santander Consumer Finance will acquire Mundo Crédito in an operation for up to US$ 79 million.

Key Points: 
  • SANTIAGO, Chile, Feb. 12, 2024 (GLOBE NEWSWIRE) -- Banco Santander Chile's (NYSE: BSAC) announced that its subsidiary Santander Consumer Finance will acquire Mundo Crédito in an operation for up to US$ 79 million.
  • The operation is subject to the approval of the National Economic Prosecutor's Office, the due diligence process and other usual conditions precedent.
  • According to what was reported in an Material Fact to the Financial Market Commission, once the aforementioned conditions are met, Santander Consumer will acquire automotive loans from Mundo Crédito that meet certain eligibility criteria.
  • Cristián Amar, CEO of Santander Consumer, pointed out that “we accompany people in their decisions that allow them to achieve greater well-being and better living conditions.

Banco Santander-Chile Announces Fourth Quarter 2023 Earnings

Retrieved on: 
Friday, February 2, 2024

SANTIAGO, Chile, Feb. 02, 2024 (GLOBE NEWSWIRE) -- Banco Santander Chile (NYSE: BSAC; SSE: Bsantander) announced today its resultsi for the twelve-month period ended December 31, 2023, and fourth quarter 2023 (4Q23).

Key Points: 
  • SANTIAGO, Chile, Feb. 02, 2024 (GLOBE NEWSWIRE) -- Banco Santander Chile (NYSE: BSAC; SSE: Bsantander) announced today its resultsi for the twelve-month period ended December 31, 2023, and fourth quarter 2023 (4Q23).
  • As of December 31, 2023 our NPS reached 60 points, and our contact center reached 72 points, being recognized as the best in the industry.
  • Our CET1 ratio remains solid at 11.1% and the total Basel III ratio reaches 17.6% at the end of December 2023.
  • Our earnings webcast will be held on Friday, February 2, 2023 at 8.30am New York time.

Santander Chile returns to the Swiss market with the largest placement by a Chilean issuer since 2014

Retrieved on: 
Thursday, January 11, 2024

SANTIAGO, Chile, Jan. 11, 2024 (GLOBE NEWSWIRE) -- Banco Santander Chile's (NYSE: BSAC) announced its return to the Swiss market with the largest placement by a Chilean issuer since 2014.

Key Points: 
  • SANTIAGO, Chile, Jan. 11, 2024 (GLOBE NEWSWIRE) -- Banco Santander Chile's (NYSE: BSAC) announced its return to the Swiss market with the largest placement by a Chilean issuer since 2014.
  • The results of this transaction reflect the great interest and demand from investors, making it the third largest placement of a Chilean issuer in this market.
  • The previous two also belong to Banco Santander, for CHF 250 million in 2010 and for CHF 300 million in 2014.
  • For Emiliano Muratore, Chief Financial Officer of Santander, “this issue is part of our objective of maintaining the diversification of our funding sources.

Banco Santander Chile: Announces Fourth Quarter 2023 Analyst and Investor Webcast / Conference Call

Retrieved on: 
Monday, January 8, 2024

SANTIAGO, Chile, Jan. 08, 2024 (GLOBE NEWSWIRE) -- You are cordially invited to participate in Banco Santander Chile's (NYSE: BSAC) conference call-webcast on Friday, February 2, 2023, at 8.30 AM (New York Time) where we will discuss 4Q 2023 financial results.

Key Points: 
  • SANTIAGO, Chile, Jan. 08, 2024 (GLOBE NEWSWIRE) -- You are cordially invited to participate in Banco Santander Chile's (NYSE: BSAC) conference call-webcast on Friday, February 2, 2023, at 8.30 AM (New York Time) where we will discuss 4Q 2023 financial results.
  • The Bank's Officers participating in the conference call are: Emiliano Muratore, CFO, Cristian Vicuña, Chief Strategy Officer & Head of IR and Claudio Soto, Chief Economist.
  • The Management Commentary report will be published on February 2, 2023, before the market opens.
  • If you have any questions, please contact Cristian Vicuña at Banco Santander Chile at [email protected] , Rowena Lambert at [email protected] or Claudia Villalon at [email protected]

Banco Santander-Chile Announces Third Quarter 2023 Earnings

Retrieved on: 
Tuesday, October 31, 2023

SANTIAGO, Chile, Oct. 31, 2023 (GLOBE NEWSWIRE) -- Banco Santander Chile (NYSE: BSAC; SSE: Bsantander) announced today its resultsi for the nine-month period ended September 30, 2023, and third quarter 2023 (3Q23).

Key Points: 
  • SANTIAGO, Chile, Oct. 31, 2023 (GLOBE NEWSWIRE) -- Banco Santander Chile (NYSE: BSAC; SSE: Bsantander) announced today its resultsi for the nine-month period ended September 30, 2023, and third quarter 2023 (3Q23).
  • During the third quarter of 2023, the Central Bank began to cut the MPR from 11.25% to 10.25% at the end of July to 9.50% in September.
  • Our earnings webcast will be held on Friday, November 3, 2023 at 10am New York time.
  • The BIS capital ratio as of September 30, 2023, was 17.1%, with a core capital ratio of 10.7%.

Santander Chile issues first green bond under its ESG Framework to finance green mortgages

Retrieved on: 
Thursday, October 26, 2023

SANTIAGO, Chile, Oct. 26, 2023 (GLOBE NEWSWIRE) -- Banco Santander Chile's (NYSE: BSAC) announced its first green bond under its ESG Framework to finance green mortgages.

Key Points: 
  • SANTIAGO, Chile, Oct. 26, 2023 (GLOBE NEWSWIRE) -- Banco Santander Chile's (NYSE: BSAC) announced its first green bond under its ESG Framework to finance green mortgages.
  • Santander Chile placed its first green bond under its ESG Framework incorporating ESG (Environmental, Social and Governance) criteria, focusing on the green mortgage product.
  • This is the first green bond with use of funds for green mortgages in the country.
  • In this context, having an ESG Framework gives us the necessary criteria that we must consider for this type of operations.”

Banco Santander Chile: Announces Third Quarter 2023 Analyst and Investor Webcast / Conference Call

Retrieved on: 
Friday, October 13, 2023

SANTIAGO, Chile, Oct. 13, 2023 (GLOBE NEWSWIRE) -- You are cordially invited to participate in Banco Santander Chile's (NYSE: BSAC) conference call-webcast on Friday, November 3, 2023, at 10.00 AM (New York Time) where we will discuss 3Q 2023 financial results.

Key Points: 
  • SANTIAGO, Chile, Oct. 13, 2023 (GLOBE NEWSWIRE) -- You are cordially invited to participate in Banco Santander Chile's (NYSE: BSAC) conference call-webcast on Friday, November 3, 2023, at 10.00 AM (New York Time) where we will discuss 3Q 2023 financial results.
  • The Bank's Officers participating in the conference call are: Emiliano Muratore, CFO, Cristian Vicuña, Chief Strategy Officer & Head of IR and Carmen Gloria Silva, Economist.
  • The Management Commentary report will be published on October 31, 2023, before the market opens.
  • If you have any questions, please contact Cristian Vicuña at Banco Santander Chile at [email protected] , Rowena Lambert at [email protected] or Claudia Villalon at [email protected]

Banco Santander-Chile Announces Second Quarter 2023 Earnings

Retrieved on: 
Monday, July 31, 2023

SANTIAGO, Chile, July 31, 2023 (GLOBE NEWSWIRE) -- Banco Santander Chile (NYSE: BSAC; SSE: Bsantander) announced today its resultsi for the six-month period ended June 30, 2023, and second quarter 2023 (2Q23).

Key Points: 
  • SANTIAGO, Chile, July 31, 2023 (GLOBE NEWSWIRE) -- Banco Santander Chile (NYSE: BSAC; SSE: Bsantander) announced today its resultsi for the six-month period ended June 30, 2023, and second quarter 2023 (2Q23).
  • As a result, our CET1 is 11.0% and the total BIS III ratio 17.5% at the end of June 2023.
  • Our earnings webcast will be held on Friday, August 4, 2023 at 11am ET.
  • The BIS capital ratio as of June 30, 2023, was 17.5%, with a core capital ratio of 11.0%.