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The lean banking behind Chile's comeback.(Business Credit)
Chile remains the center of growth and stability in Latin America, supported by booming export markets and a lean banking system that is quickly becoming a model for the region. GDP growth for 2004 should hit 4.5%, up from 3.3% in 2003 and 2.1% in 2002, but still well below the 7.3% average annual growth during the 1986-1997 boom years. Both consumer spending and business investment rose by more than 5% in the final quarter of 2003 on a year-ago basis, signaling a sharp upturn from lower growth earlier in the year.
The U.S. and Asian economic recoveries spurred Chilean growth in the last half of 2003 and the first half of 2004. Domestic demand boosted imports. ...
- Banco Santander Chile and Almacenes Paris Announce a Commercial Strategic...
- Press release article from: PR Newswire November 19, 2003 700+ words
...Santiago Express division of Banco Santander Chile to Almacenes Paris, and the transfer to Banco Santander Chile of the financial assets of...minimum term of five years. Banco Santander Chile, the largest bank in Chile...
- BANCO SANTANDER CHILE COMPLETES ACQUISITION OF BANCO OSORNO; NEW ENTITY WILL...
- Press release article from: PR Newswire July 1, 1996 700+ words
...July 1 /PRNewswire/ -- Banco Santander Chile today announced that it has...Stock Exchange under the name Banco Santander Chile (NYSE: BSB). On June 10, 1996, Banco Santander Chile and Banco Osorno shareholders...
- Banco Santander Chile Commences Exchange Offer.
- Press release article from: PR Newswire December 13, 2002 700+ words
* Banco Santander Chile today commenced an offer to exchange...Up to US$300,000,000 of Banco Santander Chile's new notes will be available...BBB+ by Standard and Poor's. Banco Santander Chile today commenced an offer to exchange...
- Banco Santander Chile Announces Filing Form 20-F with the SEC.
- Press release article from: PR Newswire June 19, 2007 700+ words
...PRNewswire-FirstCall/ -- Banco Santander Chile filed its Annual Report on...consolidated financial statements of Banco Santander Chile and its subsidiaries at December...and can also be found at Banco Santander Chile's website http://www...
- Banco Santander Chile Announces Third Quarter 1997 Financial Results
- Press release article from: PR Newswire October 23, 1997 700+ words
...Oct. 22 /PRNewswire/ -- Banco Santander Chile (NYSE: BSB) today announced...lower provision expenses. Banco Santander Chile Quarter ended September 30...completion of the merger, Banco Santander Chile has entered a new phase in...
- Banco Santander Chile Announces Filing of Form 20-F with the SEC.
- Press release article from: PR Newswire June 27, 2008 700+ words
...PRNewswire-FirstCall/ -- Banco Santander Chile filed its Annual Report on...consolidated financial statements of Banco Santander Chile and its subsidiaries at December...and can also be found at Banco Santander Chile's website http://www...
- BANCO SANTANDER CHILE ANNOUNCES FIRST HALF 1996 FINANCIAL RESULTS
- Press release article from: PR Newswire July 22, 1996 700+ words
...July 22 /PRNewswire/ -- Banco Santander Chile (NYSE: BSB) today announced...30, 1996. Separately, Banco Santander Chile also announced the stand...the first half of 1996. Banco Santander Chile merged with Banco Osorno...
- Banco Santander Chile Signs US$300 million EMTN Program(1).
- Press release article from: PR Newswire April 23, 2001 700+ words
...Interactive News Release/ -- Banco Santander Chile recently signed a European...indirectly owns 74.65% of Banco Santander Chile. Santander Chile Holding...Hispano S.A. Apart from Banco Santander Chile, this holding company owns...
Source: HighBeam Research, The lean banking behind Chile's comeback.(Business Credit)