Japan Credit Rating Agency

Banco Santander-Chile Announces Fourth Quarter 2023 Earnings

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Friday, February 2, 2024
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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.

Banco Santander-Chile Announces Third Quarter 2023 Earnings

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Tuesday, October 31, 2023
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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%.

Banco Santander-Chile Announces Second Quarter 2023 Earnings

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Monday, July 31, 2023
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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%.

Gemcorp, Africa Finance Corporation and Afreximbank announce the financial close of Cabinda Oil Refinery with a US$335-million project financing facility

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Thursday, July 13, 2023
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LONDON and CAIRO, Egypt and LAGOS, Nigeria, July 13, 2023 (GLOBE NEWSWIRE) -- Gemcorp Holdings Limited (GHL), Africa Finance Corporation (AFC) and African Export-Import Bank (Afreximbank) are pleased to announce the financial close of the Cabinda Oil Refinery in Angola.

Key Points: 
  • LONDON and CAIRO, Egypt and LAGOS, Nigeria, July 13, 2023 (GLOBE NEWSWIRE) -- Gemcorp Holdings Limited (GHL), Africa Finance Corporation (AFC) and African Export-Import Bank (Afreximbank) are pleased to announce the financial close of the Cabinda Oil Refinery in Angola.
  • Other lenders also contributing to the project financing facility include The Industrial Development Corporation (IDC) of South Africa, The Arab Bank for the Economic Development in Africa (BADEA) and Banco de Fomento Angola (BFA).
  • Gemcorp Chief Executive Officer, Atanas Bostandjiev said, “We are extremely excited to be making this investment in the Cabinda Oil Refinery.
  • Africa Finance Corporation (AFC) was established in 2007 to be the catalyst for private sector-led infrastructure investment across Africa.

Banco Santander-Chile Announces First Quarter 2023 Earnings

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Friday, April 28, 2023
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SANTIAGO, Chile, April 28, 2023 (GLOBE NEWSWIRE) -- Banco Santander Chile (NYSE: BSAC; SSE: Bsantander) announced today its resultsi for the three-month period ended March 31, 2023, and first quarter 2023 (1Q23).

Key Points: 
  • SANTIAGO, Chile, April 28, 2023 (GLOBE NEWSWIRE) -- Banco Santander Chile (NYSE: BSAC; SSE: Bsantander) announced today its resultsi for the three-month period ended March 31, 2023, and first quarter 2023 (1Q23).
  • In our Ordinary Shareholders’ meeting held on April 19, 2023, the distribution of 60% of 2022 earnings was approved.
  • In March 2023, Roman Blanco, CEO and Country Head, publicly launched the strategy for 2023-2026, unveiling the first three revolutionary projects for 2023.
  • The total number of Life clients as of March 2023 increased 17.3% YoY and in the first quarter 2023 Life opened 47,784 current accounts reaching a total of 1,145,750 clients.

Japan Credit Rating Agency affirms CABEI's international credit risk rating of "AA", with a stable outlook

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Thursday, April 27, 2023
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TEGUCIGALPA, Honduras, April 27, 2023 /PRNewswire/ -- The Japan Credit Rating Agency (JCR) affirmed the long-term international risk rating of the Central American Bank for Economic Integration (CABEI) at "AA"; with a stable outlook.

Key Points: 
  • TEGUCIGALPA, Honduras, April 27, 2023 /PRNewswire/ -- The Japan Credit Rating Agency (JCR) affirmed the long-term international risk rating of the Central American Bank for Economic Integration (CABEI) at "AA"; with a stable outlook.
  • According to JCR's official statement, the Bank's credit rating is based on the solid support from its member countries, its preferred creditor status, and sound financial structure and ample liquidity.
  • CABEI not only retains ample liquidity based on its prudent financial rules but also maintains its financial soundness by diversifying its funding sources.
  • In this regard, he emphasized the importance of continuing to incorporate member countries with high credit ratings to continue improving the Bank's rating, and thus enhance the channeling of resources to the Central American region in stable and competitive financial conditions.

Santander becomes the local bank with the largest number of female directors

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Wednesday, April 19, 2023
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In this way, Santander Chile becomes the bank in the market with the largest number of female directors, joining Ana Dorrego and Lucía Santa Cruz.

Key Points: 
  • In this way, Santander Chile becomes the bank in the market with the largest number of female directors, joining Ana Dorrego and Lucía Santa Cruz.
  • In this way, there will be four women out of a total of nine regular members of the board of directors.
  • 1 Bank in Chile, and by the Dow Jones Sustainability Index, integrating the prestigious group of Global Emerging companies, as the only Chilean bank present.
  • Banco Santander Chile is the largest bank in the Chilean market in terms of loans and assets.

Santander announces strategic projects for 2023 as part of the new Chile First program: “Más Lucas”, a digital zero-cost interest bearing sight and savings account and the new Work/Café Expresso transaction centers

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Tuesday, March 28, 2023
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Through these proposals, the Bank continues to advance in improving client experiences and helping people and business to prosper.

Key Points: 
  • Through these proposals, the Bank continues to advance in improving client experiences and helping people and business to prosper.
  • Today, Roman Blanco, CEO and Country Head of Banco Santander Chile (NYSE: BSAC) presented the "Chile First” initiatives in which various new and revolutionary strategic projects for 2023 were unveiled.
  • The first initiative presented was "Más Lucas", the first 100% digital on-boarding interest-bearing sight and savings account for the mass market.
  • In this way, "Más Lucas" responds to Santander's commitment to financial inclusion, by granting people access to new financial products.

Banco Santander-Chile summons annual shareholders meeting and proposes a dividend of 60% of 2022 net income attributable to shareholders

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Tuesday, March 14, 2023
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Among other items to be submitted for approval to shareholders, the Board is proposing a dividend of Ch$2.57469221 per share, corresponding to 60% of net income attributable to shareholders.

Key Points: 
  • Among other items to be submitted for approval to shareholders, the Board is proposing a dividend of Ch$2.57469221 per share, corresponding to 60% of net income attributable to shareholders.
  • Likewise, the remaining 40% of net income attributable to shareholders will be destined to increase the Bank's reserves and/or accumulated profits of the Bank.
  • Banco Santander Chile is the largest bank in the Chilean market in terms of loans and assets.
  • The BIS capital ratio as of December 31, 2022 was 17.45%, with a core capital ratio of 11.1%.

Banco Santander-Chile Announces Fourth Quarter 2022 Earnings

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Friday, February 3, 2023
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SANTIAGO, Chile, Feb. 03, 2023 (GLOBE NEWSWIRE) -- Banco Santander Chile (NYSE: BSAC; SSE: Bsantander) announced today its resultsi for the twelve-month period ended December 31, 2022, and fourth quarter 2022 (4Q22).

Key Points: 
  • SANTIAGO, Chile, Feb. 03, 2023 (GLOBE NEWSWIRE) -- Banco Santander Chile (NYSE: BSAC; SSE: Bsantander) announced today its resultsi for the twelve-month period ended December 31, 2022, and fourth quarter 2022 (4Q22).
  • The total number of Life clients as of December 2022 increased 22.0% YoY and in the fourth quarter 2022 Life opened 27,849 current accounts, reaching a total of 1,097,966 clients.
  • According to the latest information available, as of October 2022, our market share of current accounts reached 28.4% in current accounts.
  • Banco Santander Chile is the largest bank in the Chilean market in terms of loans and assets.